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

May 16, 2006

PM REALTY GROUP TO LEASE 70,000 SQUARE FEET OF MEDICAL OFFICE SPACE IN ALLEN, TEXAS

DALLAS – PM Realty Group (PMRG), a national, full-service commercial real estate firm, was recently selected to provide leasing services for 70,000 square feet of medical office space in Allen, Texas. The assignment further cements PMRG's growing status as leasing specialists in the medical field. 

Twin Creek Medical Center I and II are each two-story, 35,000-square-foot medical office buildings located at 1111 and 1103 Raintree Circle, respectively. The buildings are strategically located next to the new Presbyterian Hospital of Allen. 

JaRyCo Development, a first-time PMRG client, awarded the leasing contract to PMRG on Apr. 1. The contract went into effect immediately. 

Ed Schnieders, vice president at PMRG, and Bernard Deaton, executive vice president/managing director of PMRG's central division, will be jointly in charge of leasing. Twin Creek Medical Center I is 100 percent leased. Schnieders and Deaton will concentrate on leasing Twin Creek Medical Center II, which is currently five percent occupied.
 
Pending the success of leasing efforts for Twin Creek Medical Center II, JaRyCo Development will begin construction on a third medical office facility on the same plot of land.   

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.