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ATLANTA-Universal Health Realty Income Trust has hired PM Realty Group to lease and manage three of its local properties, Sheffield Medical Building and Southern Crescent Centers I & II. The assignments for the 167,000-sf portfolio will become effective July 1.

“This sizable assignment speaks to the expansion of PM Realty Group’s Atlanta office,” says Bill Weghorst, senior vice president and regional director for the Houston-based firm. He adds that the Universal Health assignment will further enhance its medical portfolio.

Sheffield Medical, at 1938 Peachtree Road near Piedmont Hospital, has approximately 72,000 rentable sf of office space and is 80% leased. Southern Crescent Centers, at 81 and 83 Upper Riverdale Road, have 41,000 sf and 57,000 sf, respectively.

With the addition of the Universal Health assignment, PM Realty leases, manages and provides engineering services for 19 million sf of commercial real estate in the Atlanta market. Notable buildings include Bank of America Plaza, One Buckhead Plaza, RiverEdge Summit and the Lenox Building.

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