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Loan Extended on Former DBSI Property

noemail@peii.net — Fri, 17 Jul 2009 18:00:00 GMT

Principle Equity is pleased to report the successful loan modification of a former DBSI property. The loan was due to mature on 6/30/09; however, the asset management team negotiated with the lender (Bank of Oklahoma) for an extension of 3 years, which saved the property from going into foreclosure.

Principle Equity Awarded Asset Management of 5 Properties

noemail@peii.net — Sun, 01 Feb 2009 20:00:00 GMT

Principle Equity won the asset management services of five former DSBI properties on February 1, 2009. DBSI was involved in a Chapter 11 bankruptcy and rejection of all master leased properties within its tenant-in-common program.

Principle Equity Purchases Atrium Towers

noemail@peii.net — Thu, 30 Oct 2008 21:45:00 GMT

Principle Equity is please to announce the acquisition of Atrium Towers at Lake Hefner on October 30, 2008. The property is a multi-tenant, Class B office product totaling 152,861 SqFt located in the Northwest submarket of Oklahoma City.

Principle Equity relocates!

noemail@peii.net — Mon, 11 Aug 2008 22:00:00 GMT

Principle Equity has relocated its office to:

10777 NW Freeway, Suite 850
Houston, TX 77092

All correspondence should be redirected accordingly. The primary office phone number continues to be (281) 847-9955.

Westgate Commons Portfolio Closes

noemail@peii.net — Thu, 10 Jul 2008 20:00:00 GMT

July marks a fantastic month with the closing of Westgate Commons Portfolio located in the Cool Springs submarket of the Nashville MSA. The portfolio includes two separate multi-tenant office buildings with a combined net rentable area of 52,495 square feet. Principle Equity and its investors bought the property with financing by Prudential Insurance Company of America.

Principle Equity Opportunity Fund, LLC Acquires Parker Court

noemail@peii.net — Tue, 15 Apr 2008 22:00:00 GMT

On April 15, 2008, Principle Equity Opportunity Fund, LLC acquired Parker Court, a 89.53% leased, nine-building, business service and distribution (flex) park containing 243,096 square feet. The purchase price of the property was $1,425,000 below the appraised value and presents a great value-add opportunity.

This well built and beautifully landscaped park is situated on approximately 16.5 acres in the northeast suburbs of metropolitan Atlanta, providing local and regional access via the Stone Mountain Highway (US 78) and I-285. US 78 is considered one of the major east-west traffic arteries of metro Atlanta and the immediate area is consider the most predominate business center in South Gwinnett County.

Principle Equity Acquires a $34 Million Office Portfolio in Bedford, Texas

noemail@peii.net — Thu, 28 Sep 2006 22:00:00 GMT

On September 28, 2006, Principle Equity acquired an office portfolio comprising 251,168 square feet near the DFW Airport.

Constructed in 2000 and 2001, 121 Airport Centre I & II are complementary, two story office structures. 2208 Airport Freeway (Phase I) contains 137,078 square feet and 2200 Airport Freeway (Phase II) contains 114,090 square feet. Both buildings feature rectangular, domino shaped floor plates divisible into smaller "pods" that are separated by a central building corridor.

An inviting outdoor courtyard shaded by mature live oak trees sits independently between the two buildings and effectively unites the two structures into one complex. Surface parking serves the entire complex at a generous 6:1,000 rsf ratio. All access points to both buildings are handsomely clad with brick pavers enhancing the projects overall appearance and quality.

One Summit Plaza sold for $13.4 million

noemail@peii.net — Tue, 08 Aug 2006 17:00:00 GMT

By ROBERT EVATT World Staff Writer
8/8/2006

One Summit Plaza, an eight-story Tulsa office building, has been purchased by a Houston real estate investment firm for $13.4 million.

Principal Equity Management bought the building at 5727 S. Lewis Ave. from One Summit Plaza Oklahoma LLC of Newport, Calif.

Brendan Hooie, due diligence officer for Principal Equity Management, said the company was impressed by both the building and the city.

"It was the right property at the right time," he said. "We think Tulsa's rebounding, so we believe in the market."

The purchase is the organization's first in Tulsa, he said. Its portfolio now includes four office buildings and two retail centers across the nation.

Hooie said the building's new anchor tenant was also a factor for the purchase.

"The great thing about this building is that Bank of Oklahoma just signed a 10-year lease," he said. "They'll be a premiere tenant."

BOk plans to open a 3,500 square-foot branch with a drive-through window by early next year, Hooie said.

The company has also rented the top floor for its private financial services, which provides private banking, brokerage and investment management services to high-net-worth individuals. Hooie said BOK's total space in the building will be 19,391 square feet.

Including BOk, One Summit Plaza is 89 percent occupied. Other tenants include World Travel Service and U.S. Rep. John Sullivan, R-Okla.

"It's got a good mix of companies," Hooie said.

The building will now by managed by Principle Equity Management LP.

Mary Martin of CB Richard Ellis/Oklahoma and Daniel N. Vittone of Voit Commercial Brokerage of Irvine, Calif., co-brokered the sale.

Former Service Merchandise HQ Sold Again

noemail@peii.net — Fri, 09 Jun 2006 17:15:00 GMT

The former headquarters building for Service Merchandise has changed hands twice in recent weeks. The Cool Springs Commons building, located at 7100 Commerce Way in Brentwood, was sold by Kirkland Properties LLC in April for $40.3 million to Principle Equity Management, a privately owned real estate investment company based in Houston. This month, the building was sold again as PEM completed a tenant-in-common, or TIC, transaction in which it was transferred to 35 investors. The new sale price was $46.4 million. In a TIC sale, investors with limited funds can buy shares in a single large property, rather than buying a less-expensive property outright. The mechanism is useful in transactions known as 1031 exchanges, in which investors sell a property and can defer capital gains taxes by purchasing a replacement property - such as shares in the Cool Springs building. Principle Equity, the Houston company, specializes in sponsoring such transactions, by identifying suitable...

Guiding Principle

noemail@peii.net — Fri, 09 Sep 2005 17:00:00 GMT

By the time Randy and Michael McQuay finished grade school, their father owned six homes as real estate investments. In junior high, Randy McQuay often talked to school chums about having his own real estate company. The McQuays business destiny was apparently already in their genes. Although their brotherly relationship was sometimes rocky, the McQuays tossed those differences aside and are now partners in a burgeoning commercial real estate venture. While their father dipped his toes into the real estate investment waters, his sons are swimming laps in an Olympic-size pool. The owners of Principle Equity Investments Inc., Kalee Investments and Principle Equity Management -- the newest addition to their mini-empire -- are scrambling to add management staff, jockeying deals around the country and adding desks to every nook and cranny in their corner of a low-rise office tower. Sitting down in the company boardroom on a Friday afternoon after just returning from a trip to Boston to...

Thu, 18 Feb 2010 00:13:30 GMT

COMPANY PROFILE

Principle Equity is a full-service real estate investment and asset management company with a portfolio consisting of over $400 million of tenant-in-common real estate. Its purpose is to form strategic alliances with the best local property management and leasing brokerage companies to re-strategize tenant-in-common investments to maximize capital preservation and profit potential.

Principle Equity has seasoned real estate professionals with extensive tactical real estate experience gained as a manager and owner of tenant-in-common investments. We, therefore, have the background, knowledge and resources to capitalize on a range of options generally not offered or available through traditional real estate brokers and property management companies. Through effective operational assessment, capital improvement management, and expense analysis, Principle Equity adds value.

PEII Home Page

Thu, 18 Feb 2010 00:13:08 GMT

Mon, 14 Sep 2009 21:35:02 GMT

We pride ourselves with solid business plans that achieve results. Michael McQuay CEO of Principle Equity CLIENT TESTIMONIALS I require the best possible management for my properties. In these difficult times, I need more. I demand a company where the principles of the management company are hands on and accessible, that is when you obtain extraordinary results. Faced with a sudden big box vacancy at a retail center resulting from a tenant bankruptcy, Principle Equity dove into the situation and very quickly procured a replacement tenant. They expertly negotiated with existing tenants (co-tenancy clauses), tenant improvements, signage, etc. Principle Equity provided an all-inclusive solution to a horrendous problem. Simply put, they are the right real estate company for the job. Jeff Corwin CEO of Corporate Property Management Client ...

Managed Portfolio

Fri, 11 Sep 2009 20:27:21 GMT

**Side Navigation

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Tue, 08 Sep 2009 14:12:16 GMT

INVESTOR SERVICES

Beyond providing asset management services, Principle Equity develops investments in real estate via tenant-in-common and Delaware Statutory Trust (DST) structures. Our operations strategy is to find properties in strong markets with decreasing vacancy and forward moving rental rates, which pay cash distributions and offer appreciable value. We concentrate on a wide range of property types including multifamily, office, retail and industrial.

We utilize an exhaustive approach to underwriting every deal, which includes a forensic analysis of market conditions, an extensive examination of the property’s past economic performance, and the property’s future cash flow potential.

Please contact Gloria Rios, Director of Investor Relations, at 1-877-847-9955 or at grios@peii.net with any questions concerning our closed offerings.

Fri, 04 Sep 2009 22:51:06 GMT

ASSET MANAGEMENT

Local property management needs oversight to ensure operating strategies are being correctly implemented to achieve results. Owners cannot depend on independent advice at both the property and investment levels by the same company. Therefore, investors with passive investments need a qualified third party to execute their business plan. We treat each asset as an independent business, and working with owners we develop leasing strategies, cost reduction strategies, tenant relation and tenant retention strategies that are combined into one cohesive business plan and presented to owners for their review, comment and approval.

As your asset manager we will provide in-depth research, operational know-how, financial acumen, and investor relations that normal property managers cannot offer. Furthermore, we have a full-understanding and experience of complicated investment and capital structures, like tenants-in-common.

Principle Equity currently manages over 3 million square feet of real estate throughout the U.S.

Fri, 04 Sep 2009 22:11:12 GMT

EXECUTIVE TEAM Michael McQuay Chief Executive Officer Michael McQuay formed Principle Equity Investments, Inc. in 1997 doing business as a real estate investment company based in Houston, Texas. Its portfolio included retail, self storage and multi-family properties. In 2004, Michael McQuay along with his brother Randy McQuay formed Principle Equity Management to launch the firm as a sponsor in the tenant in common market. Mr. McQuay has over 20 years experience acquiring, managing, developing and renovating over $400 million in commercial properties. His experience includes: negotiating acquisition and disposition of properties, feasibility analysis of development and construction projects, permitting, subdividing land, mitigating insurance claims, commercial casualty rehabilitation, loan negotiation and project management. Email: mmcquay@peii.net Phone: (713) 337-8920 ...

Fri, 04 Sep 2009 22:10:20 GMT

CLIENT COMMITMENT Principle Equity has set high standards for integrity and commitment. Your business with us is more than asset management. It’s about sharing your trust and building a relationship. · We will help you understand your investment choices. · We will set realistic expectations about the long-term performance and associated risks of those choices. · We will be available for regular conversations with you about the status of your investment and changes in your personal profile. · We will provide timely financial information that accurately reflects the performance of the property and your investment interest. · We will disseminate market data for your property area with each quarterly statement to inform you about the local activity. · We will hold semi-annual conference calls to discuss general property issues. · We will regularly communicate leasing reports for all proposed new and...

Fri, 04 Sep 2009 17:39:47 GMT

ASSESSING THE SITUATION & PROVIDING SOLUTIONS Principle Equity focuses on the development of strategic platforms and processes, enabling clients to make highly informed real estate decisions, reduce costs, create value and improve performance. Our goal is to ensure that real estate strategies are fully aligned with our client’s objectives. SERVICES AND RANGE OF SOLUTIONS INCLUDE: · Acquisition Due Diligence · Asset or Portfolio Valuation · Budgeting & Business Plan · Collateral & Document Administration · Default Management · Disposition Strategies/Sale Administration · Expert Testimony · Financing Negotiation & Placement · Foreclosure Administration · Property Management Oversight · Investor Reporting · Lease Negotiations & Approval · ...

Lorem ipsum survey

noemail@peii.net — Thu, 30 Aug 2007 20:49:07 GMT

Objectives:

Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diem nonummynibh euismod tincidunt ut lacreet dolore magna aliguam erat volutpat. Ut wisis enim ad minim veniam, quis nostrud exerci tution ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat. Duis te feugifacilisi.

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Ut wisi enim ad minim veniam, quis nostrud exerci taion ullamcorper suscipit lobortis nisl ut aliquip ex en commodo consequat. Duis te feugifacilisi per suscipit lobortis nisl ut aliquip ex en commodo consequat.Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diem nonummy nibh euismod tincidunt ut lacreet dolore magna aliguam erat volutpat.

Ut wisis enim ad minim veniam, quis nostrud exerci

Release Date: 30-Aug-07 3:49 PM
Expiration Date: 30-Nov-07 3:49 PM

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Exterior Photo

Wed, 17 Mar 2010 04:06:15 GMT

Exterior Photo

Make Ready 1

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Example of make ready suite with hardwood floor.

Example Suite 3

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Example of tenant suite.

Example Suite 2

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Example of tenant suite.

Example Office Suite

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Example Office Suite

Lobby 2

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Exterior 2

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Exterior 3

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Lobby 1

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File uploaded by Brendan Hooie.

Exterior 1

Wed, 17 Mar 2010 04:06:15 GMT

Lorem ipsum

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Instructor: Instructor

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