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

AT GRIFFIN INTEGRATED MARKETING:
Stacy Sarault
Media Contact
281-335-0200

FOR IMMEDIATE RELEASE
December 23, 2005

JOHN S. DAILEY TO LEAD PM REALTY GROUP’S
PRIVATE CLIENT ACQUISITIONS DIVISION

Dailey’s track record at PMRG includes more than $500 million of real estate transactions in the last six years

HOUSTON - PM Realty Group (PMRG), one of the nation’s leading full-service commercial real estate firms, today announced the promotion of John S. Dailey to executive vice president and managing director of PMRG’s Private Client Acquisitions Division. He previously worked as the executive vice president and managing director of PMRG’s National Investment Services Division. Dailey assumed his new position this month.

In leading PMRG’s Private Client Acquisitions Division, Dailey will utilize the company’s national platform to identify opportunities for individuals and companies looking to expand their real estate investment portfolios. In addition, he will continue to provide support to the National Investment Services Division team, with specific emphasis on the Houston market.

Dailey has more than 21 years of real estate experience. Since joining PMRG in 1998, he has led the company in the acquisition and/or disposition of more than $500 million worth of real estate for noted clients such as JPMorgan Chase, Koll Bren Schreiber, The Praedium Group and Lennar Properties.

“John has established a solid record of industry accomplishments over the years,” said Rick Kirk, president and chief executive officer of PMRG. “He is one of the brightest professionals in the industry in assessing the value of real estate transactions. We are very excited to have him in this new position and look forward to seeing great results.”

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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