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

AT PM REALTY GROUP:
Jim Proehl
SVP/Director
Western Division
949-794-1716

AT WEBER SHANDWICK:
Laurel Krome
Media Contact
312-988-2044

Craig Bloomfield
General Information
312-640-6720

FOR IMMEDIATE RELEASE
Sep 12, 2003

24 HOUR FITNESS LEASES 21,500 SQUARE FEET
AT AIRPORT CENTER IN L.A.

PM Realty Group Represents Ownership in Los Angeles in LAX Market Lease

Los Angeles – PM Realty Group, one of the nation’s leading full-service commercial real estate firms, today announced that 24 Hour Fitness has leased 21,500-square-feet at 5959 West Century Boulevard at Airport Center, a 220,000-square-foot building in the LAX submarket.

The lease transaction was negotiated by Chris Strickfaden, Senior Vice President of the Western Division at PM Realty Group. Bryan Norcott of Colliers Seeley and Steve Solomon of Insignia/ESG represented 24 Hour Fitness.

24 Hour Fitness is the world's largest privately owned and operated fitness center chain. The company now boasts more than 2.7 million members and over 300 clubs.

The property also houses the Airport Center LAX Airport Parking Garage, and is adjacent to the Crowne Plaza Hotel.

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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