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

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

FOR IMMEDIATE RELEASE
May 24, 2006

PM REALTY GROUP TO MANAGE AND OVERSEE
LEASING OF SUGAR LAND OFFICE COMPLEX

HOUSTON, TX – PM Realty Group (PMRG), a national, full-service commercial real estate firm, has been awarded the leasing and property management assignments for The Offices at Kensington, a Class A office complex in First Colony of Sugar Land.

Located at 1600 and 1650 Highway 6 in Sugar Land, Texas, The Offices at Kensington consist of two, four-story, identical buildings that collectively house 170,436 square feet of rentable office space. The upscale complex is located adjacent to lakes featuring walking paths and bridges to nearby shopping and dining establishments.

"We are excited to be involved with this Class A project in one of the most active submarkets in the area," said John Spafford, senior vice president and director of leasing for PM Realty Group.

Spafford will oversee The Offices at Kensington project. In addition, Kim Grizzle, PM Realty Group’s leasing manager, will provide on-site leasing services.

"ING Clarion interviewed several Houston firms for the assignment and was pleased with PM Realty Group's experience and commitment to the project,” said Charles Kemp, asset director with ING Clarion, which owns the property. “PM Realty Group had recently successfully completed a similar assignment with another asset with the same leasing and management team facilitating an expeditious transition."

About PM Realty Group

Headquartered in Houston, PM Realty Group is a privately held real estate firm of more than 1,300 employees and 20 divisional and regional offices that conducts business in every major state.

With more than 50 years of experience, PM Realty Group provides services to a portfolio valued in excess of $25 billion. The firm’s diversified client base includes institutional and private investors, real estate investment trusts, government agencies, corporations and healthcare service providers.

PM Realty Group focuses on creating value for its clients and offers a full spectrum of real estate services, including property and facility management, leasing, marketing, investment sales, construction management and engineering. In addition, PM Realty Group partners with clients in comprehensive development and joint venture investment programs. For additional information, visit www.pmrg.com.

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