EL PASO, Texas, May 19 /PRNewswire/ -- PM Realty Group, one of the
nation's leading full-service commercial real estate firms, today announced
that it has been awarded the exclusive leasing assignment for six El Paso
office and industrial buildings totaling 340,234 square feet by owner Teachers
Insurance Annuity Association (TIAA).  The firm has been providing property
management services for these buildings for several years.
    PM Realty Group currently manages a 2 million square-foot portfolio in El
Paso and provides leasing services on 1.5 million square feet.  The firm's
major clients in El Paso include Chase Bank Texas, Lincoln National Life, TIAA
and Columbia HCA.
    "This assignment signifies our continued growth as a full service player
in the El Paso market," said Bill Goeke, Senior Vice President and Director of
the Firm's Southeast Division.  "Our primary objective is to get these
buildings leased-up in a short timeframe consistent with ownership's goals
while continuing to operate them in the most cost-effective manner possible,"
Goeke continued.
    Under the direction of Goeke, Terri Twomey, assistant vice president, will
oversee the leasing at the six properties.  Elizabeth O'Brien, property
manager, continues to oversee day-to-day property management operations at the
properties, and will assist Twomey in the leasing of these assets.

    About the Portfolio
    -- 8037 Lockheed -- Located at 8037 Lockheed, this 2-story office and
       industrial building totals 53,465 square feet of space.  Currently
       47 percent occupied, the building's major tenant is General Services
       Administration.
    -- 11 Leigh Fisher -- Located at 11 Leigh Fisher, this 1-story industrial
       building totals 105,000 square feet of space.  Currently 100 percent
       occupied, the building's major tenant is San Saba Pecan.
    -- 15 Zane Grey -- Located at 15 Zane Grey, this 1-story industrial
       building totals 96,000 square feet and is currently 47 percent
       occupied.  The building's major tenant is Van Roll Isola.
    -- 25 Butterfield -- Located at 25 Butterfield, this 1-story industrial
       building totals 26,490 square feet and is currently 100 percent
       occupied.  The building's major tenant is Western PCS.
    -- 3 Butterfield -- Located at 3 Butterfield, this 1-story office building
       totals 23,663 square feet and is currently 96 percent occupied.  The
       building's major tenant is Coleman Research.
    -- 7 Leigh Fisher -- Located at 7 Leigh Fisher this 1-story industrial
       building totals 35,616 square feet and is currently 100 percent
       occupied.  The building's major tenant is AVX Corporation.

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

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