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

MEDIA CONTACT:
Jackie Hutto
Griffin Integrated Marketing
281-335-0200

FOR IMMEDIATE RELEASE
January 24, 2006

PM REALTY GROUP TO MANAGE NEW BUILDING FOR
WOODLANDS DEVELOPMENT COMPANY

Assignment brings total number of properties in this PMRG client portfolio to 18

HOUSTON - The Woodlands Development Company has awarded Houston-based PM Realty Group (PMRG) the property management assignment for the newly-constructed 21 Waterway building. Located at 21 Waterway Avenue in The Woodlands, the 104,372-square-foot office building is the newest addition to the portfolio of buildings PMRG manages for the Woodlands Development Company, which includes all of the company’s 18 Houston-area properties.

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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