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

AT PM REALTY GROUP:
Ray Owens
SVP/Director
Eastern Division
(404) 365-8007

AT WEBER SHANDWICK:
Glenn Eden
Media Contact
(312) 640-6693

Craig Bloomfield
General Information
(312) 640-6720

FOR IMMEDIATE RELEASE
Nov 2, 2001

TMW REAL ESTATE GROUP AWARDS PM REALTY GROUP
PROPERTY MANAGEMENT AND LEASING ASSIGNMENT
FOR NINE ATLANTA BUILDINGS

Assignmnet Extends Strong National Relationship
of Owner and Service Provider to Atlanta

ATLANTA - PM Realty Group, one of the nation’s leading full-service commercial real estate firms, today announced that TMW Real Estate Group has awarded the firm exclusive management and leasing assignments for nine properties totaling 1.5 million square feet in the Atlanta metropolitan area.

The majority of the TMW’s portfolio consists of Class A office buildings, with some service center, distribution and retail properties also included in the assignment. The portfolio entails three buildings in the Central Perimeter of Atlanta, one building each in Midtown and Buckhead, and four in other sub-markets.

Ray Owens, Senior Vice President and Director of PM Realty Group’s Eastern Division, leads the property management team. Bill Driver, Vice President of Operations, directs day-to-day operations with Mary Ellen Bockstahler appointed as Group Manager. Terry Plissey serves as Senior Chief Engineer. Candy McIntyre, Vice President, oversees the Atlanta leasing team.

“PM was awarded this assignment as a result of their excellent performance for us in other markets. In addition, PM’s primary focus is on third-party management and leasing services and we feel this offers our tenants and clients superior service in these critical disciplines, ” said Barry Howell, Senior Vice President at TMW.

"We are pleased at the opportunity to expand our strong relationship with TMW to the Atlanta metropolitan area, one of the nation's most dynamic real estate markets and a key focus for the growth of our company," Owens said.

The assignment from TMW closely follows another success for PM Realty Group in Atlanta. Recently, the firm was selected by Sumitomo Life Realty (N.Y.) Inc. as exclusive property manager of 1.1 million-square-foot Atlantic Center in Midtown Atlanta.

Buildings in the TMW Atlanta portfolio include: Ravinia II, 211 Perimeter, Perimeter Square West, The Peachtree, One Live Oak Center, Fed Ex Plaza, Oakbrook Place One, Wilson Way, and Antec.

About TMW Real Estate Group

TMW Real Estate Group is a 20-year old, Atlanta-based, investment advisory firm with a separate European-based operation headquartered in Munich, Germany, and satellite offices in Paris, Madrid, Milan and Zurich. The firm provides its clients with full-service acquisition and asset management services. Primary equity sources include German-based insurance companies, private banks and individual investors. TMW’s current portfolio includes more than 29 million square feet in 45 U.S. cities with a total portfolio value in excess of $4 billion.

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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