PM Realty Group to manage 452,000 sq. ft. Class-A building

LOS ANGELES – Houston-based PM Realty Group has received the exclusive property and construction management assignment for the 452,000 sq. ft. 1000 Wilshire building from New York-based owner Sumitomo Life Realty Inc. The 22-story, Class-A office building was built in 1987 in the Wilshire Boulevard corridor in Los Angeles, and includes tenants such as Wedbush Morgan Securities and Deloitte & Touche. Jim Proehl, senior vice president and director for PM Realty Group’s Western Division, will oversee the operations and construction management team. Peter Italiano, vice president of the company’s Southern California operations, will lead the day-to-day operations of the building.