PM Realty Group
1000 Main St, Suite 2400
Houston, Texas 77002
MEDIA CONTACT:
Sommer Bukowski
PMRG | PM Realty Group
713.209.5810 (office)
214.621.3317 (cell)
sbukowski@pmrg.com

FOR IMMEDIATE RELEASE

Jan 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

Headquartered in Houston, PM Realty Group (PMRG) is a privately held real estate firm of more than 1,300 employees and 21 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 $30 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.