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

AT PM REALTY GROUP:
Jim Proehl
Senior Vice President
949-794-1716
(713) 209-5805

AT WEBER SHANDWICK:
Craig Bloomfield
Media Contact
312-640-6720

John Corey
General Information
(312) 640-6797

FOR IMMEDIATE RELEASE
Aug 22, 2000

PM REALTY GROUP OPENS SACRAMENTO OFFICE TO SERVICE GROWING PORTFOLIO

Kuklish Appointed Senior V.P. to Head Operations in
Fast-growing Regional Transportation Hub

SACRAMENTO, Calif. - PM Realty Group, one of the country’s leading full-service commercial real estate firms, today announced the opening of a Sacramento office at Wells Fargo Tower, 400 Capital Mall, to better serve clients throughout Northern California and the Pacific Northwest. To head the new office, PM Realty Group has appointed R. Scott Kuklish to the position of senior vice president-Northwest Region.

As part of the Northwest Region, the Sacramento office provides operational support and business development resources to PM Realty Group offices in Honolulu, Denver, San Francisco and Seattle, and draws on the full range of expertise and resources of the national real estate services firm. Its commitment to the Sacramento market allows PM Realty Group to offer institutional-quality property services to local property owners, developers and corporations.

“We are pleased to extend our high quality service capabilities to clients in Sacramento, and with the appointment of Scott Kuklish, we are confident that the new office will meet our demanding standards of client service and satisfaction,” said James A. Proehl, senior vice president and director of the Western Division of PM Realty Group. “Scott’s experience as an entrepreneurial developer and property manager, along with his reputation and contacts in the Sacramento market, will ensure our success in the region.”

“Sacramento is rapidly becoming a top-tier market due to its attractive business climate and high quality of life,” Kuklish said. “We’re seeing a lot of companies moving here from San Francisco and Silicon Valley because Sacramento offers a relatively low cost of living, less traffic congestion, available land for development and a well-educated workforce. “These factors help explain why the region’s population is expected to double by 2010.”

“Establishing a local presence in Sacramento allows us to address the needs of clients in a market that is growing rapidly,” said Rick Kirk, president of PM Realty Group. “As clients become increasingly interested in Sacramento, we will be in a position to offer them the same high-quality service that they have come to expect from us across the country.”

About Scott Kuklish

Kuklish served as a principal in Sacramento-based KCS Properties, a commercial real estate development and management company, from 1986 to 1997, helping to grow the firm’s portfolio to 3.5 million square feet during that time. When KCS was sold to Prentiss Properties, a real estate investment trust, in 1997, Kuklish joined Prentiss as a regional director responsible for a 4.5 million-square-foot portfolio. He joined PM Realty Group in June 2000. Kuklish has been involved with the Building Owners & Managers Association (BOMA) as a leader for more than a decade, consistently serving on the board of directors or as president of BOMA Sacramento since 1989, and currently serving as vice chairman of the Medical Office Buildings Committee of BOMA International.

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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