Thursday, June 14, 2018

Madison Marquette-PMRG merger confirmed

Chain Store Age
The $7 billion merger between Madison Marquette and PMRG is a go, both companies have confirmed.

The two real estate companies — both with major stakes in mixed-use and retail — will be headquartered in Washington, D.C., and maintain a major presence in Houston. Madison Marquette and PMRG have long shared common clients among the top institutional owners and investors. PMRG’s strong foothold in the South, meanwhile, is complementary to Madison’s presence in primary markets on both coasts.. . . more