Expanding Our Horizons

A Unique & Growing Portfolio

Driven by our same passion to expand markets, maximize opportunities and act as long-term stewards of phenomenal spaces and developments.

Vertical Diversification

With headquarters in New York and Los Angeles, PMC’s diversified real estate holdings span Office Buildings, Residential, Studio Space, Mixed-Use properties, and more. As owners and operators, PMC is uniquely positioned to efficiently manage these investments and understand the marketplace.

Office
Residential
Studio
Mixed-Use

Our Properties

Penske Media’s east coast headquarters is located at the corner of East 41st Street across from the iconic New York Public Library and Bryant Park.

475 Fifth Avenue is a 275,000-square-foot, 24-story office building located on Fifth Avenue and 41st Street in Midtown. Built in 1926 and renovated in 2013, 475 Fifth Avenue belongs to a small subset of properties with direct Bryant Park exposure offering permanently protected views of the New York Public Library and Bryant Park. Only steps to Grand Central, offering the ideal combination of amenities and accessibility

Highlights

Total Square Footage

275,000

Number of Floors

24 Floors

Constructed

1926

Leasing Contact

Paul Milunec

[email protected]

Ryan Silverman

[email protected]

Urban Mixed-Used Industrial

5111 Washington Blvd, Los Angeles, CA 90016

A hybrid workspace, event space and storage facility for PMC’s robust archive.

5119 West Washington is comprised of two buildings; a 2821 sq. ft. office building, and a 12,474 square foot warehouse and event space built on 22,652 square-feet of land. Centrally located between Culver City and West Adams, the space is easily reached via highways or public transportation.

Highlights

Total Square Footage

12,500

Land Use

Light Industrial

Renovated

2023

Contact

Archive Sales

[email protected]

The 707 acre jewel on the Exuma Island chain is the largest privately owned island in the Bahamas.

Torch Cay is a privately owned island located east of Little Exuma at the southernmost point of the Exuma island chain. The island is 707 acres, making it the largest private island in the Bahamas.  It is home to Torch Cay Airport, the only airport on a private island worldwide where you can land an ultra-long-range or heavy private jet.  Torch Cay is situated along an east-west axis, with ridged coastlines and vantage points for seascapes. Elevations are 55 ft. to the north of the island's airport runway, peaking at more than 60 ft. and 85 ft. at existing residential properties. Torch Cay claims the highest point of elevation in the Exuma Cays, with hilltops reaching a maximum elevation of 148 ft.

Highlights

Acreage

707

Miles of Shoreline

9

Flight Time From NYC

2h 15m

Contact

Located just minutes from downtown Nashville and the Nashville International Airport, 502 Thompson Lane is primed to take advantage of Nashville’s ripe rental market, growing business community and unprecedented population growth.

502 Thompson Lane is a 4.25 acre development property located in an Opportunity Zone in South Nashville. The property was originally zoned IWD for industrial uses, but was rezoned to a mixed-use MUG zoning that allows moderately high intensity residential. The new zoning will allow upwards of 450 apartment units to be built on the property.

Highlights

Site

4.25 Acres

Units

450+

Retail Sq. Footage

15,000

Inquiries

Rob Perschino
Senior Associate, Forstone Capital

[email protected]

We’d love to hear from you!