{"id":1004232312,"date":"2018-05-29T01:37:57","date_gmt":"2018-05-29T09:37:57","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004232312"},"modified":"2022-12-08T18:11:17","modified_gmt":"2022-12-09T02:11:17","slug":"madison-marquette-pmrg-plan-merger","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/madison-marquette-pmrg-plan-merger\/","title":{"rendered":"Madison Marquette, PMRG to Merge in June"},"content":{"rendered":"

By Scott Baltic, Contributing Editor <\/em><\/p>\n

\"Madison<\/a>

Madison Marquette, PMRG to Merge<\/p><\/div>\n

Madison Marquette, a privately held CRE investment and operating company, and PMRG, a privately held firm specializing in project leasing, property management, investment management and development services, are in discussions to merge their operations. Closing is anticipated in June.<\/p>\n

Both companies are under the umbrella of Capital Guidance, which was founded more than 50 years ago by a small group of families with roots in the Middle East. Besides CRE, Capital Guidance has interests in financial services, specialty chemicals and luxury home products, among other sectors.<\/p>\n

\u201cMadison Marquette\u2019s investment management as well as retail and mixed-use development, marketing and management expertise would join PMRG\u2019s office, medical, industrial and multifamily capabilities to provide leadership across all asset classes to our clients and investment partners<\/em>,\u201d Amer Hammour, chairman of Madison Marquette and a managing director of Capital Guidance, said in a prepared statement.<\/p>\n

PMRG\u2019s concentration in the southern United States reportedly will complement Madison\u2019s presence in primary gateway markets on both coasts.<\/p>\n

The leadership of both firms, including PMRG Chairman & CEO Rick Kirk, will remain intact, and the combined company will maintain their primary office locations in Washington, D.C., and Houston. Both PMRG and Madison Marquette will continue to operate under their current names following the merger. <\/p>\n

Big projects on both sides<\/h2>\n

Madison Marquette maintains offices in major urban gateway markets including New York; Washington, D.C.; Fort Lauderdale, Fla.; San Francisco; Seattle; and Los Angeles.<\/p>\n

Its major projects include the $2.5 billion District Wharf<\/a> (a\/k\/a The Wharf) in Washington, D.C., in partnership with PN Hoffman; the Asbury Park Boardwalk redevelopment in New Jersey, N.J.; the revitalized District La Brea in Los Angeles; and Pacific Place in Seattle.<\/p>\n

Through offices in Houston; Atlanta; Washington, D.C.; Boston; and Irvine, Calif., PMRG leases, manages and provides investment and development expertise across a portfolio of office, industrial, medical and multifamily space in 17 states.<\/p>\n

Its signature projects include trophy office property 3737 Buffalo Speedway and 2929 Wesleyan, a landmark 40-story multifamily development in Houston, as well as The Confluence, a luxury multifamily tower in Denver; and Mesa Acute Care Hospital in Mesa, Ariz.<\/p>\n","protected":false},"excerpt":{"rendered":"

The two companies, both part of Capital Guidance, have complementary geographic areas of operation, and each has been involved in high-profile projects in recent years. <\/p>\n","protected":false},"author":882,"featured_media":1004232324,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,21783,21752,23891,21742],"tags":[33671,34775,33172],"class_list":["post-1004232312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-investment","category-mixed-use","category-national","category-latest","tag-madison-marquette","tag-pm-realty-group","tag-the-wharf"],"acf":[],"yoast_head":"\nMadison Marquette, PMRG to Merge in June - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/madison-marquette-pmrg-plan-merger\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Madison Marquette, PMRG to Merge in June\" \/>\n<meta property=\"og:description\" content=\"The two companies, both part of Capital Guidance, have complementary geographic areas of operation, and each has been involved in high-profile projects in recent years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/madison-marquette-pmrg-plan-merger\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-29T09:37:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T02:11:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Madison-Marquette-PMRG-Plan-Merger.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-marquette-pmrg-plan-merger\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-marquette-pmrg-plan-merger\\\/\"},\"author\":{\"name\":\"Scott Baltic\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\"},\"headline\":\"Madison Marquette, PMRG to Merge in June\",\"datePublished\":\"2018-05-29T09:37:57+00:00\",\"dateModified\":\"2022-12-09T02:11:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-marquette-pmrg-plan-merger\\\/\"},\"wordCount\":379,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-marquette-pmrg-plan-merger\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/05\\\/Madison-Marquette-PMRG-Plan-Merger.jpg\",\"keywords\":[\"Madison Marquette\",\"PM Realty Group\",\"The Wharf\"],\"articleSection\":[\"Featured\",\"Investment\",\"Mixed Use\",\"National\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-marquette-pmrg-plan-merger\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-marquette-pmrg-plan-merger\\\/\",\"name\":\"Madison Marquette, PMRG to Merge in June - 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