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

Jessica Spaulding
Amies Communications
949-863-1910 ext 2

NEWPORT BEACH, CA - Marking its first Southern California assignment with KBS Realty Advisors, PM Realty Group has been awarded management of the 400,000-square-foot Conexant building located in Newport Beach. KBS Realty Advisors, one of the nation’s leading real estate advisors, purchased the building in April 2005.

The new assignment brings PM Realty Group’s Orange County portfolio to 2.5 million square feet of office space. Throughout all of Southern California, PM Realty Group now manages 14 million square feet.

The building, located at 4000 MacArthur Blvd in Newport Beach, is 100 percent occupied by Conexant Systems, a worldwide leader in semiconductor solutions.

“This is an important part of expanding a national PM Realty Group client into our local market. However, it is our engineering and operations that set us apart for this assignment,” said Jim Proehl, executive vice president and director of PM Realty Group’s west division.

Headquartered in Newport Beach, Calif., KBS Realty Advisors ( www.kbsrealty.com ) is a premier real estate investment firm that has invested more than $5 billion since the company’s inception in 1992. KBS was founded and is operated by Peter Bren, president and chairman, and Charles J. Schreiber, Jr., chief executive officer. KBS has offices in Newport Beach, San Francisco, Chicago, Boston, New York and Washington, D.C.

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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