PRS leases and manages 7.6 Million SF in Atlanta

PRS leases and manages 1.8 Million SF in Chicago

PRS leases and manages 2.0 Million SF in Houston

PRS leases and manages 2.5 Million SF in Jacksonville

PRS leases and manages 2.8 Million SF in Orlando

PRS leases and manages 686K SF in Phoenix

PRS is a commercial real estate services and advisory firm serving the needs of those who own or invest in high quality office space.

At PRS we are committed to offering expert commercial real estate advice, strategic leasing services, and professional management services which increase NOI and maximize profit upon exit. We differentiate ourselves by focusing solely on landlord/owner representation.  With a proven track record of successful leasing and asset management, we treat our clients' real estate investments as if they were our own.

Experience

Nationally, PRS leases and manages 14 million square feet of office space in 11 states.  In Houston, PRS manages and leases 2.3 million square feet of high quality commercial office space.

History

PRS began in 1983 when its parent company, Parkway Properties, Inc., a publicly traded real estate investment company headquartered in Jackson, MS., established PRS as a real estate service provider to both third-party clients and the holdings of its parent company.  Acting as a steward of Parkway Properties' investment portfolio, PRS was obligated to the shareholders of the company's publicly traded stock.  To ensure dividends were paid, PRS had to lease the REIT's holdings in a way that provided the highest return for shareholders.  Today, we apply an owner mindset to our client portfolios, providing intuitive asset consideration and executive level strategic planning.  In 2011 Parkway completed a combination with EOLA capital, dramatically increasing SF under management and adding to the overall depth of the management team and capabilities.

Value Creation

Whether we are repositioning an asset or portfolio in a local market to maximize future income streams or determining how to increase the net operating income of a 100% leased office building through proven asset management, PRS continues to exceed the investment objectives of our property owners.

PRS combines intuitive real estate acumen and hands-on property-level oversight with a thorough understanding of the owner mindset and creative deal structuring. The resulting effect is superior income streams that accomplish our clients' long-term objectives and exit strategy.

Quick Facts:

  • Established in 1983
  • Currently has over 300 direct employees and over 60 supporting employees in areas such as Human Resources, Information Technology and Accounting.
  • Manages and Leases 28.9 Million SF of office space in 14 States
  • Manages and Leases 2.3 Million SF of office space in Houston