About Prime Group Realty Trust

Prime Group Realty Trust is an award-winning real estate investment trust that owns, manages, leases, and redevelops office real estate, primarily in metropolitan Chicago.

We offer a full range of services, including:

  • Property Management
  • Leasing
  • Marketing
  • Acquisition
  • Redevelopment

The size and scope of our portfolio allow us to reduce our tenant's overall operating costs. By lowering overhead, we are able to structure leases that add value for tenants. Some of the following Class A properties in our portfolio include:

  • 330 North Wabash Avenue
  • Olympian Office Center (4343 Commerce Court)

Beginning on May 27, 2010, our Series B Preferred Shares are being traded on the Pink Sheets with Pink OTC Markets Inc. under the symbol PMGEP. The following links provide trading information relating to these shares.

http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=PMGEP 

http://finance.yahoo.com/q?s=PMGEP.PK

Prior to May 27, 2010 our Series B Preferred Shares traded on the New York Stock Exchange under the symbol PGEPRB. Our common stock is privately owned by an affiliate of The Lightstone Group LLP.

At Prime Group Realty Trust, our most important property is the value that we can help add to your business. For more information, contact us today at 312-917-1300.

Our Prime Strategy: Focus on Chicago

We believe Chicago has distinct advantages over other markets due to its geographical location, role as a transportation hub, and its solid, diversified local economy. By focusing on the Chicago market, we have assembled a portfolio of Class A and B office and industrial buildings which meet a variety of tenant requirements. This expansive collection of buildings allows us to align ourselves with our tenants' needs.

Our specialization also offers benefits to tenants seeking the expertise of a seasoned property management group with a long-time working knowledge of the commercial real estate market of Chicago and its suburbs. Call 312-917-1300 to learn how our experienced management team can assist you with your Chicagoland real estate needs. 

Green Initiatives

Prime Group Realty Trust is proud to align itself with the best in 21st century environmental practices and policies. From reducing our emissions, to cutting excess lighting to installing state-of-the-art ventilation — to switching to HEPA-compliant vacuum cleaners — we know a clean environment is more than good business. It’s the key to a viable future for us all.

Community Action

Just as each one of our properties takes a signature stand in its community, our commitment to serve the surrounding community, as well as the Chicago real estate community, continues to stand strong.

Our educational outreach includes hosting the Science in the Loop Program, which in 2007 promoted the importance of science education in our school systems. In the past year we were also instrumental in collecting school supplies for under resourced children, in cooperation with the Rolling Meadows Police Neighborhood Resource Center.

Similarly, our efforts to promote pubic health are also an important part of our role in the community. As our donations to the American Heart Association, the Greater Chicago Food Depository and the Alzheimer’s Society attest, we believe our good fortune is meaningful only to the extent we can share it with others.

Awards

Prime Group Realty Trust has won numerous awards for the quality of asset management we provide. What makes these awards so special is the manner in which they are voted upon and granted. Winners aren’t decided by a panel of judges. Instead, the recipients are chosen by other owners and tenant representatives. Some of the awards we’ve won include:

330 North Wabash Avenue

  • 2010 BOMA 360 Performance Building Designation for excellence in management operations
  • 2010 U.S. Green Building Council’s (USGBC) LEED Silver Certification for Existing Buildings (EB) Operations & Maintenance (O&M)
  • 2009 U.S. Environmental Protection Agency's (EPA's) prestigious ENERGY STAR designation
  • 2007-08 BOMA Chicago & Five State North Central Regions "The Office Building of the Year"
  • 2006 BOMA/Chicago, "Partners for Clean Air Award for Excellence in the Ride Share Program."

 

The United Building (77 West Wacker Drive)

  • U.S. Environmental Protection Agency's (EPA's) prestigious ENERGY STAR designation
  • 2007 NAIOP Broker Transaction of the Year (Downtown Office) – United Airlines at 77 West Wacker
  • 2006-07 BOMA Chicago & Five State North Central Regions, “The Office Building of the Year”
  • 2001-02 BOMA Chicago & Five State North Central Regions, “The Office Building of the Year”
  • 1999-00 BOMA Chicago & Five State North Central Regions, “The Office Building of the Year”
  • 1993 Sun-Times “Real Estate Development of the Year”

 

Continental Towers (1701 Golf Road)

  • 2010 BOMA 360 Performance Building Designation for excellence in management operations
  • 2009 U.S. Environmental Protection Agency's (EPA's) prestigious ENERGY STAR designation
  • 2008-09 BOMA/Suburban Chicago and Five State North Central Region, “The Office Building of the Year”
  • 2006-07 BOMA/Suburban Chicago, “The Office Building of the Year”
  • 2005-06 BOMA/Suburban Chicago and Five State North Central Region, “The Office Building of the Year”
  • 2004-05 BOMA/Suburban Chicago and Five North Central Region, “The Office Building of the Year”

Let us put our unmatched level of service and expertise in the Chicago market to work for you.
Learn how we structure transactions that exceed expectations and achieve a "win-win" result for you and your clients.
See how our innovative management strategies can help increase your net income and cash flow.