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

AT PM REALTY GROUP:
Bill Goeke
SVP/Director
Central Division
(713) 209-5805

AT WEBER SHANDWICK:
Mary Clare Rankin
Media Contact
312-640-6661

Craig Bloomfield
General Information
312-640-6720

FOR IMMEDIATE RELEASE
Feb 14, 2002

PM REALTY GROUP AWARDED EXCLUSIVE PROPERTY MANAGEMENT AND LEASING ASSIGNMENT FOR 8500 SHOAL CREEK BOULEVARD

Austin - PM Realty Group, one of the nation’s leading full service commercial real estate firms, today announced that it has been awarded the exclusive property management and leasing assignment for 8500 Shoal Creek Boulevard, totaling 98,815 square feet of space by owner representative Lennar Partners.

Located approximately 4 miles from downtown Austin, 8500 Shoal Creek Boulevard formerly housed Radian Corporation’s headquarters but currently stands vacant. PM Realty Group will assist Lennar Partners in the property’s strategic repositioning.

Terry Kennon, Vice President Regional Manager, oversees the 8500 Shoal Creek Boulevard property management and leasing team. The team also has ongoing national support from Bill Goeke, Senior Vice President and Director of PM Realty Group’s Central Division.

“We look forward to assisting Lennar Partners in its goal to realize the full potential of this well-located property,” said Goeke. “We are confident that our disciplined approach to property management and leasing will be valuable to Lennar partners in achieving its goal.”

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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