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

Feb 17, 2011

PM REALTY GROUP AWARDED SIZEABLE PROPERTY MANAGEMENT CONTRACT BY THE LIONSTONE GROUP

HOUSTON, TEXAS - Officials with PM Realty Group (PMRG), a nationally recognized, full-service commercial real estate firm, today announced it was awarded a sizeable property management contract by The Lionstone Group. Under a multi-year agreement, PMRG will provide property management services to approximately 1.3 million square feet of commercial office, mixed-use and retail properties located throughout the states including Houston, Texas, Atlanta, GA, Rockville, Maryland, Charlotte, North Carolina, Palm Beach and West Palm Beach, Florida and Walnut Creek, California, effective immediately.

Awarded by Houston, Texas-based The Lionstone Group, a privately owned real estate investment firm whose investment strategy is to compile quality research, define a specific area of opportunity (the "niche"), target the niche, understand the niche thoroughly, raise discretionary investment capital, execute flawlessly and become the buyer of first-choice. These niches are national, can accommodate large sums of capital, and offer opportunity over the long term.

"PM Realty Group has partnered with Lionstone for over 5 years and we are excited about expanding our business relationship across the states," said Jimmy Gunn, President of Property Services. "This sizeable portfolio of assets presents an outstanding opportunity to further demonstrate our ability to serve a diversified portfolio and clientele whose needs are ever-changing."

About The Lionstone Group

The Lionstone Group is a privately owned real estate investment firm. Founded in 2001 by partners Tom Bacon, Dan Dubrowski, and Glenn Lowenstein, Lionstone serves the interests of real estate capital by performing extensive market research, conceptualizing and carefully executing national investment strategies based on proprietary data and ideas. For more information, please visit www.lionstonegroup.com.

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.