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

AT PM REALTY GROUP:
Duane Jones
Senior Vice President
Southwest Region
602-443-8000

AT THE FINANCIAL RELATIONS BOARD:
Janika Kuntz
Media Contact
312-640-6766

John Corey
General Information
312-640-6797

FOR IMMEDIATE RELEASE
Aug 24, 1999

PM REALTY GROUP INVESTMENT SERVICES NEGOTIATES 87,310-SQUARE-FOOT LEASE IN PUEBLO, COLORADO

New Tenant to Create 500 Jobs in Greater Pueblo and
Colorado Springs Markets

PUEBLO, CO - PM Realty Group Investment Services, the investment brokerage arm of PM Realty Group, today announced that it has negotiated a 87,310-square-foot lease in preparation for marketing the Pueblo Tech Five office building in Pueblo, CO, on behalf of its client Lockheed Martin Corporation. The space was leased to Atlanta, GA-based Innotrac Corporation, a fulfillment company traded on the NASDAQ exchange.

Duane Jones, Senior Vice President with PM Realty Group Investment Services, represented the owner. Scotland Wright of Insignia/ESG in Atlanta represented the tenant.

Located at #5 William White Boulevard, Pueblo Tech Five was the Old Loral headquarters, which was converted into an office and industrial building earlier this year. According to Jones, bringing Innotrac into the building will generate approximately 500 new jobs for the Pueblo community. The property is being readied to market for sale by Jones as an exclusive sales agent.

"We are delighted to work with PM Realty Group and equally thrilled with the tenants they have brought to the building," said Jim Spaccamonti, president of the Pueblo Economic Development Corporation. Bringing Innotrac to Pueblo will yield excellent jobs for our citizens and economic growth for the entire community."

About PM Realty Group Investment Services

PM Realty Group Investment Services specializes in the acquisition and disposition of office, industrial, multifamily and special-use portfolios nationwide, as well as underwriting and due diligence services for institutional clients.

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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