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

AT PM REALTY GROUP:
Jim Proehl
SVP/Director
Western Division
(949) 794-171

AT THE FINANCIAL RELATIONS BOARD:
Todd Andrlik
Media Contact
(312) 274-2246

John Corey
General Information
(312) 640-6797

FOR IMMEDIATE RELEASE
Nov 13, 2000

PM REALTY GROUP EXPANDS RELATIONSHIP WITH THE BAYVIEW TRUST TO INCLUDE LEASING FOR 100 BAYVIEW IN NEWPORT BEACH

Newport Beach, CA - PM Realty Group, one of the nation’s leading full-service commercial real estate firms, today announced that it has expanded its property management and construction management roles with The Bayview Trust to include the leasing assignment for the 310,000-square-foot 100 Bayview. PM Realty Group has managed the building since 1993 and plans to take a highly focused approach to improve occupancy.

100 Bayview, located at 100 Bayview Circle, consists of two six-story Class A office towers in Newport Beach. The property houses such major tenants as Hewitt Associates, McCarthy Construction and LA Fitness.

PM Realty Group’s Los Angeles-based team will be directed by Jim Proehl, senior vice president and director of PM Realty Group’s Western Division, and led by Chris Strickfaden, senior vice president, leasing-Southern California, and David Girty, director of leasing-Orange County.

“The expansion of our relationship with The Bayview Trust validates our strong leasing and management capability in addition to our record performance in Southern California,” said Proehl. “We have been working closely with Hewitt Associates for many years, and we are attuned to their high standards and commitment to running their properties in a first-class and cost-efficient manner. We look forward to our expanded relationship.”

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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