News | Project Management Advisors (PMA)

“Hotelization” Can Improve the On-Site Office Experience: Q&A with Project Management Advisors’ Mark

September 2023

Bringing more hospitality-inspired experiences and amenities into the workplace has been a slow but steady trend, going back well before the COVID-19 pandemic.
The Life Sciences Industry is Betting on Texas - Developers Should Too

August 2023

While biotech companies are waiting for the arrival of new state-of-the-art facilities, developers are standing by for the arrival of biotech companies. The state of Texas is a natural mooring for life sciences companies. It has one of the largest clusters of biotech and pharmaceutical professionals in the country, and a network of universities and institutions focused on building strong biochemistry, biophysics, and technology-based programs designed to churn out highly skilled talent.
Women Leaders Of Real Estate- Allison Owens of Project Management Advisors On The 5 Things You Need

July 2023

When I became a project manager, it felt like I finally had the balance of creativity, personal relationships and business savvy I was searching for. It’s the kind of job where you’re faced with a new problem every day and are always coming up with original solutions.
Compliance Strategies for Fire Safety

July 2023

“Facility directors frequently work with the safety officer for the hospital,” says Douglas King, vice president and national healthcare sector leader for Project Management Advisors, a national real estate consulting firm.
As the Commercial Market Falls Apart, These Three Assets Could Be Your Next Big Opportunity

June 2023

Offices across the country are still sitting empty. The nationwide office vacancy rate reached a high of about 20% in the first quarter of 2023, according to JLL, and while big tech companies are pressuring workers to return to the office, the hybrid work model has led to an increase in commercial office delinquencies. According to Trepp, a real estate analytics firm, the office delinquency rate surged 125 basis points in May to over 4%.
PMA’s Allison Owens Named as one of CRE’s Women of Influence, Class of 2023

May 2023

Since 1983, GlobeSt. Real Estate Forum has recognized a growing number of female CRE professionals for their remarkable achievements. Once again, GlobeSt. has collected nominations across various categories, spanning the entire commercial real estate spectrum, in effort to shine a light on the individuals that have personally impacted the market and significantly driven the industry to new heights via their outstanding successes. GlobeSt. is proud to announce this year’s Women of Influence winners.
Office-to-Life Science Conversions: High Demand, Lower Cost, Faster Delivery

May 2023

Given a marked flight-to-quality and declining demand for office space overall, older office assets are increasingly being converted to other uses. And of the 125 office conversion projects currently underway, half are being adapted for life science use, according to Jessica Morin, CBRE Americas head of office research.
Making the Streets Come Alive

May 2023

Apartment mixed-use community demand and innovation draw in and expand their neighborhoods. Mixed-use apartment communities no longer are just a few stories of apartments, a coffee shop and maybe a gym or dry cleaner next to a common retail establishment or two. Mixed-use developments have exploded and taken on a new scale, according to Allison Owens, Western Regional President for Project Management Advisors, Inc.
The Real Estate Quarterly – Difficulty Leasing

April 2023

The office market continued to be choppy in Los Angeles during the first quarter as employers wrestled with getting employees back to the office and grappled with how to make the best use of their space.
Rising Office Fit-Out Costs Are Leaving Some Projects on ‘Shaky Ground’

April 2023

Roger McCarron, president & CEO, Project Management Advisors, tells GlobeSt.com that many companies have been standing still on their real estate footprint since before 2019, only making decisions when their leases force them to do so.
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