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

AT PM REALTY GROUP
Bernard Deaton
Executive Vice President/
Managing Director
Central Division
972-680-0106

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

FOR IMMEDIATE RELEASE
Mar 23, 2005

PM REALTY GROUP AWARDED LEASING ASSIGNMENT FOR 118,119-SQUARE-FOOT BANK OF AMERICA TOWER IN GRAND PRAIRIE

GRAND PRAIRIE, TX –- PM Realty Group, one of the nation’s leading full-service commercial real estate firms, announced today it has been awarded the exclusive leasing assignment for the 118,119-square-foot Bank of America Tower in Grand Prairie, Texas. The assignment was awarded by building owners, Parkchester Holdings, Inc.

Located at 801 West Freeway, the Bank of America Tower is an eight-story office building in Grand Prairie. The building, which is 90 percent occupied offers an on-site bank in the lobby; major tenants include Bank of America and the State of Texas - Department of Health.

“PM Realty Group was selected for the leasing assignment based on our proven capabilities and experience in the Mid-Cities market,” said Bernard Deaton, Executive Vice President and Managing Director with PM Realty Group. “PM’s expertise and market knowledge has allowed us to attract quality clients like Parkchester Holdings.”

Working under the direction of Bernard Deaton, Kurt Cherry, Vice President and Leasing Manager will assume responsibility for the leasing of the building and will oversee the property services team.

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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