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

AT PM REALTY GROUP:
John A. Murray
Senior Vice President
Investment Services
480-443-8000

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

John Corey
General Information
312-640-6797

LAGUNA HILLS, CA - On behalf of a Wall Street client, PM Realty Group Investment Services today announced that it has successfully negotiated the sale of Hillside Plaza office building to a private real estate investment company based in Irvine, CA. The purchase price for the transaction was $5,700,000.

John A. Murray, senior vice president and director of investments for PM Realty Group Investment Services' southwest division, was the sole broker in the transaction.

Built in 1988, Hillside Plaza is a 47,570-square-foot suburban office building and is currently 93 percent occupied. Located at 23161 Mill Creek Drive in Laguna Hills, CA, the building's major tenant is Statefarm Insurance. Hillside Plaza enjoys proximity to John Wayne Airport, as well as nearby business campuses including, Spectrum Office Park and Irvine Business Park.

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, 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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