PM Realty Group
1000 Main St, Suite 2400
Houston, Texas 77002

MEDIA CONTACT: 
Melissa Hodges 
Griffin Integrated Marketing
(281) 335-0200
melissa@griffinmktg.com  

FOR IMMEDIATE RELEASE
May 20, 2008

MILAN WEST AWARDS PM REALTY GROUP LEASING AND MANAGEMENT ASSIGNMENT FOR 3500 OAK LAWN IN DALLAS

DALLAS, TX - Officials with PM Realty Group (PMRG), a national, full-service commercial real estate firm, today announced that the firm was awarded the leasing and management assignments for 3500 Oak Lawn in Dallas by Milan West, a Los Angeles-based private real estate investment firm, a new client for PMRG.

“Milan West is pleased that PMRG will be leasing and managing our Uptown building,” said Karl Slovin, president of Milan West. “We are thrilled to begin this relationship with them, and set in motion improvements to reposition the asset.”

Located at the main intersection of the prestigious Turtle Creek area in uptown Dallas, 3500 Oak Lawn encompasses 101,182 square feet of prime office space. This seven-story boutique office building offers views of Turtle Creek, Uptown and the Central Business District.

With its convenient location, the property is in close proximity to Dallas Country Club, The Mansion on Turtle Creek, The Melrose Hotel and West Village, and is 10 minutes from Love Field Airport. The building offers nearby amenities including Al Biernat’s restaurant, Pappadeaux Seafood Kitchen, Eatzi’s Market and Bakery, Starbucks and has numerous high-end retail and dining establishments within walking distance. The building is currently 85 percent leased, with major tenants including oil and gas, real estate and financial companies. 3500 Oak Lawn was constructed in 1980 and underwent a renovation in 2003. Additional renovations are planned for this year.

According to Nathan Durham, PMRG’s senior vice president of leasing, “New renovations will include enhancements to the lobby and common areas, new building signage and the addition of spec suites on the second floor to make 3500 Oak Lawn the best boutique office building in the Uptown/Turtle Creek submarket.” Nathan Durham, PMRG’s senior vice president of leasing; Travis Ewert, leasing manager; and Lauren Bentley, leasing assistant, will be responsible for the leasing and marketing of the property. PMRG’s Karen West will oversee the property management services for 3500 Oak Lawn.

About Milan West

With expertise in encompassing nearly all product types, Milan West’s current holdings include over 900,000 square feet of office, industrial, multi-family residential, and retail centers in four states. Milan West provides its own development and asset management, specializing in identifying and acquiring commercial property investments throughout New York, Florida, Texas and California. More information can be found at www.milanwest.com.

About PM Realty Group

Headquartered in Houston, PM Realty Group (PMRG) is a privately held real estate firm of more than 1,300 employees and 25 divisional and regional offices that conducts business in every major state.

With more than 50 years of experience, PMRG 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.

PMRG 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, PMRG partners with clients in comprehensive development and joint venture investment programs. For additional information, visit www.pmrg.com.  

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