The office will consolidate PMA’s existing New York staff and the employees of LPE Management Services, which PMA recently acquired. LPE will move from its current office at 310 East 65th Street. PMA now has seven offices nation-wide.
“This acquisition and our expanded footprint bring the entirety of our experience across industries and project types to New York and the entire Northeast corridor, where there are growing opportunities for knowledgeable real estate partners who understand the nuances of complex developments,” Roger McCarron, president and CEO of PMA, said in a statement. The lease rent wasn’t disclosed.