PMG Leasing, L.L.C. is a family-owned commercial real estate leasing and development firm based in New Orleans, Louisiana. Our specialty is the leasing of neighborhood retail space.
The PMG offices are located on the edge of the New Orleans Central Business District in a Skidmore Owings and Merrill office building, which was erected in 1963. The building is named K&B Plaza after the drugstore chain that headquartered there from 1972 to 1997. On the plaza level is a monumental granite fountain by Isamu Noguchi, called “Mississippi”. Contemporary art is also featured throughout the building interior.
Our commercial portfolio includes shopping centers concentrated in the New Orleans area, but also in Houma, Baton Rouge, North Louisiana, Gulfport, the Jackson area, Mobile and Pensacola. Many shopping centers have drugstore anchor spaces, which are typically 15,000 square feet. High quality warehouse space is also available in Jefferson Parish.
Please contact us with the address of the location that you are interested in. Also provide your contact information and proposed business use, so that we may reply appropriately. We will respond within one business day. Send emails to firstname.lastname@example.org or phone our offices, weekdays, between 8 AM and 4:30 PM CST, at (504) 586-1166. Price quotes may be obtained by phone.
For all other inquiries, not related to leasing, please contact us electronically at email@example.com or call the office during business hours, at (504)586-1166.
LEASING FROM PMG
Leases are triple net, thus rent is paid with the tenant’s share of property expenses, which are reimbursed on a monthly basis, along with rent. These expenses are real estate taxes, common area maintenance, and insurance.
Minimum leasing requirements are as follows:
- High credit score
- Personal guarantee
- One month security deposit
- 1-year minimum lease term.
Depending on the location, additional requirements may apply. The business use is also a determining factor.
Leasing appointments are during business hours, except in the case of special arrangements. We frequently use outside real estate agents to show our properties. If this is the case, an introduction will be provided.
VALERIE BESTHOFF, SENIOR VICE PRESIDENT, LEASING
Valerie holds a degree from Tulane University, and is an active member of Commercial Real Estate Women, New Orleans chapter. She obtained the designation, Certified Shopping Center Manager, from the International Council of Shopping Centers. Valerie worked in the Real Estate Dept. at K&B drugstores for many years, prior to K&B’s sale to Rite Aid, in 1997.
JANE STEINER, VICE PRESIDENT, LEASING
Jane holds a degree from Vanderbilt University and a Master’s from Columbia University.
Jane has worked at PMG since the firm’s inception, in 1997.
SCOTT DESSENS, CHIEF FINANCIAL OFFICER
Scott is a graduate of Louisiana State University, and holds both the CPA and CGMA designations from the American Institute of CPAs. With over 30 years of business experience, he has held previous financial leadership roles as Chief Accounting Officer, Corporate Controller, Accounting Director and Internal Audit Director in the retail and manufacturing industries, as Senior Manager at a Big 4 accounting firm, and as Associate Dean for Finance & Administration in Academia. He has held the positions of President and Treasurer, and continues to actively serve, on local not for profit and charitable organization Boards in the Greater New Orleans area.
BRIAN FAUST, LEASING ASSOCIATE
Brian graduated from The University of California, Santa Cruz with a B.A. in Business Management Economics. He is experienced in residential and commercial leasing, as well as accounting and finance. Brian is a member of the International Council of Shopping Centers, and is licensed by the Louisiana Real Estate Commission.
JOANNE HUGHES, DIRECTOR OF PROPERTY MANAGEMENT
Joanne handles some leasing and all property management functions. Joanne attended Alford State College and has over 15 years experience in property management and commercial leasing.