Appointments Expand PM Realty Group's Investment Capabilities on West Coast

    NEWPORT BEACH, Calif., April 12 /PRNewswire/ -- PM Realty Group Investment
Services, the Chicago-based investment arm of PM Realty Group, today announced
the appointment of Donald J. MacLellan, 40, and William C. Howatt, 49, to
Senior Vice Presidents/Directors of Investments for the Western Region.
Formerly with CB Richard Ellis, the strategic investment team has directed the
acquisition and sale of more than $600 million of investment properties.
    According to John Gerber, president of PM Realty Group Investment
Services, MacLellan and Howatt bring a specialized team approach to PM Realty
Group through their complimentary backgrounds and skill sets in acquisitions,
dispositions, development and leasing.
    "Don and Bill have been a successful investment team for more than ten
years, and we look forward to the experience and expertise they will bring to
the Western Region," said Gerber.  "Their commitment to strong client
relationships and quality service make them a good fit within the PM culture.
We're delighted to have them on board."

    About Donald MacLellan
    As senior vice president and director of investments, MacLellan's
responsibilities include sourcing, marketing and closing of investment real
estate in the Southern California region, as well as the oversight of client
relationships nationwide.
    MacLellan has several years of experience in the acquisition and
disposition of office, retail and industrial investment properties.  Prior to
joining PM Realty Group, he spent 14 years with CB Richard Ellis, most
recently as a company vice president.  During his tenure at CB, MacLellan
earned several designations and awards based on his pace-setting investment
sales activity.
    Throughout his 14 year career, MacLellan has worked with clients such as
SBD International; Karsten Institutional Realty Advisors; Brinderson
Development; BCED of Canada; RREEF; Bechtel; Pacific Mutual Life Insurance;
Hutton Development; Nexus USA; USAA Insurance Company; Cabot, Cabot and
Forbes; Westwood Financial; Sammis Development; William Lyon Company; Colony
Advisors; ICI Development; The Bosc Group; Aetna Investment Group; AEW; and
Walton Street Capital.
    He earned his bachelor's degree from California State University in Long
Beach.

    About William Howatt
    As senior vice president and director of investments, Howatt's
responsibilities include sourcing, marketing and closing of investment real
estate in the Southern California region, as well as the oversight of client
relationships nationwide.
    William Howatt brings to PM Realty Group Investment Services several years
experience in the development, acquisition and disposition of investment
properties.  A former vice president of CB Richard Ellis where he spent 15
years, Howatt also has an extensive background in commercial leasing.
    During his 25-year career in real estate, Howatt has worked with clients
such as Lincoln Property Company; RREEF; Doerken Properties; The Bosc Group;
NewMark Merrill Companies; Irvine Company; Westwood Financial; Burnham
Pacific; Walton Street Capital; Hamilton Company; Aetna Investment Group; AEW;
Colony Advisors; Pacific Mutual Life Insurance; Cabot, Cabot and Forbes; Nexus
USA; and ICI Development Company.
    Howatt attended San Diego State University.

    About PM Realty Group Investment Services
    PM Realty Group Investment Services specializes in the acquisition and
disposition of office, industrial, multifamily and special-use portfolios, as
well as underwriting and due diligence services for institutional clients
nationwide.

    About PM Realty Group
    Founded in 1954, PM Realty Group offers the full spectrum of real estate
services, including property management, leasing, corporate services,
facilities management, asset management and development and construction
management.  With divisional offices in Houston, Chicago, Los Angeles and
Denver, the firm conducts business in nearly all of the 50 states and
maintains regional offices in Orlando, Phoenix, San Francisco, Atlanta, New
York, Detroit, Dallas, Seattle, Washington, D.C., and Honolulu.

Link to this page: