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

AT PM REALTY GROUP:
Scott Kuklish
SVP/Director
415-288-9550

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

Craig Bloomfield
General Information
312-640-6720

FOR IMMEDIATE RELEASE
Oct 27, 2003

PM REALTY GROUP SELECTED AS EXCLUSIVE LISTING AGENT FOR GENTRY BUSINESS PARK IN HONOLULU

Honolulu, HI – PM Realty Group, a national real estate firm with one of Hawaii’s largest commercial leasing and property management portfolios, today announced that it has been chosen to represent Gentry Properties in the sale of industrial and commercial land for development of facilities at Gentry Business Park, one of Honolulu’s top business parks.

Located in Central Oahu off of the H-2 Freeway at Ka Uka Blvd, Gentry Business Park consists of 122 acres, of which 101 acres have been sold. The park is home to many companies specializing in warehousing, distribution, restaurants, moving and storage. Current occupants of the park include Kaiser Foundation Health Plan, Costco, Tony Group Autoplex, Paradise Beverages, Better Brands, Golden State Foods, Zippy’s, McDonalds, Pearl Harbor Federal Credit Union, Nordic Construction, Albert C. Kobayashi and Hawaii Transfer. Plots ranging from 0.5 acre to 13 acres are available with underground utilities. The business park is a designated Enterprise Zone, offering economic advantages to qualified companies that locate there.

Skip Schuman in PM Realty Group’s Honolulu office leads the assignment to sell the remaining 21 acres at Gentry Business Park. Schuman recently joined PM Realty Group to head the firm’s industrial operations in Hawaii, complementing the firm’s growing presence in office, retail and other property types.

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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