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

May 24, 2006

PM REALTY GROUP TO MANAGE AND OVERSEE LEASING OF SUGAR LAND OFFICE COMPLEX

HOUSTON, TX - PM Realty Group (PMRG), a national, full-service commercial real estate firm, has been awarded the leasing and property management assignments for The Offices at Kensington, a Class A office complex in First Colony of Sugar Land.

Located at 1600 and 1650 Highway 6 in Sugar Land, Texas, The Offices at Kensington consist of two, four-story, identical buildings that collectively house 170,436 square feet of rentable office space. The upscale complex is located adjacent to lakes featuring walking paths and bridges to nearby shopping and dining establishments. 

"We are excited to be involved with this Class A project in one of the most active submarkets in the area," said John Spafford, senior vice president and director of leasing for PM Realty Group. 

Spafford will oversee The Offices at Kensington project. In addition, Kim Grizzle, PM Realty Group's leasing manager, will provide on-site leasing services. 

"ING Clarion interviewed several Houston firms for the assignment and was pleased with PM Realty Group's experience and commitment to the project," said Charles Kemp, asset director with ING Clarion, which owns the property. "PM Realty Group had recently successfully completed a similar assignment with another asset with the same leasing and management team facilitating an expeditious transition." 

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.