Menu icon

VER, Production Resource Group, LLC (PRG)

AdobeStock 309752475
Real Estate

Following its acquisition of VER, Production Resource Group, L.L.C. (PRG), a global provider of entertainment and event technology, hired Hilco Real Estate to reposition its real estate portfolio, including the disposition of some redundant/non-core assets. The Hilco team negotiated lease restructures/dispositions on numerous office and industrial leases, generating millions in savings.  In addition, Hilco successfully terminated PRG’s New York office lease at a significant savings for the client. Hilco also provided tenant representation services which consisted of securing new leases at nine warehouse/distribution locations across the country, comprising over 600,000 SF of space.

Let’s connect and work together

If your business or a business in your portfolio is facing a current challenge, our team can provide a qualified perspective and experience-based guidance toward an optimized resolution.
Contact us