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:
Todd Andrlik
Media Contact
(312) 274-2826

John Corey
General Information
(312) 640-6797

FOR IMMEDIATE RELEASE
Feb 7, 2001

TATUNG LEASES 162,911-SQUARE-FOOT OFFICE/WAREHOUSE BUILDING AT 27 SPUR DRIVE IN EL PASO

El Paso, TX - PM Realty Group, one of the nation’s leading full-service commercial real estate firms, today announced that Tatung Company has signed a 162,911-square-foot lease for the entire building at 27 Spur Drive in the Butterfield Trail Industrial Park.

The transaction constitutes the largest single-tenant lease completed at the park in 2000. This building is owned by Lincoln National Life Insurance and is leased and managed by PM Realty Group.

Liz O'Brien, property manager and leasing agent at PM Realty Group, represented ownership in this lease. Keller Williams and Juan Uribe represented Tatung Company. Tatung is Taiwan’s number one manufacturer of electronics, home appliances and industrial equipment.

“El Paso continues to be an important market for large industrial businesses,” said Bill Goeke, senior vice president and director of the Central Division of PM Realty Group. “Tatung was attracted to this building by its efficient layout and proximity to the El Paso airport.”

PM Realty Group currently manages a 2 million square-foot portfolio in El Paso and provides leasing services on 1.5 million square feet. The firm’s major clients in El Paso also include Chase Bank Texas, TIAA and Columbia HCA.

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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