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:
Janika Kuntz
Media Contact
312-640-6766

John Corey
General Information
312-640-6797

Contract Brings PM Realty Group's Atlanta Portfolio
To More Than 870,000 Square Feet

Atlanta - PM Realty Group today announced that PHL-OPCO, L.P. has awarded the firm with the exclusive property management and leasing assignment for an office and retail portfolio in Atlanta totaling 451,655 square feet.

The portfolio consists of the following properties:

• Northridge Center I and II is an office complex comprised of 187,773 square feet of space and currently is 100 percent occupied. Located at 365 and 375 Northridge Road, the building's major tenants include Amoco Oil, Allstate Insurance, Bay Networks and GNB Technologies.
  
• 1401 Peachtree is an office building comprised of 85,089 square feet of space and currently is 92 percent occupied. Major tenants include Glass, McCullough and Sherrill, and Crowne Office Suites.
  
• Peachtree Parkway Plaza is a 95,509 square-foot shopping center located at 5470 Peachtree Parkway in Norcross. Currently 92 percent occupied, major tenants include Winn Dixie and Eckerd Drugs.
  
• Mountain East Shopping Center is an 83,284 square-foot shopping center located at 5295 U.S. Highway 78 in Stone Mountain. Currently 85 percent occupied, major tenants include Kroger, Allstate Insurance and TCBY.

PM Realty Group's management and leasing team will be led by Bill Goeke, Senior Vice President/Director of the Southeast Region. Steve Beverly, Regional Vice President; Patricia Harris, Assistant Vice President; and Joyce Alverson, Manager of Retail Leasing, will assist Goeke.

"Our primary objective is to strategically position these properties in the Atlanta market and to provide the highest quality service levels while operating the buildings in the most cost-effective manner possible," said Goeke.

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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