About Us

Targa Real Estate Services, Inc. offers 30 years of expertise to its residents, investors, and employees. With the latest industry insight paired with a solid foundation, we’re equipped to take your assets to the next level.

Our Story

The Experts in Washington Property Management

Since 1987, Targa Real Estate services has provided comprehensive Washington Property Management to a diverse range of both international and domestic clients. Covering everything from property management, real estate investment consultations, to receivership, to accounting, our services are all-inclusive. Our extensive knowledge combined with drive, dedication, and loyalty to our clients has positioned us as a leader in our industry and a go-to for property management services for over three decades.

With company headquarters strategically located in the Seattle-Tacoma region, we are able to respond to clients’ needs, protect assets, and maximize the return on your investment. No matter the size of your property, we take great care to listen, understand, and respond to your needs with efficiency and integrity every step of the way.

Our approach is characterized by quality and reliability, and we view each of our clients as individuals with unique concerns and goals. It is our mission to deliver expert knowledge and assistance with personalized care for each and every property in our portfolio. Join us at Targa today and watch your investment grow.

Integrity, Dedication and Perseverance

Founded on integrity, dedication and perseverance, Targa Real Estate Services monitors, listens, and responds to each client's main objective: to protect the asset and maximize the return on the investment. What positions Targa Real Estate Services ahead of the competition is our attitude and the manner in which we conduct business and treat our clients. Targa Real Estate Services views all clients as individuals regardless of size of the investment or the objective. Special attention of this degree is unique in our industry.

Quality, Stability and Reliability 

Quality, stability and reliability are words synonymous with professionals providing exceptional services. Not only does Targa Real Estate Services epitomize this level of professionalism, we continually set the standard by which it is measured. Targa Real Estate Services believes clients are entitled to efficiency and economy, and to that end, we deliver.

Our Mission is to instill Integrity & Excellence In everything we do

Meet the Team

  • Thomas M. Petramalo
    Owner
    Thomas M. Petramalo
    Owner

    TARGA REAL ESTATE SERVICES, INC., a corporation licensed to do business in Washington State and Arizona State, was established in 1987. The owner and sole stockholder is Thomas M. Petramalo, CPM (Certified Property Manager), CCIM (Certified Commercial Investment Member). After receiving both a marketing and finance degree from Pacific Lutheran University, Tom spent two years in New York working in a development company. Moving back to the Seattle area, he spent the next five years working for a large regional property management company in Tacoma. During that time, he was responsible for lease-ups for many of the area’s largest real estate builders. An opportunity to expand his career came from a national syndicate where Tom spent the next four years leasing up and managing projects acquired at Epic Realty. There he became Vice President in charge of the newly-established fee management division - an operation that grew to be one of the largest in the country. In 1987, an entrepreneurial desire propelled Tom into his own business venture known as TARGA REAL ESTATE SERVICES, INC.

    Thomas M. Petramalo holds the designation of CCIM. Only six percent of the estimated 125,000 commercial real estate practitioners nationwide hold the CCIM designation, which reflects not only the caliber of the program but also why it is one of the most coveted and respected designations in the industry. The CCIM membership network mirrors the increasingly-changing nature of the industry and includes brokers, leasing professionals, investment counselors, asset managers, appraisers, corporate real estate executives, property managers, developers, institutional investors, commercial lenders, attorneys, bankers, and other allied professionals. Through this business network and through enhanced communication with the CCIM electronic network, CCIMs successfully complete approximately 156,000 transactions annually, representing more than $400 billion.

  • Michael Petramalo
    President
    Michael Petramalo
    President

    Michael is the President for Targa Real Estate Services, Inc and is responsible for the oversight of Targa. Michael received his formal education from Pacific Lutheran University where he obtained a BA in Business with a marketing concentration and finance minor. As important as his formal education was, it is the many years of tutelage from his father that has given him the hands-on training to be one of the best Executives in the area. This has afforded him the opportunity to manage investments for many of Targa Real Estate Services’ largest clients. With a current management portfolio totaling well over $250 million Michael has the experience to manage many different types of multi-family assets. Michael has been responsible for the management of Class A assets as well as the rehab and lease up of bank owned/distressed properties. This versatility is necessary in multi-family management. Michael holds certifications from the Washington State Housing Finance Commission for Low Income Housing Tax Credit Properties; and is also involved in Crime Free Housing Programs with many cities in both King and Pierce County.

    Michael’s responsibilities extend beyond managing properties. Since Michael has been employed with Targa Real Estate Services, Inc. he has led the charge in keeping Targa on the cutting edge of technology. Overseeing Targa Real Estate Services “Information Technology (IT)” department has allowed him to work with a national software provider, customizing on-site software that gives investors access to information 24 hours a day and increases on-site staff efficiency levels. Michael is responsible for the implementation and training of said on-site software at each asset that Targa manages.

    Michael’s skill set is an integral part of Targa Real Estate Services, Inc. and is a benefit to every client that Targa Real Estate Services, Inc. works for.

  • Pam Langel
    Controller
    Pam Langel
    Controller

    Pam has served as controller for Targa Real Estate Services, Inc. for over 30 years. She is in charge of the bookkeeping department at our corporate office and oversees all internal accounting operations for each of our bookkeepers. She supervises our corporate office staff, establishes and maintains accounting systems, sets up corporate goals and strategies. Pam's responsibilities include maintenance of all trust accounts, (over 200 separate accounts), development of statement formats, direct bank transfers (volume $6 million per month), processing of payroll for over 100 employees, and completion of tax reports.

  • Bud Pryor
    Director of Property Management
    Bud Pryor
    Director of Property Management

    Bud is the “Apartment Guy” at Targa Real Estate Services, Inc. – overseeing our 60+ apartment communities with the help of a talented and well-trained team of regional managers and on-site property managers throughout the Puget Sound Area and beyond. After attending college in Western Washington, Bud spent the next twenty years in the hospitality business as both a regional operations manager and franchise consultant, often working closely with the corporate site-selection and product-procurement teams.

    Today, Bud brings his talent for personnel selection and team building to Targa with well over ten years of apartment specific experience. Along with “on-the job training” where veteran managers and maintenance staff members are often paired up with new employees, his team utilizes a nationally recognized on-line training program that is accessible for both initial training and continuing education.

    Bud is instrumental in developing and implementing operating policies in the property management division, making sure that the practices best serve our clients’ assets. He serves as the main conduit between our staff members and our well-vetted team of vendors. Bud and his team never take for granted that they are trusted with the financial well-being of client assets and work hard to tailor their every act to the needs of each individual building.

  • Tommy Petramalo
    Director of Commercial Management
    Tommy Petramalo
    Director of Commercial Management

    Tommy is the Director of Commercial Management for Targa Real Estate Services. Following in his father and brother’s footsteps Tommy received a Business Finance Degree from Pacific Lutheran University. Throughout his college years Tommy jumped into the family business immersing himself in all aspects and services Targa offered. Managing homeowners associations, apartments, and overseeing the maintenance side of Targa, Tommy took the time to hone his craft. This jack of all trades’ mentality has served him well in the years since.
    Seeking to fuel his passion for real estate Tommy pursued and obtained his CPM (Certified Property Manager) designation from the Institute of Real Estate Management. This designation has enabled him to better serve his clients, and stay on the forefront of commercial management leading practices.

    Tommy’s current management portfolio stretches over 500,000 square feet and covers Class A buildings, warehouses, retail facilities and office suites. While Tommy’s technical training and 15 plus years of experience are undoubtedly an asset, it is his ability to develop and foster relationships that is his strongest trait. His capacity for problem solving and managing tenant relations ensures that his clients, some of whom are spread throughout the country, know their asset is managed with expertise and diligence. Tommy approaches every building as if it was his own, consistently seeking to ensure that his clients investments are secure and protected in an ever changing environment.
    Outside of work Tommy is passionate about animal welfare, sitting on the board of a local non-profit, People for Animal Care and Kindness. When not working Tommy can be found fly fishing, hiking, or generally enjoying the outdoors with his wife and their beagle; Jack.

  • Peggy Kellogg
    Director of Residential Services
    Peggy Kellogg
    Director of Residential Services

    Biography coming soon

  • Krista Scott
    Accounts Payable Manager
    Krista Scott
    Accounts Payable Manager

    Biography coming soon

  • Liz Kelly
    Accounting Manager
    Liz Kelly
    Accounting Manager

    Biography coming soon

  • Janis Pickett
    Accounting Manager
    Janis Pickett
    Accounting Manager

    Biography coming soon

Client Services

Comprehensive Washington Property Management

At Targa Washington Property Management, we offer a complete set of services designed to assist you every step of the way. From the beginning of our partnership, we provide you with extensive consultations and an evaluation of your assets, along with income and expense forecasts that take into account historical analysis and data.

 

We help you manage properties of all kinds, including Market Rate Apartment Communities, Self-Storage Facilities, Commercial/Office Space, Condo Associations, and HOA’s among others. Before you make your first move, our consultation team will assist by evaluating and analyzing investment opportunities. Once you make your move, our account management services help you to plan and track your income with customized financial packages along with annual and monthly performance tracking. Along the way, our maintenance and capital improvement teams ensure highly skilled, cost-effective construction and repair.

Allow Targa Investor Relations to assist you in each step of your endeavor.

Product Types:

  •         Conventional
  •         Affordable Living
  •         Mixed-Use
  •         Senior Living
  •         Single-family Home
  •         Association, Condo, HOA
  •         Commercial
  •         Self-Storage