PM Realty Group
910 Travis, Suite 1000
Houston, Texas 77002

AT PM REALTY GROUP:
Bill Goeke
SVP/Director
Southeast Division
(713) 209-5805

AT THE FINANCIAL RELATIONS BOARD:
Greg Farley
Media Contact
312-640-6778

John Corey
General Information
312-640-6797

FOR IMMEDIATE RELEASE
Jan 4, 2000

PM REALTY GROUP NEGOTIATES 53,000-SQUARE-FOOT LEASE AT 12808 WEST AIRPORT IN HOUSTON

HOUSTON, TX - PM Realty Group, one of the nation's leading full service commercial real estate firms, today announced that it has successfully negotiated a 52,678-square-foot lease at 12808 West Airport in Houston on behalf of owner Koll Bren Realty Advisors. The space was leased to ABB Automation, a division of ABB International, a global technology and engineering firm.

Doug Little, vice president and director of leasing for PM Realty Group, represented Koll Bren in the transaction. The tenant was represented by Mark Nichols and Mike Boehler of the Staubach Company.

12808 West Airport is a two-building, Class A office complex totaling 151,471 square-feet of space in the Sugarland submarket of Houston. The building was vacant prior to this lease. PM Realty Group currently is working with several prospective tenants to lease the remaining space.

About PM Realty Group

PM Realty Group is a privately-held real estate service organization with more than 1,300 employees and 20 divisional and regional offices. Based in Houston, Texas, the company traces its roots back to 1954. PM Realty Group today conducts business in nearly every state, providing comprehensive real estate services to institutions, investors, corporations, real estate investment trusts, government agencies and healthcare providers.

PM Realty Group offers clients the full spectrum of real estate services, including property and facility management, leasing and marketing, corporate services, investment services, construction management, asset management and development, engineering services, portfolio administration, disposition and acquisition, consulting and due diligence and healthcare services.

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