PM Realty Group
1000 Main St, Suite 2400
Houston, Texas 77002
MEDIA CONTACT:
Kristen Burney
PMRG | PM Realty Group
(713) 209-5910
kburney@pmrg.com

FOR IMMEDIATE RELEASE

Jan 10, 2006

PM REALTY GROUP BROKERS WINDWARD TOWN & COUNTRY PLAZA SALE

HONOLULU, HI - PM Realty Group (PMRG), one of the nation's leading full-service commercial real estate firms, announced Tuesday the sale of the Windward Town & Country Plaza in Kailua. 

Wendell Brooks, senior vice president of retail leasing and investment sales for PMRG, facilitated the transaction between the seller, the Wong family, and the buyer, Diversified Equities. 

"We're excited about the sale," Brooks said. "It's in a great location with very successful tenants." 

The Windward Town & Country Plaza is located at 201 Hamakua Drive and consists of two phases. Phase I was built in 1987 and includes 10 tenants, including Safeway and American Savings Bank. Phase II was built in 1989 and houses eight tenants, including Kaiser Permanente, Firestone and Down To Earth Natural Foods & Lifestyle. 

"Great things are happening in Kailua and Windward Town & Country fits in well," Brooks said. "The new owner plans to upgrade the property in the near future." 

About PM Realty Group

Headquartered in Houston, Texas, PM Realty Group (PMRG) is one of the nation’s leading real estate companies focusing on comprehensive property services, development and acquisitions. With a strategic presence in 30 markets, PMRG provides the highest quality services to its clients and investors. PMRG’s clients and investors include large financial institutions, advisors and high net worth individuals. By capitalizing on the team’s experience and expertise, PMRG has the ability to undertake large and challenging management, leasing, development and acquisition projects.

PMRG’s portfolio, including projects managed for third parties, includes commercial office buildings, mixed-use centers, corporate headquarters, industrial buildings, medical facilities, high-rise multifamily buildings and re-appropriated military facilities.

Our goal is to generate exceptional returns for our clients and investors by focusing on real estate fundamentals. For additional information, visit www.pmrg.com.