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| CSG Partners |
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CSG Partners, LLC is the real estate development and investment arm of a joint venture between The Creaney & Smith Group, LLC and the Global Merchant Banking Group of Prudential Real Estate Investors. CSG Partners specializes in the commercial development of a wide range of industrial, flex and office properties in the I-95 and I-64 corridors, between Southern New Jersey and Philadelphia through the Baltimore Washington Corridor to the Richmond and Tidewater regions of Virginia. Formed in August 2006, Partners has $300 MM in transaction capacity to acquire, develop and redevelop industrial, office and flex properties throughout the Mid-Atlantic region. |
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| Prudential Real Estate Investors (PREI) |
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Prudential Real Estate Investors (PREI) is the real estate investment management business of Prudential Financial. PREI is comprised of fund management centers in Parsippany, New Jersey; Atlanta, Georgia; Munich, Germany; London, England; and Singapore; supported by a network of local offices throughout the world. PREI's specialized operating units offer a broad range of investment opportunities and investment management services in the United States, Europe, Asia and Latin America. As of March 31, 2009 PREI managed $42.1 billion of gross assets ($25.3 billion net) on behalf of more than 400 clients and is ranked among the largest real estate investment managers.
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| The Creaney & Smith Group |
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The Creaney & Smith Group LLC (“CSG”) was founded in 1982 as a real estate development company. CSG has acquired, developed, redeveloped, leased and managed in excess of six million square feet of office, flex and industrial space in the Baltimore-Washington marketplace, with an aggregate value of more than $300 million. Additionally, CSG has developed in excess of one million square feet outside their immediate marketplace both for their own account as well as for third party fee.
CSG’s performance record is due to a deep, vertically integrated management bench, skilled in all phases of land acquisition and development, leasing, property management and existing property acquisition and redevelopment. CSG’s ability to control operation risk, deliver projects on time and on budget, while achieving satisfactory returns for itself and financial partners has contributed to their enviable track record. CSG currently has several developments underway in the Mid-Atlantic region, comprising an additional 850,000 square feet of space. |
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| Property Management Associates |
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Property Management Associates, LLC ("PMA"), an affiliate of CSG Partners and the Creaney & Smith Group (collectively "CSG"), was formed in 1996. PMA provides comprehensive asset management and day to day property management for CSG's entire portfolio and a limited number of third party assets. PMA currently manages two millions (2,000,000) square feet of commercial property in the Mid Atlantic region from tidewater Virginia up through the greater Philadelphia area. PMA's mission is to provide the highest level of management related services, including, but not limited to: focused tenant retention plans, building operational oversight, accounting and financial forecasting, construction management and leasing administration. |
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