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

AT PM REALTY GROUP:
Rick Kirk
President
PM Realty Group
713-209-5800

AT WEBER SHANDWICK:
Kathryn Abney
Media Contact
312-640-6778

Craig Bloomfield
General Information
312-640-6720

FOR IMMEDIATE RELEASE
Aug 8, 2002

DAVID PARKER JOINS PM REALTY GROUP AS SENIOR VICE PRESIDENT AND DIRECTOR OF THE EASTERN DIVISION

Hiring of Top Real Estate Pro Prompts Move of Division
Headquarters to Washington, D.C.


WASHINGTON, D.C. - PM Realty Group, one of the nation’s largest independent full-service commercial real estate firms, today announced the appointment of David W. Parker as senior vice president and director of the Eastern Division. Parker has worked in the commercial real estate industry for 18 years and has experience in development, leasing, property management, finance and investment sales. Parker will direct leasing, property management and construction management operations throughout the division, overseeing offices in Atlanta, New York, Detroit, Washington, Orlando and Tampa.

With Parker's arrival, the Eastern Division office has been relocated from Atlanta to Washington, D.C., where Parker resides and where he sees an opportunity to increase PM Realty Group's presence. Atlanta remains a key market for the firm , as evidenced by the recent promotion of Steve Dils to senior vice president, as well as several other senior-level personnel appointments in recent months.

Before joining PM Realty Group, Parker served as senior vice president with Cassidy & Pinkard, Inc., a regional full-service real estate firm. There, he reopened the northern Virginia office, directing the firm’s efforts to expand its brokerage business in that market and worked with clients such as Hines Interests, Lend Lease and The World Bank. Parker also managed the Mid-Atlantic office at Prentiss Properties, overseeing 7 million square feet of properties located in Virginia, Washington, D.C., Maryland, and New Jersey.

Parker currently serves as vice chairman of the Loudoun County Economic Development Commission and president of the Dulles Area Transportation Association. He is on the board of directors of Hubert Construction and has served on various task forces and work groups at the Washington Board of Trade, NAIOP, Loudoun County and The Washington Committee.

“Having known and respected David for many years, we have every confidence that the Eastern Division will continue to thrive under his direction,” said Rick Kirk, President of PM Realty Group. “David knows how to provide service in a manner that produces loyal clients and enhances the PM Realty Group brand."

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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