Skyline Views

CoStar News Exclusive: Madison Marquette, PMRG to Merge

By Tony Wilbert, CoStar News

Madison Marquette and PMRG are in definite talks to merge their firms.

Madison Marquette provided the following statement to CoStar News: "Madison Marquette, one of the nation's leading privately held commercial real estate investment and operating companies, and PMRG, one of the nation's premier privately held commercial real estate firms specializing in project leasing, property management, investment management and development services, confirmed today that they are in discussion to merge operations. Closing is anticipated in the next 30 days." 

CoStar Group Scoop: Canada's Minto Meets Advisers on Possible Multifamily IPO

Great international scoop from Garry Marr of CoStar News.

Ottawa's Minto Meeting with Advisers on Possible Multifamily IPO

Investors Hot, Hot, Hot for Cool Atlanta Offices: CoStar News

By Tony Wilbert, CoStar News

Click here for full story; see preview below.

Investors are snapping up creative offices and retail spaces in Atlanta's intown neighborhood, and they are paying previously unheard of prices for the Class B product.


In the latest example, Mimms Enterprises acquired Lumberyard Office Lofts, a 67,808-square-foot office complex at 1425 Ellsworth Industrial Dr. in Atlanta's Northside Drive/Georgia Tech - also known as Chattahoochee Industrial - submarket. Based on information in the state of Georgia real estate transfer tax declaration, Roswell, GA-based Mimms paid $13.97 million, or $206 per square foot, for the Class B property built in 2001.