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

AT PM REALTY GROUP:
John Dailey
SVP/Director
Investment Services
713-209-5718

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

John Corey
General Information
312-640-6797

FOR IMMEDIATE RELEASE
Jan 20, 2004

PRAEDIUM II SELLS 148,160-SQUARE-FOOT ONE DATA CENTER IN SAN ANTONIO TO AMERICAN PROPERTY GLOBAL

SAN ANTONIO – PM Realty Group, one of the nation’s leading full-service commercial real estate firms, today announced that Praedium II Loan Star LP has sold One Data Center to American Property Global Management Group for an undisclosed amount.

John Dailey, Senior Vice President and Director of Investment Services at PM Realty Group, represented the seller in the transaction, while Drew Hooker of American Property Company represented the buyer.

Located at 8415 Data Center Drive on the northwest side of San Antonio, One Data Center is a 10-story office building built in 1980. The building totals 148,160 square feet. Major tenants in the building include American Express Travel, Verizon Communications and the Hispanic Association of Colleges and Universities.

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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