Madison Marquette has merged with PMRG.
The companies’ shared clients include many of the top institutional owners and investors in the industry. PMRG’s dominance in the southern United States is complementary to Madison’s presence in primary gateway markets on both coasts. The combined company will be headquartered in Washington, D.C., with a major presence in Houston. Key executives, client services and corporate functions will be located in 12 regional offices across the United States. The new company is home to 600 professionals and the leadership of both firms will remain intact.
While the operating platforms are in transition, the two companies will retain their individual brands. Like Madison Marquette, PMRG will be identified as a Capital Guidance company until the combined firm announces its final branding. Capital Guidance, the parent company, is a privately held, international investment company with expertise across diverse business sectors in 27 countries. Founded in 1965, the company maintains primary offices in Washington, D.C., Geneva and Paris.
Madison Marquette is a leader in mixed-use and retail development and redevelopment and maintains offices in major urban gateway markets including New York, Washington, D.C., Fort Lauderdale, San Francisco, Seattle and Los Angeles. Madison Marquette’s projects include the $2.5 billion District Wharf in Washington, D.C., in partnership with PN Hoffman; the Asbury Park Boardwalk redevelopment in New Jersey; the revitalized District La Brea in Los Angeles; and Pacific Place in Seattle. The company manages a national portfolio of premium retail and mixed-use assets on behalf of third-party clients and manages an investment portfolio valued at $5 billion.
PMRG leases, manages and provides investment and development expertise across a diverse portfolio of office, industrial, medical and multifamily space in 17 states and 33 markets. Signature projects include trophy office property 3737 Buffalo Speedway and 2929 Wesleyan, a landmark 40-story multifamily development in Houston; as well as well The Confluence luxury multifamily tower in Denver; and Mesa Acute Care Hospital in Mesa, Ariz.
