NREI is pleased to present our ranking of the top property management firms, based on total square feet under management in calendar year 1997.

If your company was not listed, but you feel it should be next time, contact Martha Wolf Reid, Manager of Directories at (770) 618-0160.

1 Insignia Financial Group, Inc. One Insignia Financial Plaza Greenville, SC 29602 864 239-1000; FAX: 864 239-1096 Web Site: www.insigniafinancial.com Contacts: Andrew L. Farkas, Chrm. of the Bd.; James A. Aston, CFO, Insignia Fin. Grp., Inc.; Edward S. Gordon, Ofc. of the Chm., Insignia Fin. Grp., Inc.; Ronald Uretta, COO, Insignia Fin. Grp., Inc.; Frank M. Garrison, Pres., Insignia Fin. Svcs.; Neil Kreisel, Pres., Insignia Residential Grp.; Thomas R. Shuler, COO, Insignia Residential Grp.; Stephen B. Siegel, Pres., Insignia/Edward S. Gordon Co., Inc. & Insignia Comm. Grp., Inc.; Henry Horowitz, COO, Insignia Comm. Grp. Total Sq. Ft. under Mgt. 1997: 387,000,000 Fee Managed 1997: 72% Sq. Ft.: 280,575,000

2 CB Commercial/Koll Management Svcs. 533 S. Fremont Ave. Los Angeles, CA 90071 213 613 3123; FAX: 213 613 3228 Email: cbc@cbcommercial.com Web Site: www.cbcommercial.com Contacts: James J. Didion, Chm. & CEO, CB Commercial; Richard S. Abraham, Pres., CB Comm./Kell Mgt. Svcs.; Edward R. Lyons, Exec. Dir., Facilities Mgt. Total Sq. Ft. under Mgt. 1997: 311,396,008 Fee Managed 1997: 100% Sq. Ft.: 311,396,008

3 Trammell Crow Co. 3400 Trammell Crow Ctr., 2001 Ross Ave. Dallas TX 75201 214 863-3000; FAX: 214 863-3125 Web Site: www.trammellcrow.com Contacts: George L. Lippe, Pres./CEO; Jon Seiz, Property Mgt. Practice Leader; Barbara Bower, Sr. VP, Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 301,178,167 Fee Managed 1997: 84% Sq. Ft.: 252,989,655 Type Property under Mgt.: Office - 19% Industrial - 44% Retail - 8% Other - Facilities Mgt. - 29%

4 Lincoln Property Co. 500 N. Arkard, #3300 Dallas, TX 75201 214 740-3300; FAX: 214 740-3441 Contacts: Mack Pogue, Pres./CEO; Bill Duvall, Regional Pres.; Preston Butcher, Regional Pres.; Tim Byrne, Regional Pres. Total Sq. Ft. under Mgt. 1997: 208,483,342 Fee Managed 1997: 56% Sq. Ft.: 117,610,568 Type Property under Mgt.: Office - 23% Industrial - 17% Multifamily - 40% Retail - 2% Other - Medical/Restaurant - 17%

5 Cushman & Wakefield 51 W. 52nd St. New York, NY 10014 212 841-7500; FAX: 212 841-7767 Web Site: www.cushwake.com Contacts: Arthur J. Mirante II, Pres./CEO; Leonard F. Helbig III, VP Property and Asset Mgt.; Barbara Van Allen, VP Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 200,000,000 Fee Managed 1997: 100% Sq. Ft.: 200,000,000 Type Property under Mgt.: Office - 81% Industrial - 12% Multifamily - 3% Retail - 4%

6 LaSalle Partners 200 E. Randolph Dr. Chicago, IL 60601 312 782-5800; FAX: 312 782-4339 Contacts: Stuart L. Scott, Chrm. & CEO, LaSalle Ptrs.; Charles K. Esler, Jr., CEO, LaSalle Ptrs. Mgt. Svcs.; Molly A Kelly, Principal, Mrkt. Comm. Consortium; Peyton H. Owen Jr., Exec. VP, Mgt. Svcs. Total Sq. Ft. under Mgt. 1997: 207,020,024 Fee Managed 1997: 90% Sq. Ft.: 187,000,000 Type Property under Mgt.: Office - 90% Industrial - 6% Retail - 3% Other - 1%

7 COMPASS Management & Leasing, Inc. 3424 Peachtree Rd. N.E., Ste. 300 Atlanta, GA 30326-1102 404 240-2121; FAX: 404 240-2184 Web Site: www.compassml.com Contacts: Gary R. Sligar, Chmn/CEO; Bruce W. Ficke, Pres.; Timothy J. Donley, COO Total Sq. Ft. under Mgt. 1997: 180,000,000 Fee Managed 1997: 100% Sq. Ft.: 180,000,000 Type Property under Mgt.: Office - 85% Industrial - 13% Retail - 2%

8 Simon DeBartolo Group 115 W. Washington St. National City Center, P.O. Box 7033 Indianapolis, IN 46207 317 636-1600; FAX: 317 685-7270 Contacts: David Simon, CEO; John Neutzling, Exec. VP, Prop. Mgt. Total Sq. Ft. under Mgt. 1997: 139,000,000 Fee Managed 1997: 8% Sq. Ft.: 11,000,000 Type Property under Mgt.: Office - 2% Retail - 98%

9 PM Realty Group 910 Travis St. Houston, TX 77002 713 209-5800; FAX: 713 209-5784 Contacts: Rick V. Kirk, Chrm/CEO; Jimmy Gunn, Pres. Operations; Ernest Johnson, Pres. Corp. Svcs.; Robert Cardwell, Pres. BetaWest, PM Realty Group's Asset Mgt. Subsidiary Total Sq. Ft. under Mgt. 1997: 115,000,000 Fee Managed 1997: 100% Sq. Ft.: 115,000,000

10 Grubb & Ellis Management Services, Inc. 2215 Sanders Rd., Ste. 400 Northbrook, IL 60062 847 753-7500; FAX: 847 753-9034 Email: janice.kalmar@grubb-ellis.com Web Site: www.grubb-ellis.com Contacts: Maureen Ebrenberg, President, Central Region; Jim Roslenl, Presidnet, Western Region; Phil Roger, President, Eastern Region Total Sq. Ft. under Mgt. 1997: 94,034,228 Fee Managed 1997: 100% Sq. Ft.: 94,034,228 Type Property under Mgt.: Office - 67% Industrial - 24% Multifamily - 3% Retail - 6%

11 General Growth Properties, Inc. 55 W. Monroe, Ste. 3100 Chicago, IL 60603 312 551-5000; FAX: 312 551-5475 Email: ggpinko@generalgrowth.com Web Site: www.generalgrowth.com Contacts: Robert Michaels, Pres./COO; Matthew Bucksbaum, CEO; John Bucksbaum, Exec. VP; Mary Kiley, Sr. VP, Mktg. Svcs.; John Millar, Exec. VP, Mgt. Div.; Randy Richardson and Jean Schlemmer, Sr. VPs, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 90,587,000 Fee Managed 1997: 47% Sq. Ft.: 42,124,000 Type Property under Mgt.: Retail - 100%

12 The RREEF Funds 875 N. Michigan Ave., 41st. Fl. Chicago, IL 60611 312 266-9300; FAX: 312 266-9346 Contacts: Donald A. King, Jr., Mng. Ptnr.; Robert J. Navratil, Ptnr. in Charge, Ppty Mgt.; James D. King, Ptnr. in Charge, Acq.; Gerald E. Egan, Ptnr. in Charge, Port. Mgt. Total Sq. Ft. under Mgt. 1997: 86,229,990 Fee Managed 1997: 100% Sq. Ft.: 86,229,990 Type Property under Mgt.: Office - 20% Industrial - 47% Multifamily - 16% Retail - 17%

13 Heitman Properties, Ltd. 900 N. Michigan Ave., Suite 1800 Chicago, IL 60611 312 855-5700; FAX: 312 654-3933 Email: webmaster@strata-res.com Contacts: Barry Schlesinger, CEO; Terry Wachsner, Pres., Prop. Mgt.; David Latvaaho, Pres., Leas./Mktg.; Jerry Powalish, Pres., Const. Mgt. Total Sq. Ft. under Mgt. 1997: 84,630,753 Fee Managed 1997: 100% Sq. Ft.: 24,364,432 Type Property under Mgt.: Office - 32% Industrial - 18% Multifamily - 20% Retail - 19% Other - Parking - 11%

14 Hines 2800 Post Oak Blvd. Houston, TX 77056-6118 713 621-8000; FAX: 713 966-2053 Web Site: www.hines-ww.com Contacts: Jeffrey C. Hines, Pres.; Steve Peterson, VP, Prop. Mgt.; Ann McGonigle Kifer, VP, Mktg./Corp. Comm.; Louis S. Sklar, Kenneth W. Hubbard, C. Kevin Shannahan and E. Staman Ogilvie, Exec. VPs; James C. Buie, Michael J. G. Topham, John A. Harris and Clayton T. Stone, Exec. VPs; E. Staman Ogilvie, James C. Buie, John A. Harris & Clayton T. Stone, EVP; Gerald D. Hines, Chm.; C. Hastings Johnson, Exec. VP/CFO Total Sq. Ft. under Mgt. 1997: 65,600,000 Fee Managed 1997: 44% Sq. Ft.: 28,500,000 Type Property under Mgt.: Office - 91% Multifamily - 1% Retail - 9%

15 Faison 1900 Interstate Twr., 121 W. Trade St. Charlotte, NC 28202 704 331-2500; FAX: 704 371-2589 Contacts: Philip W. Norwood, Pres./CEO; G. Michael Cox, Asset Mgt.; Paul Lawrence, Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 64,790,975 Fee Managed 1997: 81% Sq. Ft.: 52,356,776 Type Property under Mgt.: Office - 38% Industrial - 8% Retail - 54%

16 TrizecHahn Corp. 181 Bay St., Ste. 3900 Toronto, Ont. M5J 2T3 CN 416 361-7200; FAX: 416 361-7205 Email: info@trizechahn.com Contacts: Gregory Wilkins, Pres. & COO; Peter Munk, Chrm./CEO Total Sq. Ft. under Mgt. 1997: 62,000,000 Fee Managed 1997: 1% Sq. Ft.: 900,000 Type Property under Mgt.: Office - 61% Retail - 39%

17 Binswanger/Chesterton Blumenauer Binswanger Two Logan Square Philadelphia, PA 19103 215 448-6200; FAX: 215 448-6238 Email: info@binswanger.com Web Site: www.cbbi.com Contacts: David R. Binswanger, Pres./CEO; Charles R. Madsen, Pres. Property Mgt.; William DeCara, Sr. VP Property Mgt.; Ellen R. Weiss, Sr. VP Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 60,000,000 Fee Managed 1997: 100% Sq. Ft.: 60,000,000 Type Property under Mgt.: Office - 75% Industrial - 25%

18 Sentinel Real Estate Corp. 666 5th Ave. New York, NY 10103 212 408-2900; FAX: 212 603-4960 Contacts: John H. Streicker, Pres.; David Weiner, Noel Belli and Christine Kurtz, Mng. Dirs. Total Sq. Ft. under Mgt. 1997: 55,208,213 Type Property under Mgt.: Office - 4% Industrial - 4% Multifamily - 88% Retail - 4%

19 Urban Retail Properties Co. 900 N. Michigan Ave., Ste. 1500 Chicago, IL 60611 312 915-1024; FAX: 312 915-2001 Contacts: James L. Czech, Pres., Dev. Grp.; Matthew S. Dominski, Chm.; Adam S. Metz, CFO; Dennis M. Zaslavsky, Sr. VP; Joseph M. Shrader, Sr. Exec. VP, Mgt.; Ross B. Glickman, Exec. VP, Leas. Total Sq. Ft. under Mgt. 1997: 54,500,000 Fee Managed 1997: 75% Sq. Ft.: 41,000,000 Type Property under Mgt.: Retail - 100%

20 Realty Investments 8888 Keystone Crossing, Ste. 1200 Indianapolis, IN 46240 317 846-4700; FAX: 317 574-3509 Email: webmaster@dukereit.com Web Site: www.dukereit.com Contacts: Tom Hefner, Pres./CEO; John Nemecek, Pres., Asset & Prop. Mgt.; Darell E. Zink Jr., Exec. VP, CFO; Willam Linville, Exec. VP, Indus.; Richard Horn, Exec. VP, Ofc.; John W. Wynne, Chrm.; Dennis D. Oklak, Exec. VP/Chief Admin. Ofc.; Gary A Burk, Pres. Duke Construction; Robert M. Chapman, Exec. VP Acquis. Total Sq. Ft. under Mgt. 1997: 53,094,000 Fee Managed 1997: 16% Sq. Ft.: 8,292,000 Type Property under Mgt.: Office - 33% Industrial - 62% Retail - 5%

21 Prentiss Properties Trust 3890 W. Northwest Highway Dallas, TX 75220 214 654-5725; FAX: 214 654-5888 Email: ir@pplinc.com Web Site: www.pplinc.com Contacts: Thomas August, Pres./COO; Rick Bartel, EVP Prop. Mgt.; Ric Ross, VP, Mktg./Corp. Comm.; Thomas Simon, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 47,500,000 Fee Managed 1997: 66% Sq. Ft.: 31,500,000 Type Property under Mgt.: Office - 65% Industrial - 35%

22 Forest City Management Inc. 700 Terminal Twr. Cleveland, OH 44113 216 621-6060; FAX: 216 263-4806 Web Site: www.fceinc.com Contacts: Mark Randol, Pres., Shopping Div.; Jack Kuhn, Pres., Ofc. Div.; Dave Favorite, VP, Prop. Mgt.; Nancy McCann, VP, Mktg./Corp. Comm., Commercial; David LaRue, COO, Forest City Comm. Grp.; Ronald Ratner, CEO, Forest City Res. Mgt.; George Cvijovic and Angelo Pimpas, VPs, Res. Prop. Mgt.; Gloria Tibbs, VP, Mktg.; Jim Brady, VP, Fin. Opers., Res. Mgt. Total Sq. Ft. under Mgt. 1997: 47,129,500 Type Property under Mgt.: Office - 14% Multifamily - 38% Retail - 32% Hotel - 1% Other - Seniors Housing - 15%

23 Transwestern Property Co. 12221 Merit Dr., Ste. 450 Dallas, TX 75251 972 233-1022; FAX: 972 991-4247 Contacts: Ron Davis, CFO; Jack Eimer, Pres./CEO; Kim Vincent Butler, Exec. VP, Client Svcs.; David Dean, Exec. VP, Prop. Mgt. Total Sq. Ft. under Mgt. 1997: 45,000,000 Fee Managed 1997: 90% Sq. Ft.: 40,000,000 Type Property under Mgt.: Office - 64% Industrial - 21% Retail - 15%

24 ConAm Management Corp. 1764 San Diego Ave. San Diego, CA 92110 619 297-6771; FAX: 619 294-2451 Contacts: Brad Forrester and Daniel J. Epstein, Co-Pres./CEO; Frazier Crawford, VP, Prop. Mgt.; Toni Neverws, VP, Mktg./Corp. Comm.; Ralph Tilley, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 44,438,000 Fee Managed 1997: 60% Sq. Ft.: 27,248,000 Type Property under Mgt.: Multifamily - 95%

25 The Richard E. Jacobs Group 25425 Center Ridge Rd. Cleveland, OH 44145 440 871-4800; FAX: 440 892-2741 Contacts: Barry D. Kaufman, Pres./COO; Martin J. Cleary, Vice Chm.; Stephen L. Huber, VP, Prop. Mgt.; William N. Fullington, Dir., Mktg. Svcs.; Gary E. McManus, Dir. of Corp. Mgt.; Richard E. Jacobs, Chm./CEO; Gary E. McManus, Dir., Corp. Mktg. Total Sq. Ft. under Mgt. 1997: 44,343,836 Fee Managed 1997: 3% Sq. Ft.: 1,123,873 Type Property under Mgt.: Office - 8% Retail - 90% Hotel - 2%

26 Lexford Properties, Inc. 8615 Freeport Pkwy., Ste. 200 Irving, TX 75063 972 929-4880; FAX: 972 929-1465 Email: cmerry@crsiweb.com Web Site: www.lexford.com Contacts: Patrick M. Holder, Pres.; Annette Hoover, VP, Prop. Mgt.; John Bartling, Chrm./CEO; Thomas R. Russell, CFO; Leslie B. Fox, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 39,605,888 Fee Managed 1997: 43% Sq. Ft.: 15,000,000 Type Property under Mgt.: Multifamily - 100%

27 New Plan Realty Trust 1120 Avenue of the Americas New York, NY 10036 212 869-3000; FAX: 212 869-3989 Contacts: Arnold Laubich, Pres.; William Newman, CEO; James M. Steuterman, Sr. VP Property Mgt.; Christine Dieckmann, Dir., Mktg.; Ron Frankel, VP, Corp. Comm.; Leonard Cancell, Sr VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 33,400,000 Type Property under Mgt.: Office - 1% Multifamily - 34% Retail - 65%

28 The Regional Group of Companies, Inc. 200 Catherine St. 6th Floor Ottawa, ON K2P-2K9 613 230-2100; FAX: 613 230-9880 Email: jgould@regionalgroup.com Contacts: Steve Gordon, Pres./CEO; Jeff Gould, VP, Prop./Asset Mgt. Mgt. Total Sq. Ft. under Mgt. 1997: 32,785,000 Fee Managed 1997: 100% Sq. Ft.: 32,785,000 Type Property under Mgt.: Office - 5% Industrial - 7% Multifamily - 82% Retail - 6%

29 Edward Rose Building Enterprise 30057 Orchard Lake Rd., P.O. Box 9070 Farmington Hills, MI 48333 810 539-2255; FAX: 810 539-2125 Contacts: Sheldon Rose, Pres./CEO; Warren Rose, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 32,000,000 Type Property under Mgt.: Multifamily - 100%

30 Legum & Norman Realty Inc. 1430 Spring Hill Rd. #300 McLean, VA 22102 703 734-0900; FAX: 703 848-0982 Email: legum@erols.com Contacts: William P. Norman, Pres.; Richard J. Leeds, Exec. VP, Prop. Mgt.; Ellen S. Linder, Sr. VP, Mktg./Corp. Comm.; John A. Rhodes, Sr. VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 29,000,000 Fee Managed 1997: 100% Sq. Ft.: 29,000,000 Type Property under Mgt.: Multifamily - 100%

31 The Taubman Co. 200 E. Long Lake Rd., P.O. Box 200 Bloomfield Hills, MI 48303 248 258-6800; FAX: 248 258-7697 Email: ctennyson@taubman.com Web Site: www.taubman.com Contacts: Robert S. Taubman, Pres./CEO; Christopher Tennyson, VP, Mktg./Corp. Comm.; Denise Anton, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 27,600,000 Type Property under Mgt.: Retail - 100%

32 CBL & Associates Properties, Inc. One Park Place, 6148 Lee Hwy., Chattanooga, TN 37421 423 855-0001; FAX: 423 490-8662 Contacts: Charles B. Lebovitz, Pres./CEO; Jerry Sink, VP, Mall Mgt.; John R. Martin, Jr., VP, Mktg./Corp. Comm.; John N. Foy, Exec. VP, Asset Mgt.; Vernon Pirtle, VP, Strip Center Mgt. Total Sq. Ft. under Mgt. 1997: 27,491,318 Fee Managed 1997: 9% Sq. Ft.: 2,578,777 Type Property under Mgt.: Office - 1% Retail - 99%

33 LEDIC Management Group 5855 Ridge Bend Rd. Memphis, TN 38120 901 761-9300; FAX: 901 761-2317 Email: paulm@ledic.com Web Site: www.ledic.com Contacts: Ken Edmundson, Pres./CEO; Keith Sheppard, Charles Brewer, Jeffrey Issacs, Denise Koehl, VPs, Prop. Mgt.; Paul Morris, VP, Mktg./Corp. Comm.; David Shores, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 27,000,000 Fee Managed 1997: 100% Sq. Ft.: 27,000,000 Type Property under Mgt.: Multifamily - 100%

34 CarrAmerica Realty Corp. 1700 Pennsylvania Ave., NW Washington, DC 20006 202 624-7500; FAX: 202 347-6766 Web Site: www.carramerica.com Contacts: Thomas A. Carr, Pres./CEO; Karen L. Widmayer, VP, Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 26,800,000 Fee Managed 1997: 31% Sq. Ft.: 8,200,000 Type Property under Mgt.: Office - 100%

35 The Inland Property Management Group, Inc. 2901 Butterfield Rd. Oak Brook, IL 60523 630 218-8000; FAX: 630 218-4935 Web Site: www.inlandgroup.com Contacts: Norm Treonis, Pres./Chm.; Warren W. Jarog, VP Total Sq. Ft. under Mgt. 1997: 25,394,677 Fee Managed 1997: 1% Sq. Ft.: 250,997 Type Property under Mgt.: Office - 1% Industrial - 2% Multifamily - 49% Retail - 48%

36 The L&B Group 8750 N. Central Expressway, Suite 800 Dallas, TX 75231 214 989-0800; FAX: 214 989-0600 Email: cellis@lbgroup.com Web Site: www.lbgroup.com Contacts: M. Thomas Landner, Pres./CEO; Daniel L. Plumlee, Exec. VP/COO; Kenneth Cooley, Dir. of Shopping Ctrs.; Paul Chapman, Dir. of Off. and Indus.; Charlotte Ellis, Dir. of Mktg./PR Total Sq. Ft. under Mgt. 1997: 24,779,333 Fee Managed 1997: 9% Sq. Ft.: 2,191,700 Type Property under Mgt.: Office - 37% Industrial - 10% Multifamily - 25% Retail - 28%

37 Eugene Burger Management Corp. 481 Via Hidago Greenbrae, CA 94904 415 461-8660; FAX: 415 461-8784 Contacts: Eugene J. Burger, President/CEO; Stephen L. Burger, VP, Prop. Mgt.; Joseph R. Guth, VP, Mktg./Corp. Comm.; William H. Harrison, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 23,586,079 Sq. Ft.: 17,823,500

38 Sares-Regis Group 18802 Bardeen Ave. Irvine, CA 92612 714 756-5959; FAX: 714 756-5955 Contacts: Jeff Stack, John Hagestad, Carl Willgeroth and Bill Thormahlen, Mgt. Dirs.; Vincent Ciavarella, Pres. Comm.; Michael Clark, Pres. Res. Total Sq. Ft. under Mgt. 1997: 23,466,468 Fee Managed 1997: 74% Sq. Ft.: 17,462,518 Type Property under Mgt.: Office - 6% Industrial - 45% Multifamily - 47% Retail - 2%

39 Weingarten Realty Investors 2600 Citadel Plaza Dr., Ste. 300 P.O. Box 924133 Houston, TX 77292-4133 713 866-6000; FAX: 713 866-6049 Email: ir@weingarten.com Web Site: www.weingarten.com Contacts: Stanford Alexander, Chrm./CEO; Drew Alexander, Pres.; Martin Debrovner, Vice Chm.; Brent Mann, Dir./Operating Prop.; Patrica Bender, Johnny Hendrix, Timothy Seckinger and Steven Weinchrten, VPs, Leas.; Freddye Kelly, Corp. Comm. Total Sq. Ft. under Mgt. 1997: 23,328,662 Type Property under Mgt.: Office - 1% Industrial - 18% Retail - 81%

40 Aronov Realty Management Corp. 3500 Eastern Blvd. Montgomery, AL 36116 334 277-1000; FAX: 334 272-0747 Email: info@aronov.com Web Site: www.aronov.com Contacts: Jake Aronov, Pres.; Glenn Reaves, VP, Shopping Ctr. Opers.; Robin Raiford, VP, Mktg.; Owen Aronov, Sr. VP Total Sq. Ft. under Mgt. 1997: 23,231,489 Fee Managed 1997: 38% Sq. Ft.: 8,708,845 Type Property under Mgt.: Office - 4% Industrial - 2% Multifamily - 13% Retail - 80% Hotel - 1%

41 Maguire Partners 355 S. Grand Ave., Ste. 4500 Los Angeles, CA 90071 213 626-3300; FAX: 213 687-0202 Contacts: Robert F. Maguire, III, Mng. Ptr.; Daniel F. Gifford, Ptr., Asset Mgt.; Timothy H. Walker, Ptr., PR; John Miller, Ptr., Leas. Total Sq. Ft. under Mgt. 1997: 22,905,963 Type Property under Mgt.: Office - 55% Industrial - 3% Multifamily - 1% Retail - 1% Hotel - 1% Other - Parking - - 39%

42 TAC 11150 Santa Monica Blvd. Los Angeles, CA 90025 310 473-9505; FAX: 310 526-1558 Contacts: Carig Ruth, Pres./CEO; Ted Bischak, VP, Prop. Mgt.; Dick Cober, VP, Asset Mgt.; Bob Ruth, Prin. Total Sq. Ft. under Mgt. 1997: 20,970,000 Fee Managed 1997: 90% Sq. Ft.: 18,873,000 Type Property under Mgt.: Office - 80% Industrial - 10% Retail - 10%

43 Towne Properties Asset Management Co. 1055 St. Paul Pl. Cincinnati, OH 45202 513 381-8696; FAX: 513 345-6971 Contacts: Robert J. Wahlke, Pres.; Derek Wehman, VP; Sally Kelsall, Mktg. Svcs. Mgr.; Karl Boppel, VP Total Sq. Ft. under Mgt. 1997: 20,727,708 Fee Managed 1997: 67% Sq. Ft.: 13,891,769 Type Property under Mgt.: Office - 5% Multifamily - 85% Retail - 10%

44 Carter & Associates/Oncor 1275 Peachtree Street, N.E. Atlanta, GA 30367-1801 404 888-3000; FAX: 404 888-3006 Email: rbeacham@carterusa.com Web Site: www.carterusa.com Contacts: William A. Mitchell Jr., Pres./CEO; Chip Groome, VP, Prop. Mgt.; Hardin M. Byars, VP, Mktg./Corp. Comm.; James P. Erickson, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 20,682,000 Fee Managed 1997: 82% Sq. Ft.: 17,017,000

45 Associated Estates Realty Corp. 5025 Swetland Ct. Richmond Heights, OH 44143 216 361-5000; FAX: 216 289-6400 Email: ir@aecrealty.com Web Site: www.aecrealty.com Contacts: Jeffrey I. Friedmarr, Pres. & CEO; Thomas G. Selby, VP, Opers. Total Sq. Ft. under Mgt. 1997: 20,500,000 Fee Managed 1997: 29% Sq. Ft.: 5,900,000 Type Property under Mgt.: Multifamily - 100%

46 IDI Services Group, Inc. 3424 Peachtee Rd, NE, Suite 1500 Atlanta, GA 30326 404 479-4000; FAX: 404 231-3968 Email: bcalvert@idi.com Web Site: www.idi.com Contacts: Timothy Gunter, Pres.; Henry Gregory, Jr., Chm.; Bert Calvert, Sr. VP, Prop. Mgt.; David Birdwell, Treas./Sr. VP Total Sq. Ft. under Mgt. 1997: 20,298,012 Fee Managed 1997: 66% Sq. Ft.: 13,443,091 Type Property under Mgt.: Industrial - 100%

47 Spaulding and Slyem 125 High St. Boston, MA 02110 617 523-8000; FAX: 617 523-8001 Contacts: James B. Karman, Pres./CEO; Robert K. Lemons, Sr. VP, Prop. Mgt.; Polly B. Bryson, Sr. VP, Mktg./Corp. Comm.; Peter A. Bailey, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 19,862,000 Fee Managed 1997: 78% Sq. Ft.: 15,486,000 Type Property under Mgt.: Office - 70% Industrial - 22% Retail - 8%

48 The John Buck Co. 233 S. Wacker Dr., Ste. 550 Chicago, IL 60606 312 993-9800; FAX: 312 993-0857 Web Site: www.tjbc.com Contacts: John A. Buck, Chm./CEO; Richard Lightfine, VP, Mng. Dir.; Paul A. Mertz, Pres./COO, Mng. Div. Total Sq. Ft. under Mgt. 1997: 19,300,000 Fee Managed 1997: 80% Sq. Ft.: 15,500,000 Type Property under Mgt.: Office - 90% Industrial - 5% Multifamily - 4% Retail - 1%

49 JPI 600 E. Las Colinas Blvd., #1800 Irving, TX 75039 972 556-1700; FAX: 972 556-3889 Contacts: J. Frank Miller, III, Pres./CEO; Jo Ann McCarter, VP, Prop. Mgt.; Gus Villalba, VP, Asset Mgt.; Jay Arthur, VP, Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 19,045,010 Fee Managed 1997: 16% Sq. Ft.: 3,104,279 Type Property under Mgt.: Multifamily - 100%

50 Holiday Retirement Corp. P.O. Box 14111 Salem, OR 97309 503 370-7070; FAX: 503 364-5716 Contacts: William E. Colson, Pres./CEO; Barton Colson, VP Prop. Mgt.; Chuck Bergamo, VP, Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 18,662,200 Fee Managed 1997: 1% Sq. Ft.: 186,622 Type Property under Mgt.: Office - 1% Multifamily - 4% Other - Seniors Housing - 95%

51 Hamilton Partners (51) 300 Park Blvd., S-201 Itasca, IL 60143 630 250-9700; FAX: 630 250-8521 Contacts: Allan J. Hamilton, Sr. Ptr.; Ronald Lunt, Off. Ptr.; John Wauterlek, Indus. Ptr.; James Sheridan, Retail Ptr.; Rick Staback, Sr. Asset Mgr., Off.; James Lang, Sr. Asset Mgr., Indus.; Scott Krafthefer, Retail Asset Mgr. Total Sq. Ft. under Mgt. 1997: 18,563,000 Fee Managed 1997: 22% Sq. Ft.: 4,200,000 Type Property under Mgt.: Office - 32% Industrial - 64% Retail - 4%

52 Colliers Turley Martin 34 N. Meramec, Ste. 500 Clayton, MO 63105 314 862-7100; FAX: 314 862-1648 Email: dmueller@tmstl.com Web Site: www.tmstl.com Contacts: Mark Burkhart, Pres./CEO; Dean Mueller, Sr. VP/Dir. Prop. Mgt.; Laurie Wagoner, Mktg. Mgr. Total Sq. Ft. under Mgt. 1997: 18,500,000 Fee Managed 1997: 100% Sq. Ft.: 18,500,000 Type Property under Mgt.: Office - 68% Industrial - 16% Retail - 16%

53 The Northstar Group 50 250 Australian Ave. S., Ste. 400 West Palm Beach, FL 33401 561 820-1300; FAX: 561 833-2875 Email: migco@migco.com Web Site: www.migco.com Contacts: Louis Vogt, Pres.; Barry Altshuler, VP, Reg. Dir., East; Daniel Powers, VP, Reg. Dir., Cen.; Steven Thrower, VP, Reg. Dir., West Total Sq. Ft. under Mgt. 1997: 18,283,091 Fee Managed 1997: 100% Sq. Ft.: 18,283,091 Type Property under Mgt.: Office - 15% Industrial - 7% Multifamily - 71% Retail - 6% Hotel - 1%

54 Catellus Development Corp. 51 201 Mission Street San Francisco, CA 94105 415 974-4500 Email: investorrelations@catellus.com Web Site: www.catellus.com Contacts: Nelson C. Rising, Pres./CEO; Timothy J. Beaudin, Sr. VP of Property Investors; Jennifer Ruddock, Mgr., Investors Relations; Ana Perez, VP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 18,000,000

55 Morton G. Thalhimer, Inc./Oncor Int'l 52 1313 E. Main St. Richmond, VA 23219 804 648-5881; FAX: 804 697-3479 Email: info@thalhimer.com Web Site: www.thalhimer.com Contacts: Paul F. Silver, Pres./CEO; Steven B. Brincefield, Sr. VP Total Sq. Ft. under Mgt. 1997: 17,397,666 Fee Managed 1997: 100% Sq. Ft.: 3,298,080

The Voit Companies 21600 Oxnard St., #300, Woodland Hills CA 91367 818 593-6200; FAX: 818 593-6274 Web Site: www.voitco.com Contacts: Robert D. Voit, Pres./CEO; Mary A. Marx, Sr. VP, Property Mgt.; Ricard B. Kern, Sr. VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 17,000,000 Fee Managed 1997: 91% Sq. Ft.: 15,500,000 Type Property under Mgt.: Office - 50% Industrial - 40% Retail - 10% Rank = [54] SqFt: 15,312,084

Lowe Enterprises, Inc. 11777 San Vicente Blvd., Ste. 900, Los Angeles CA 90049 310 820-6661; FAX: 310 207-1132 Email: diehljann@aol.com Contacts: Robert J. Lowe, Chrm.; Brian T. Prinn, Vice Chrm.; Theodore M. Leary, Jr., Pres., Invest. Mgt. Div.; John B. Platt, II, Pres., Hospitality Div. Total Sq. Ft. under Mgt. 1997: 15,312,084 Fee Managed 1997: 81% Sq. Ft.: 12,416,334 Type Property under Mgt.: Office - 45% Industrial - 15% Retail - 12% Hotel - 28% Rank = [55] SqFt: 15,000,000

Constellation Realty Mgt. 8815 Centre Park Dr., Columbia MD 21045 410 730-9092; FAX: 410 740-1174 Contacts: Michael D. Kaiser, Pres./CEO; Steve Willats, VP; Mark Sheara, Asst. VP Total Sq. Ft. under Mgt. 1997: 15,000,000 Fee Managed 1997: 90% Sq. Ft.: 13,500,000 Type Property under Mgt.: Office - 27% Industrial - 45% Retail - 28% Rank = [56] SqFt: 15,000,000

Goodman Segar Hogan Hoffler World Trade Ctr., 101 W. Main St., Ste. 900, Norfolk VA 23510 757 627-0661; FAX: 757 627-1901 Contacts: Deborah Stearns, Pres.; Bruce Ford, VP, Prop. Mgt.; Julie Adie, VP, Asset Mgt.; Jerry Moore, CEO Total Sq. Ft. under Mgt. 1997: 15,000,000 Fee Managed 1997: 100% Sq. Ft.: 15,000,000 Type Property under Mgt.: Office - 54% Industrial - 4% Multifamily - 1% Retail - 40% Other - Storage - 1% Rank = [57] SqFt: 15,000,000

Miglin-Beitler Management Corp. 181 W. Madison St., Suite 3900, Chicago IL 60602 312 726-1700; FAX: 312 807-3853 Contacts: Paul Beitler, Pres. and CEO; Tim Flint, SVP Prop. Mgt.; Jan Cox, VP HR/Corp. Comm.; Stephen Budorick, SVP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 15,000,000 Fee Managed 1997: 100% Sq. Ft.: 15,000,000 Type Property under Mgt.: Office - 63% Industrial - 1% Retail - 10% Other - Facility Mgt. - 21% Rank = [58] SqFt: 14,623,445

Bradford Management Co. of Dallas, Inc. 12801 N. Central Expwy., Ste. 1600, Dallas TX 75243 972 776-7000; FAX: 972 776-7083 Contacts: Al Horstmann, Pres., Bradford Mgt. Co. of Dallas; Kevin Santaularia, Pres., Bradford Realty Services, Inc. Total Sq. Ft. under Mgt. 1997: 14,623,445 Fee Managed 1997: 100% Sq. Ft.: 14,623,445 Type Property under Mgt.: Office - 8% Industrial - 90% Retail - 2% Rank = [59] SqFt: 14,500,000

Jackson-Cross Oncor Int'l 1800 JFK Blvd., Philadelphia PA 19103-7478 215 561-8900; FAX: 215 557-6719 Web Site: www.jacksoncross.com Contacts: J. Richard Jones, Pres./CEO; Lawrence R. Zipf, Sr. VP, Prop. Mgt.; Cheryl Bowden-Kuhn, VP Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 14,500,000 Fee Managed 1997: 100% Sq. Ft.: 14,500,000 Type Property under Mgt.: Office - 60% Multifamily - 5% Retail - 9% Rank = [60] SqFt: 14,400,000

Westcor Partners 11411 N. Tatum Blvd., Phoenix AZ 85028 602 953-6200; FAX: 602 953-1964 Web Site: www.westcor.com Contacts: Robert L. Ward, Pres./CEO; William P. Whiteside, Sr. VP, Prop. Mgt.; Tracey Gotsis, VP Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 14,400,000 Fee Managed 1997: 8% Sq. Ft.: 1,200,000 Type Property under Mgt.: Office - 8% Retail - 92% Rank = [61] SqFt: 14,400,000

Centerpoint Properties Corp. 401 N. Michigan, Chicago IL 60611 312 346-5600; FAX: 312 456-7696 Contacts: John S. Gates, Jr., Pres./CEO; Greg Scott, VP, Prop. Mgt.; Robert Athey, VP, Mktg./Corp. Comm.; Mike Mullen, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 14,400,000 Fee Managed 1997: 8% Sq. Ft.: 1,100,000 Type Property under Mgt.: Industrial - 100% Rank = [62] SqFt: 14,000,000

Cohen-Esrey Real Estate Services Inc. 4435 Main St., Ste. 1000, Kansas City MO 64111 816 531-8100; FAX: 816 531-4470 Email: marketing@cohenesrey.com Web Site: www.cohenesrey.com Contacts: Roger L. Cohen and Robert E. Esrey, Co-Chmn./CEO; R. Lee Harris, Pres./COO; Chris McIntyre, Bruce Margolin, Jim Beverlin, VPs/Prop. Mgt.; Sherry Miller, VP Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 14,000,000 Fee Managed 1997: 85% Sq. Ft.: 11,900,000 Type Property under Mgt.: Office - 32% Industrial - 7% Multifamily - 50% Retail - 11% Rank = [63] SqFt: 14,000,000

Hiffman Shaffer Assocs., Inc. 180 N. Wacker Dr., Ste. 500, Chicago IL 60606 312 332-3555; FAX: 312 332-4122 Web Site: www.hiffmanshafer.com Contacts: John E. Shaffer, Chrm. & CEO; Dennis J. Hiffman and E. Thomas Collins, Vice Chrms.; Robert E. Smietana, Pres. & COO Total Sq. Ft. under Mgt. 1997: 14,000,000 Fee Managed 1997: 55% Sq. Ft.: 7,700,000 Type Property under Mgt.: Rank = [64] SqFt: 14,000,000

Investment Development Svcs. 888 West Sixth St., Los Angeles CA 90017 213 362-9300; FAX: 213 627-9937 Contacts: David MGrublian, M.M. Siam and Hayden C. Eaves III, Pres./CEO Total Sq. Ft. under Mgt. 1997: 14,000,000 Fee Managed 1997: 100% Sq. Ft.: 14,000,000 Type Property under Mgt.: Rank = [65] SqFt: 13,825,000

J. J. Gumberg Co. 1051 Brinton Rd., Pittsburgh PA 15221-4599 (412) 244-4000; FAX: (412) 244-9133 Contacts: Ira J. Gumberg, Pres./CEO; John E. Kramer, Exec. VP; Lawrence N. Gumberg, Vice Chmn./COO; William R. Clarkson, VP Total Sq. Ft. under Mgt. 1997: 13,825,000 Fee Managed 1997: 25% Sq. Ft.: 3,456,000 Type Property under Mgt.: Office - 7% Industrial - 1% Retail - 92% Office - 6% Industrial - 1% Multifamily - 1% Retail - 92% Rank = [66] SqFt: 13,612,500

EPT Management Company 6090 Surety Drive Suite 102, El Paso TX 79905 915 778-7500; FAX: 915 778-8086 Contacts: Russell A. Vendenburg, Pres./CEO; James Weissmiller, VP Property Mgt.; Linda Vasquez, VP Mktg./Corp. Comm.; Kevin Stasienicz, Sr. VP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 13,612,500 Fee Managed 1997: 1% Sq. Ft.: 84,100 Type Property under Mgt.: Multifamily - 98% Retail - 1% Other - Seniors Housing - 1% Rank = [67] SqFt: 13,426,368

Normandale Properties Companies 600 Opus Ctr. 9900 Bren Rd East, Minnetonka MN 55343 612 936-4646; FAX: 612 936-0135 Contacts: Barry Greenfield, VP/CFO; Mike Dwyer, Sr. VP; Marlies Hansen and Bret Borg, Sr. Prop. Mgr. Total Sq. Ft. under Mgt. 1997: 13,426,368 Fee Managed 1997: 25% Sq. Ft.: 3,601,346 Type Property under Mgt.: Office - 26% Industrial - 53% Retail - 13% Other - Parking/Land/Facility - 8% Rank = [68] SqFt: 13,000,000

MEPC American Properties 15303 Dallas Pkwy., Ste. 400 LB5, Dallas TX 75248 972 980-5000; FAX: 972 980-5092 Web Site: www.mepcamerican.com Contacts: David S. Gruber, Pres./CEO; David L. Carlson, Western Region; Rick Weiblen, Eastern Region, VPs/Property Mgt.; Chan Chandler, VP, Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 13,000,000 Type Property under Mgt.: Office - 17% Industrial - 14% Retail - 69% Rank = [69] SqFt: 12,592,200

Maxim Property Management 350 Bridge Parkway, Redwood City CA 94065 650 596-5300; FAX: 650 596-5376 Email: maximpm.com Contacts: Vicki R. Mullins, Pres./CEO; Roderick P. Standard, VP Property Mgt.; Sheryl Tedesco, VP Mktg./Corp. Comm.; John Murphy, VP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 12,592,200 Fee Managed 1997: 35% Sq. Ft.: 4,407,270 Type Property under Mgt.: Office - 15% Industrial - 5% Multifamily - 80% Rank = [70] SqFt: 12,400,532

Konover & Assocs., Inc. 2410 Albany Ave., West Hartford CT 06117 860 232-4545; FAX: 860 523-9180 Web Site: www.konover.com Contacts: Michael Konover, Pres./CEO; R. Michael Goman, Exec. VP/COO; Lisa Whitney, VP Property Mgt. Total Sq. Ft. under Mgt. 1997: 12,400,532 Fee Managed 1997: 4% Sq. Ft.: 514,791 Type Property under Mgt.: Office - 6% Retail - 91% Hotel - 3% Rank = [71] SqFt: 12,000,000

I. Heller Construction Co., Inc. 205 Mill Rd., Edison NJ 08817 732 287-4880; FAX: 732 287-5033 Contacts: Isaac Heller, Pres./CEO; Jeff Milanaik, VP Property Mgt.; Frederick Kurtz, VP Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 12,000,000 Type Property under Mgt.: Industrial - 100% Rank = [72] SqFt: 12,000,000

Tower Realty Management Corp. 255 Shoreline Dr., Ste. 600, Redwood City CA 94065 650 593-3100; FAX: 650 802-1212 Contacts: Kent Goodwin, Pres./CEO Total Sq. Ft. under Mgt. 1997: 12,000,000 Type Property under Mgt.: Office - 83% Industrial - 16% Hotel - 1% Rank = [73] SqFt: 11,687,797

The Town and Country Trust 100 S. Charles St., Ste. 1700, Baltimore MD 21201 410 539-7600; FAX: 410 547-0789 Email: infor@tctrust.com Web Site: www.tctrust.com Contacts: Harvey Schulweis, Pres./CEO; Alfred Lerner, Chm.; Michael H. Rosen, Exec. VP/COO; Jennifer C. Munch, VP, Controller; Alan Lasker, VP, Fin. Total Sq. Ft. under Mgt. 1997: 11,687,797 Type Property under Mgt.: Multifamily - 100% Rank = [74] SqFt: 11,192,326

Picerne Real Estate Group, Inc. 75 Lambert Lind Highway, Warwick RI 02886 401 732-3700; FAX: 401 738-6452 Contacts: Ronald R.S. Picerne, Chrm. and CEO; David R. Picerne, Pres. and COO; Robert M. Picerne, Regional Partner; John G. Picerne, Regional Partner; Raymond M. Uritescu, Regional Partner Total Sq. Ft. under Mgt. 1997: 11,192,326 Fee Managed 1997: 4% Sq. Ft.: 395,250 Type Property under Mgt.: Office - 2% Retail - 6% Other - Single Family Homes and Multifamily Units - 92% Rank = [75] SqFt: 11,000,000

Edens & Avant Realty, Inc. P.O. Box 528, 1901 Main St., Nations Bank Plaza, Columbia SC 29202 803 779-4420; FAX: 803 799-5955 Web Site: www.edensandavant.com Contacts: Joe Edens, Pres.; Jodie McLean, VP, Asset Mgt.; Hal Cottingham, VP, Prop. Mgt.; John Lumpkin, COO Total Sq. Ft. under Mgt. 1997: 11,000,000 Fee Managed 1997: 40% Sq. Ft.: 4,500,000 Type Property under Mgt.: Office - 15% Multifamily - 5% Retail - 80% Rank = [76] SqFt: 10,000,000

Breslin Realty Development Corp. 500 Old Country Rd., Garden City NY 11530 516 741-7400; FAX: 516 741-5122 Contacts: Wilbur F. Breslin, Pres./CEO; Marvin Almas, Dir., Prop. Mgt. Total Sq. Ft. under Mgt. 1997: 10,000,000 Fee Managed 1997: 20% Sq. Ft.: 2,000,000 Type Property under Mgt.: Office - 10% Multifamily - 10% Retail - 80% Rank = [77] SqFt: 9,800,000

CMD Realty Investors, Inc. 227 West Monroe, Ste. 3900, Chicago IL 60606 312 726-3121; FAX: 312 726-9473 Contacts: Steven W. Ellenbogen, Pres./CEO Total Sq. Ft. under Mgt. 1997: 9,800,000 Type Property under Mgt.: Office - 87% Industrial - 13% Rank = [78] SqFt: 9,610,273

CNM Associates 950 E. Paces Ferry Rd., Ste. 900, Atlanta GA 30326 404 869-2700; FAX: 404 869-7171 Contacts: Ben Carter, CEO; Paisley Boney, Pres.; Frasier Smith, Steve Cooper, Sr. VPs, Prop. Mgt.; Sue Hampel, VP, Mktg./Corp. Comm.; Richard Markham, Louis Grabowski, Sr. VPs, Asset Mgt.; Vicky Boyce, VP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 9,610,273 Fee Managed 1997: 100% Sq. Ft.: 9,610,273 Type Property under Mgt.: Office - 14% Retail - 86% Rank = [79] SqFt: 9,500,000

Podolsky Northstar Realty Ptrs., LLC One Westrook Corporate Ctr., Ste. 400, Westchester IL 60154 708 531-8200; FAX: 708 531-8216 Email: rdp@poldolsky.com Web Site: www.podolsky.com Contacts: Randy D. Podolsky, Pres./CEO; Phyllis J. Garay, VP, Prop. Mgt.; Randy D. Podolsky, VP Mktg./Corp. Comm.; Randy D. Podolsky, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 9,500,000 Fee Managed 1997: 56% Sq. Ft.: 5,320,000 Type Property under Mgt.: Office - 23% Industrial - 73% Retail - 4% Rank = [80] SqFt: 9,409,000

Cencor Realty Services, Inc. 3102 Maple Ave., Ste. 500, Dallas TX 75201 214 954-0300; FAX: 214 953-0860 Contacts: Jerry Grubstein, Pres./CEO; Linda Jackson, VP, Prop. Mgt.; Ian Pierce, VP, Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 9,409,000 Fee Managed 1997: 36% Sq. Ft.: 3,410,500 Type Property under Mgt.: Rank = [81] SqFt: 9,312,051

Mid-America Asset Management, Inc. Two Mid-America Plaza, Ste. 330, Oakbrook Terrace IL 60181 630 954 7300; FAX: 630 954-7306 Email: mid america grp.com Contacts: C. Michelle Panovich, VP, Dir. of Asset Mgmt.; Richard E. Spinell, VP, Dir. of Leasing Total Sq. Ft. under Mgt. 1997: 9,312,051 Fee Managed 1997: 100% Sq. Ft.: 9,312,051 Type Property under Mgt.: Retail - 100% Rank = [82] SqFt: 9,278,272

EBL&S Property Mgt. 230 S. Broad St., Mezzanine Level, Philadelphia PA 19102 215 790-4700; FAX: 215 790-4732 Contacts: Edward Lipkin, Pres./CEO; Howard Levy, VP, Prop. Mgt.; David Simon, VP, Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 9,278,272 Type Property under Mgt.: Retail - 100% Rank = [83] SqFt: 9,270,450

Rosen Associates Management Corp. 333 Jericho Turnpike, Jericho NY 11753 516 822-5350; FAX: 516 433-3821 Email: rosenassocmgmt@msn.com Contacts: Robert A. Rosen, Pres./CEO; Daid Rosen, VP Leasing; Peter Gruber, Manager of Acquisition; Charles Burkert, Manager of Construction Svcs; Peter Varous, Controller Total Sq. Ft. under Mgt. 1997: 9,270,450 Fee Managed 1997: 5% Sq. Ft.: 375,000 Type Property under Mgt.: Office - 3% Retail - 97% Rank = [84] SqFt: 9,000,000

Steven D. Bell & Co. 823 North Elm St., Greensboro NC 27402 910 272-7196; FAX: 910 379-7287 Email: jshuster@sdbell.com Contacts: Steven D. Bell, Pres.; Jeff Shuster, VP, Dir. Mgt.; Dominic Ranelli, Dir. Retail Division Total Sq. Ft. under Mgt. 1997: 9,000,000 Fee Managed 1997: 100% Sq. Ft.: 9,000,000 Type Property under Mgt.: Rank = [85] SqFt: 8,700,000

Wilcox Realty Group 5420 LBJ Fwy., Ste. 740, Dallas TX 75240 972 770-2111; FAX: 972 770-2199 Email: cawley@cawley.com Web Site: www.cawley.com Contacts: John C. Conger, Pres.; Todd K. Ashbrook, COO; Jacqueline Perkins, Dir. of Prop. Mgt. Total Sq. Ft. under Mgt. 1997: 8,700,000 Fee Managed 1997: 100% Sq. Ft.: 8,700,000 Type Property under Mgt.: Office - 38% Industrial - 62% Rank = [86] SqFt: 8,500,000

Ventana Property Svcs. 2755 Campus Dr., Ste. 145, San Mateo CA 94403 415 513-0300; FAX: 415 513-0301 Email: toventana@aol.com Contacts: Steven D. Epcar and Joseph F. Martignetti, Principals; Dana R. Levitt, Mktg. Mgr. Total Sq. Ft. under Mgt. 1997: 8,500,000 Fee Managed 1997: 100% Sq. Ft.: 8,500,000 Type Property under Mgt.: Office - 15% Industrial - 10% Multifamily - 75% Rank = [87] SqFt: 8,400,000

AB Shopping Center Properties, Inc. 1900 International Park Dr., Ste. 303, Birmingham AL 35243 205 969-1000; FAX: 205 969-1051 Contacts: Alex Baker, Pres./CEO; Ron Carlson, CFO; Melissa Cassell, Mktg. Dir. Total Sq. Ft. under Mgt. 1997: 8,400,000 Type Property under Mgt.: Retail - 100% Rank = [88] SqFt: 8,398,841

Leggat McCall Properties Mgt., L.P. 10 Post Office Square, Boston MA 02109 617 422-7000; FAX: 617 422-7001 Web Site: www.lmp.com Contacts: J. Brad Griffith and J. H. Waltar, Jr., Co-Chrm.; Malrmood Malihi, Pres. of Prop. Mgt. Group; Tod Brainard, VP of New Business; F. X. Jacoby, VP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 8,398,841 Fee Managed 1997: 66% Sq. Ft.: 5,583,627 Type Property under Mgt.: Office - 78% Industrial - 6% Retail - 11% Other - Seniors Housing - 5% Rank = [89] SqFt: 7,751,214

Donahue Schriber 3501 Jamboree Rd., #300, S. Twr., Newport Beach CA 92660 714 854-2100; FAX: 714 854-4251 Email: donahueschriber@dsrg.com Web Site: www.donahueschriber.com Contacts: Thomas Schriber, Pres.; Daniel Donahue, Chm.; Elizabeth Schreiber and Deborah Frost, VPs, Prop. Mgt.; Judi Lapin, VP, Mktg.; Patrick Donahue, Sr. VP, Opers.; Bryan McGowan, CFO; David Mossman, VP, Fin.; Candace K. Rice, VP, Leas.; William Harp, VP, Acquis.; Donald Howard, Sr. VP, Dev.; Bradford B. Deck, VP, Dev.; Mark Whitfield, VP, Const. Mgt.; Jan Petersen, VP, Dev. Svcs. Total Sq. Ft. under Mgt. 1997: 7,751,214 Type Property under Mgt.: Office - 3% Multifamily - 1% Retail - 96% Rank = [90] SqFt: 7,700,000

Schroder Real Estate Associates 437 Madison Ave., New York NY 10022 212 940-3600; FAX: 212 644-2790 Contacts: Norman L. Peck, Pres./CEO; Charles McIntyre, Sr. VP Ofc. Prop. Mgt.; John Marlowe, Sr., VP Retail Prop. Mgt.; John Emmanuel, VP Mktg. Corp./Comm.; Steven Nelson, Jim Rupert, Sean Brown, Stu Wysong, VPs Asset Mgt.; Jim Ruppert, VP Asset Mgt.; Sean Brown, Ofc.; Stewart Wysong, Ret. Total Sq. Ft. under Mgt. 1997: 7,700,000 Type Property under Mgt.: Office - 39% Industrial - 3% Retail - 58% Rank = [91] SqFt: 7,695,643

Stirling Properties 109 Northpark Blvd., Ste. 300, Covington LA 70433 504 898-2022; FAX: 504 898-2077 Web Site: www.stirlingprop.com Contacts: James E. Maurin, Chrm. & CEO; Gerald E. Songy, Pres.; Martin A. Mayer, Exec. VP & COO; Lewis W. Stirling, III, Exec. VP Total Sq. Ft. under Mgt. 1997: 7,695,643 Fee Managed 1997: 100% Sq. Ft.: 7,695,643 Type Property under Mgt.: Office - 19% Industrial - 5% Multifamily - 1% Retail - 75% Rank = [92] SqFt: 7,200,000

Central Management, Inc. 5444 Westheimer, Ste. 1925, Houston TX 77056 713 961-9777; FAX: 713 961-5730 Email: cmirealestate.com Web Site: vevcmi@ix netcom.com Contacts: Victor E. Vacek, Jr., Pres./CEO; Suzy White, VP, Prop. Mgt.; Will Hrachovy, VP, Mktg. Mgt.; Jack Tennyson, VP, Operations Total Sq. Ft. under Mgt. 1997: 7,200,000 Fee Managed 1997: 100% Sq. Ft.: 7,200,000 Type Property under Mgt.: Office - 6% Industrial - 9% Multifamily - 21% Retail - 8% Other - Land - - 55% Rank = [93] SqFt: 7,151,591

Tanguay-Burke-Stratton 321 N. Clark St., Ste. 900, Chicago IL 60610 312 245-5050; FAX: 312 245-5033 Contacts: Mark H. Tanguay, Pres./CEO; Karen P. Szewezyk, VP, Prop. Mgt.; Brad McNealy, VP, Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 7,151,591 Fee Managed 1997: 100% Sq. Ft.: 7,151,591 Type Property under Mgt.: Retail - 100% Rank = [94] SqFt: 7,007,730

Hollis & Associates, Inc. 2557-F Larkspur Landing Cir., Larkspur CA 94939 415 461-4365; FAX: 415 461-0521 Contacts: Peter J. Hollis, Pres./CEO; Steve Bowers, VPs, Prop. Mgt.; Georgia Hare, VP, Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 7,007,730 Fee Managed 1997: 100% Sq. Ft.: 7,007,730 Type Property under Mgt.: Retail - 100% Rank = [95] SqFt: 7,000,000

Griffin Company 510 Marquette Ave., Minneapolis MN 55402 612 338-2828; FAX: 612 338-5288 Contacts: Robert S. Dunbar, Pres./CEO; Robert A. Fransen, VP Property Mgt.; Karen Trouba, VP Mktg./Corp. Comm.; Harry Jacobs, VP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 7,000,000 Fee Managed 1997: 54% Sq. Ft.: 3,790,000 Type Property under Mgt.: Office - 14% Industrial - 14% Multifamily - 57% Retail - 14% Rank = [96] SqFt: 7,000,000

Kranzco Realty Trust 128 Fayette St., Conshohocken PA 19428 610 941-9292; FAX: 610 941-9193 Email: info@krt.com Web Site: www.krt.com Contacts: Norman M. Kranzdorf, Pres./CEO; Edmund Barrett, Exec. COO; Michael W. Kranzdorf, VP of Information Services; Robert Dennis, VP Finance Total Sq. Ft. under Mgt. 1997: 7,000,000 Sq. Ft.: 7,000,000 Type Property under Mgt.: Retail - 100% Rank = [97] SqFt: 7,000,000

Scully Co. Noble Plaza, 801 Old York Rd., Jenkintown PA 19046 215 887-8400; FAX: 215 887-2428 Contacts: James D. Scully and Michael A. Scully, Co-Chrms. Total Sq. Ft. under Mgt. 1997: 7,000,000 Fee Managed 1997: 60% Sq. Ft.: 4,200,000 Type Property under Mgt.: Office - 2% Multifamily - 97% Hotel - 1% Rank = [98] SqFt: 7,000,000

The Witkoff Group 220 E. 42nd St., New York NY 10017 212 672-4700; FAX: 212 672-4726 Web Site: www.witkoff.com Contacts: Steven C. Witkoff, Pres./CEO; Steven Sicora, VP, Prop. Mgt.; Amy T. Witkoff, VP, Mktg./Corp. Comm.; Frank Mayer, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 7,000,000 Sq. Ft.: 500,000 Type Property under Mgt.: Rank = [99] SqFt: 6,500,000

Property Management Assocs. 1017 N. La Cienega Blvd., #200, Los Angeles CA 90069 310 358-8600; FAX: 310 358-8615 Email: pma1ccpm@wavenet.com Contacts: Tom Spear, Pres./CEO; Joshua Fein, CFO/Asset Mgt.; Cheryl McDonald, VP Property Mgt.; Alan Patterson, VP Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 6,500,000 Fee Managed 1997: 99% Sq. Ft.: 6,435,000 Type Property under Mgt.: Office - 23% Industrial - 11% Multifamily - 50% Retail - 15% Hotel - 1% Rank = [100] SqFt: 6,397,667

Ohio Equities, Inc. 395 E. Broad St., Columbus OH 43215 614 224-2400; FAX: 614 221-1405 Contacts: George Simpson, Pres.; William E. Carleton, Exec. VP; Patrick E. Connors, Dir. of Prop. Mgt. Total Sq. Ft. under Mgt. 1997: 6,397,667 Fee Managed 1997: 67% Sq. Ft.: 4,304,387 Type Property under Mgt.: Office - 62% Industrial - 14% Multifamily - 6% Retail - 18% Rank = [101] SqFt: 6,344,263

Malan Realty Investors, Inc. 30200 Telegraph Rd, Sutie 105, Birmingham MI 48025 248 644-7110; FAX: 248 644-7110 Email: mri694a@aol.com Contacts: Anthony Gramer, Pres./CEO; Alan Warnke, Dir. of Prop. Mgt.; David Darling, Dir. of Leasing; Michael Kaline, VP Total Sq. Ft. under Mgt. 1997: 6,344,263 Fee Managed 1997: 11% Sq. Ft.: 691,587 Type Property under Mgt.: Retail - 100% Rank = [102] SqFt: 6,300,969

Noddle Development Co. 1125 South 103rd St., Ste. 780, Omaha NE 68124 402 391-1616; FAX: 402 391-2546 Email: noddle@noddledev.com Contacts: Harlan J. Noddle, ChmnBd; Joseph Kirshenbaum, Pres.; Barbara Kelly Bredthauer, EVP Admin.; Jary J. Phillip, VP Total Sq. Ft. under Mgt. 1997: 6,300,969 Fee Managed 1997: 6% Sq. Ft.: 367,468 Type Property under Mgt.: Office - 6% Retail - 94% Rank = [103] SqFt: 6,205,161

Gumberg Asset Management Corp. 3200 N. Federal Hwy., Ft. Lauderdale FL 33306 954 537-2700; FAX: 954 568-5340 Contacts: Andrew D. Gumberg, Pres. & CEO; Sonya B. Etessam, Exec. VP; Louis D. Cohen, VP, Corp. Dev.; Robert B. Saffran, VP, Dir. of Leas. Total Sq. Ft. under Mgt. 1997: 6,205,161 Fee Managed 1997: 100% Sq. Ft.: 6,205,161 Type Property under Mgt.: Retail - 100% Rank = [104] SqFt: 6,183,984

Block & Co., Inc., Realtors 605 W. 47th St., Stre. 100, Kansas City MO 64112 816 531-1400; FAX: 816 932-5599 Email: sblock@blockandco.com Web Site: www.blockandco.com Contacts: Allen Block, ChmBd; Stephen Block, David Block, Steven Caffey, Kenneth Block, Gene Moffitt, Michael Block and Gene Elsas, Sr. VPs Total Sq. Ft. under Mgt. 1997: 6,183,984 Fee Managed 1997: 21% Sq. Ft.: 1,250,277 Type Property under Mgt.: Rank = [105] SqFt: 6,000,000

Bullock, Terrell & Mannelly 400 Perimenter Center Terrace, Ste. 145, Atlanta GA 30346 770 391-1900; FAX: 770 391-1908 Contacts: Joe Terrell, Pres./CEO; David Hume, V.P. Property Mgt.; Ed Riggins, V.P. Mktg./Corp. Comm.; Kip Marshall, V.P. Asset Mgt. Total Sq. Ft. under Mgt. 1997: 6,000,000 Fee Managed 1997: 95% Sq. Ft.: 5,700,000 Type Property under Mgt.: Office - 15% Industrial - 77% Retail - 8% Rank = [106] SqFt: 5,994,357

Terranomics Retail Services 455 North Point, San Francisco CA 94133 415 474-6100; FAX: 415 771-1115 Contacts: Richard C. Scott, Pres./CEO; Frank Sebastian, VP Property Mgt.; Gayle Randazzo, VP Mktg./Corp. Comm.; J. Scott Weaver, VP Asset Mgt.; Ralph S. Epstein, Sr. Mng. Dir., Mgt. & Dev. Services Total Sq. Ft. under Mgt. 1997: 5,994,357 Fee Managed 1997: 97% Sq. Ft.: 5,994,357 Type Property under Mgt.: Office - 1% Retail - 99% Rank = [107] SqFt: 5,844,600

Elkor Properties, Inc. 500 W. Madison, Ste. 2980, Chicago IL 60661 312 669-1200; FAX: 312 669-1300 Contacts: Jeff Eloweand Brad Korzen, Principals; Cheryll O'Bryan, Sr. VP, Opers. Total Sq. Ft. under Mgt. 1997: 5,844,600 Type Property under Mgt.: Multifamily - 100% Rank = [108] SqFt: 5,800,000

Freeman Webb, Inc. 545 Mainstream Dr., Ste. 101, Nashville TN 37228-1201 615 271-2700; FAX: 615 726-1937 Contacts: William H. Freeman, Pres. & Co-Founder; James A. Webb, III, VP & Co-Founder Total Sq. Ft. under Mgt. 1997: 5,800,000 Fee Managed 1997: 8% Sq. Ft.: 383,020 Type Property under Mgt.: Office - 14% Multifamily - 86% Rank = [109] SqFt: 5,408,000

George Elkins Property Mgt. Co. 12100 Wilshire Blvd., Ste. 300, Los Angeles CA 90025 310 207-3456; FAX: 310 207-5616 Contacts: Kevin Green, Pres./CEO; Brian Eisner, VP, Prop. Mgt.; Chad Eshaghoff, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 5,408,000 Fee Managed 1997: 100% Sq. Ft.: 5,408,000 Type Property under Mgt.: Office - 30% Industrial - 8% Multifamily - 41% Retail - 21% Rank = [110] SqFt: 5,103,000

F. C. Tucker Co., Inc. 2500 One American Sq., Indianapolis IN 46282 317 634-6363; FAX: 317 639-0504 Contacts: David W. Goodrich, Pres./CEO; Kimberly J. Estes, VP, Property Mgt.; Rebecca L. Hopewell, VP, Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 5,103,000 Fee Managed 1997: 100% Sq. Ft.: 5,103,000 Type Property under Mgt.: Office - 49% Industrial - 18% Multifamily - 33% Rank = [111] SqFt: 5,000,000

Metro Commercial Management Services, Inc. 305 Fellowship Rd., Ste. 314, Mt. Laurel NJ 08054 609 866-2500; FAX: 609 866-1611 Contacts: Daniel J. Hughes, Pres.; Cynthia A. Frank, CPM, Dir. of Prop. Mgt. Total Sq. Ft. under Mgt. 1997: 5,000,000 Fee Managed 1997: 100% Sq. Ft.: 5,000,000 Type Property under Mgt.: Retail - 100% Rank = [112] SqFt: 5,000,000

Princeton Forrestal Center/Picus Associates, Inc. 105 College Road East, Princeton NJ 08540 609 452-7720; FAX: 609 452-7485 Contacts: Robert J. Wolfe, Pres./CEO; David H. Knights, VP Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 5,000,000 Type Property under Mgt.: Office - 80% Other - Mixed-Use - 20% Rank = [113] SqFt: 4,800,000

Lat Purser & Associates, Inc. 4530 Park Rd., Ste. 300, Charlotte NC 28209 704 519-4200; FAX: 704 525-8700 Contacts: Lat Purser, III, Pres./CEO; Sig Arnesen, VP, Prop. Mgt.; Gina Wholley, VP, Mktg./Corp. Comm.; Bob Ohen, EVP; Genena Henderson, EVP Total Sq. Ft. under Mgt. 1997: 4,800,000 Fee Managed 1997: 70% Sq. Ft.: 3,360,000 Type Property under Mgt.: Office - 15% Industrial - 9% Retail - 76% Rank = [114] SqFt: 4,702,136

Carlson Real Estate Co., Inc. 111 Cheshire Ln., Ste. 700, Minnetonka MN 55305 612 404-5000; FAX: 612 404-5001 Web Site: www.carlsonrealestate.org Contacts: Dean Riesen, Pres. & CEO; Mark Herreid, Sr. VP & CEO; Matt VanSlooten, Brad Lis and Joe Ihrke, Mng. Dirs. of Invests. Total Sq. Ft. under Mgt. 1997: 4,702,136 Type Property under Mgt.: Office - 20% Industrial - 60% Retail - 18% Other - Land - 2% Rank = [115] SqFt: 4,678,723

The Hutensky Group 280 Trumbull St. 2nd Fl, Hantford CT 06103 860 527-2222; FAX: 860 706-0076 Email: thg@hutenskygroup.com Contacts: Brad M. Hutensky, Pres.; Dianne Noth, VP Property Mgt.; Any Jaffe-Barzach, VP Mgt./Corp. Comm.; Robert J. Dombi, VP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 4,678,723 Fee Managed 1997: 40% Sq. Ft.: 2,991,770 Type Property under Mgt.: Retail - 100% Rank = [116] SqFt: 4,504,000

Shelter Bay Retail Group 655 REdwood Hwy., Ste. 177, Mill Valley CA 94941 415 388-4460; FAX: 415 388-4480 Contacts: Steve Robertson, Chm.; Sandra Van Metre, CFO; Elizabeth Kingbom, VP, Prop. Mgt.; ; Michael Keener, CEO Total Sq. Ft. under Mgt. 1997: 4,504,000 Fee Managed 1997: 98% Sq. Ft.: 4,453,000 Type Property under Mgt.: Retail - 100% Rank = [117] SqFt: 4,500,000

Monroe & Friedlander Mgt., Inc. 220 South King St., Suite 1800, Honolulu HI 96813 808 521-2611; FAX: 808 545-5689 Email: milesmfmi@aol.com Contacts: Donald Monroe, Pres.; Andrew Friedlander, Co-Chrm.; Miles Kamimura, VP Mktg./Corp. Comm.; Janice Mende, VPAsset Mgt. Total Sq. Ft. under Mgt. 1997: 4,500,000 Fee Managed 1997: 100% Sq. Ft.: 4,500,000 Type Property under Mgt.: Rank = [118] SqFt: 4,496,399

Northco Real Estate Svcs. 4900 Viking Dr., Edina MN 55435 612 820-1600; FAX: 612 820-1620 Email: northco@spacestar.net Contacts: William Bracken, Pres./CEO; Jerry Sand., VP/Prop. Mgt.; Stephen Brown, VP Mktg./Corp. Comm.; Michael Maney, VP/Asset Mgt. Total Sq. Ft. under Mgt. 1997: 4,496,399 Fee Managed 1997: 67% Sq. Ft.: 2,997,000 Type Property under Mgt.: Office - 52% Industrial - 45% Retail - 3% Rank = [119] SqFt: 4,428,105

Baita Property Services, Inc. 1777 Northeast Expressway, #145, Atlanta GA 30329 404 634-7445; FAX: 404 321-0780 Contacts: William M. Sulzbacher, Pres.; Samuel P. Latone, VP Property/Asset Mgt.; Hilary Shure, Dir. of Mktg. Total Sq. Ft. under Mgt. 1997: 4,428,105 Fee Managed 1997: 17% Sq. Ft.: 765,521 Type Property under Mgt.: Office - 1% Multifamily - 99% Rank = [120] SqFt: 4,396,106

McKinley Commercial, Inc. 320 N. Main St., Ste. 200, Ann Arbor MI 48104 313 769-8520; FAX: 313 662-7950 Email: commercial@mckinley-associates.com Contacts: James P. Gartin, Pres.; Peter H. Pfeiffer, Sr. VP Total Sq. Ft. under Mgt. 1997: 4,396,106 Fee Managed 1997: 20% Sq. Ft.: 847,438 Type Property under Mgt.: Office - 42% Industrial - 8% Retail - 48% Other - Medical - 2% Rank = [121] SqFt: 4,350,358

The Cosland Group, Inc. 125 Scaleybark Rd., Charlotte NC 28209 704 529-1166; FAX: 704 523-2946 Contacts: John Cosland Jr., Pres./CEO; Justin F. Little, VP Prop. Mgt. of Multifamily; Stephen L. Vermilion, VP Retail Development; James E. Merrifield, VP Land and Office; William G. Daleure II, VP Residential Total Sq. Ft. under Mgt. 1997: 4,350,358 Fee Managed 1997: 20% Sq. Ft.: 865,000 Type Property under Mgt.: Rank = [122] SqFt: 4,200,000

Golub & Co. 625 N. Michigan Ave., Chicago IL 60611 312 440-8800; FAX: 312 440-0809 Contacts: Michael Newman, Pres./CEO; Lee Golub, VP, Mktg./Corp. Comm.; Paula Harris, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 4,200,000 Fee Managed 1997: 11% Sq. Ft.: 462,000 Type Property under Mgt.: Office - 87% Multifamily - 11% Retail - 2% Rank = [123] SqFt: 4,200,000

The Skinner & Broadbent Co. 201 N. Illinois St., 23rd Fl., Indianapolis IN 46204 317 237-2900; FAX: 317 237-2912 Contacts: George P. Broadbent, Pres./Owner; John A. Stuckey, VP, Prop. Mgt. Total Sq. Ft. under Mgt. 1997: 4,200,000 Fee Managed 1997: 9% Sq. Ft.: 378,000 Type Property under Mgt.: Retail - 100% Rank = [124] SqFt: 4,000,000

Zimmer Management Co. 1220 Washington, Kansas City MO 64105 816 474-2000; FAX: 816 421-6666 Email: real.estate@zimmercos.com Web Site: www.zimmercos.com Contacts: David J. Zimmer, Pres.; Hugh J. Zimmer, CEO; Ellen Z. DArling, VP, Prop Mgt. Total Sq. Ft. under Mgt. 1997: 4,000,000 Fee Managed 1997: 25% Sq. Ft.: 3,000,000 Type Property under Mgt.: Rank = [125] SqFt: 4,000,000

M & J Wilkow, Ltd. 180 North Michigan Ave. Suite 200, Chicago IL 60601 312 726-9622; FAX: 312 726-0468 Contacts: Marc Wilkow, Pres./CEO; Clifton Wilkow, Exec. VP Property Mgt.; Jamie Dublin, Mktg. Coord.; David Harvey, Sr. VP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 4,000,000 Fee Managed 1997: 24% Sq. Ft.: 962,831 Type Property under Mgt.: Rank = [126] SqFt: 3,937,542

Windsor Hospitality Group 11835 W. Olympic Blvd., #1250, Los Angeles CA 90064 310 914-8777; FAX: 310 914 8766 Web Site: www.winhotel.com Contacts: Patrick M. Nesbitt, Chm.; Lou Weckstein, Sr. VP, Hotel Opers.; Scott Tarwater, VP, Hotel Sls./Mktg. Total Sq. Ft. under Mgt. 1997: 3,937,542 Fee Managed 1997: 2% Sq. Ft.: 80,700 Type Property under Mgt.: Hotel - 100% Rank = [127] SqFt: 3,850,000

Beer Wells Real Estate Services Inc. 11311 N. Central Expressway, Ste. 100, Dallas TX 75243 214 750-5600; FAX: 214 750-5603 Contacts: William K. Wells, Pres./CEO; Ronald D. Emert, V.P. Property Mgt. Total Sq. Ft. under Mgt. 1997: 3,850,000 Fee Managed 1997: 100% Sq. Ft.: 3,850,000 Type Property under Mgt.: Office - 20% Industrial - 40% Retail - 40% Rank = [128] SqFt: 3,842,971

Spatz Centers, Inc. 3175 Commercial Ave., Northbrook IL 60062 847 559-7900; FAX: 847 559-8015 Contacts: Bill Spatz, Pres./CEO; Martha Coronado, VP, Property Mgt.; Wendy Spatz, VP, Mktg./Corp. Comm.; Don Richter, VP, Asset Mgr. Total Sq. Ft. under Mgt. 1997: 3,842,971 Fee Managed 1997: 25% Sq. Ft.: 955,000 Type Property under Mgt.: Retail - 100% Rank = [129] SqFt: 3,800,000

The Howard Hughes Corp. 3800 Howard Hughes Parkway, Las Vegas NV 89109 702 791-4000 Contacts: John L. Goolsby, Pres./CEO; John Kilduff, Pres. of Commecial and Indust. Division; Mark Brown, Sr. VP of Corp. and Gov't. Relations Total Sq. Ft. under Mgt. 1997: 3,800,000 Type Property under Mgt.: Office - 46% Industrial - 54% Rank = [130] SqFt: 3,794,913

Regency Associates 1701 Broadmoor Suite 200, Champargn IL 61821 217 359-7031; FAX: 217 398-5170 Contacts: David Eades, Managing General Ptr.; James McKinney, General Ptr.; E. Ronald Miles, Pres. of Regency Mgt. Svc. LLC; Robert Pratten, CFO Total Sq. Ft. under Mgt. 1997: 3,794,913 Fee Managed 1997: 21% Sq. Ft.: 801,372 Type Property under Mgt.: Office - 5% Multifamily - 46% Retail - 28% Rank = [131] SqFt: 3,700,000

Time Equities Inc. 55 Fifth Ave., 15th Fl., New York NY 10003-4398 212 206-6000; FAX: 212 757-0563 Contacts: Robert Kantor, Pres.; Ted Kotler, VP, Prop. Mgt.; Richard Recny, VP, Asset Mgt.; Francis Greenburger, CEO Total Sq. Ft. under Mgt. 1997: 3,700,000 Fee Managed 1997: 1% Type Property under Mgt.: Office - 32% Industrial - 28% Multifamily - 35% Retail - 5% Rank = [132] SqFt: 3,690,000

Manco Abbott Inc. 6051 N. Fresno St., Suite 210, Fresno CA 93710 209 435-1756; FAX: 209 449-0700 Email: manco@mancoabbott.com Web Site: www.mancoabbott.com Contacts: Hal Kissler, CPM/CCIM; Michael S. Goldfarb, CPM; Gloria Schermerhorn, CPM/CSM Total Sq. Ft. under Mgt. 1997: 3,690,000 Fee Managed 1997: 100% Sq. Ft.: 3,690,000 Type Property under Mgt.: Rank = [133] SqFt: 3,600,000

AMIR Development Co. 8730 Wilshire Blvd., #300, Beverly Hills CA 90211 310 657-8987; FAX: 310 854-0917 Contacts: Paul Amir, Pres/.CEO; Keenan Wolens, Exec VP Total Sq. Ft. under Mgt. 1997: 3,600,000 Type Property under Mgt.: Office - 8% Industrial - 85% Multifamily - 8% Rank = [134] SqFt: 3,552,308

Bruce Strumpf, Inc. 314 S. Missouri Ave., Clearwater FL 33756 813 449-2020; FAX: 813 449-2212 Email: jillstrupf@brucestrumpf.com Web Site: www.brucestrumpf.com Contacts: Bruce Strumpf, Pres./CEO; Jill Strumpf, VP, Prop. Mgt. Total Sq. Ft. under Mgt. 1997: 3,552,308 Fee Managed 1997: 100% Sq. Ft.: 3,552,308 Type Property under Mgt.: Office - 4% Retail - 96% Rank = [135] SqFt: 3,500,000

Transpacific Development Co. 2377 Crenshaw Blvd., Ste. 300, Torrance CA 90501 310 618-3600; FAX: 310 782-8428 Web Site: www.transdevco.com Contacts: Thomas G. Irish, Pres.; Martin J. Chursh and Alan J. Pyenson, VPs, Prop. Mgt./Mktg.; W. Randall Boggan, CFO Total Sq. Ft. under Mgt. 1997: 3,500,000 Fee Managed 1997: 6% Sq. Ft.: 200,000 Type Property under Mgt.: Office - 100% Rank = [136] SqFt: 3,465,000

Chase Properties 25825 Science Park Dr., #355, Beachwood OH 44122 216 464-6626; FAX: 216 464-6346 Contacts: Stuart F. Kline, Mng. Ptnr.; Harvey A. Tesler, Dir. of Opers.; David A. Palchesko, Dir. of Acquisitions Total Sq. Ft. under Mgt. 1997: 3,465,000 Type Property under Mgt.: Rank = [137] SqFt: 3,400,000

Morlin Management Corp. 444 S. Flower St., #500, Los Angeles CA 90071 213 622-4442; FAX: 213 622-6491 Contacts: J. Randall Moore, Pres./CEO Total Sq. Ft. under Mgt. 1997: 3,400,000 Fee Managed 1997: 100% Sq. Ft.: 100 Type Property under Mgt.: Office - 65% Industrial - 29% Retail - 6% Rank = [138] SqFt: 3,389,000

Robert B. Aikens & Associates, L.L.C. 2690 Crooks Rd., Ste. 400, Troy MI 48312 248 362-1370; FAX: 248 362-0614 Contacts: Patrick J. Finerty, Pres./CEO; James L. Fielder, VP, Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 3,389,000 Type Property under Mgt.: Office - 100% Rank = [139] SqFt: 3,350,000

Lone Star Equities, Inc. 211 Broadway, Lynbrook NY 11563 516 599-3700; FAX: 516 599-0992 Contacts: Daniel E. Wiener, Pres./CEO; Gilda Podber, VP Property Mgt.; Louis Wiener, VP Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 3,350,000 Fee Managed 1997: 30% Type Property under Mgt.: Office - 10% Industrial - 2% Multifamily - 89% Rank = [140] SqFt: 3,342,945

Signature Associates, Inc. - ONCOR Int'l AMO$$ One Towne Sq., 12th Fl., Southfield MI 48076 248 948-9000; FAX: 248 948-5040 Email: info@signatureassociates.com Web Site: http://www.signatureassociates.com Contacts: Steven G. Gordon, Pres./CEO; Gary T. Gardell, Dir., Property/Asset Mgt.; Diane Engardio, Dir., Mktg. Total Sq. Ft. under Mgt. 1997: 3,342,945 Fee Managed 1997: 100% Sq. Ft.: 3,342,945 Type Property under Mgt.: Office - 16% Industrial - 80% Retail - 4% Rank = [141] SqFt: 3,300,000

Cooper/CSS Hotels 1407 Union Ave., Ste. 400, Memphis TN 38104 901 725-9631; FAX: 901 274-9169 Contacts: Irby Cooper, Chrm.; Pace Cooper, Pres.; Glen Stanton, VP Opers., Cooper Hotels; Russ Hanover, Dir. of Opers., CSS Hotels; Raymond Shainberg, Ptr., CSS Hotels Total Sq. Ft. under Mgt. 1997: 3,300,000 Fee Managed 1997: 5% Sq. Ft.: 165,000 Type Property under Mgt.: Office - 6% Multifamily - 3% Hotel - 91% Rank = [142] SqFt: 3,204,000

Newcastle Properties, LLC 333 Skokie Blvd., Suite 101, Northbrook IL 60062 847 480-9700; FAX: 847 480-9703 Contacts: James Devine, John Gross, Herbert Sywitz and Mitchell Saywitz, Principals; Michael Horne, VP/Dir. of Leasing; Richard Allen and Judy Ruffolo, VP/Mgt. Total Sq. Ft. under Mgt. 1997: 3,204,000 Fee Managed 1997: 20% Sq. Ft.: 640,000 Type Property under Mgt.: Office - 7% Retail - 93% Rank = [143] SqFt: 3,150,000

Zell Commercial Real Estate Services, Inc. 5343 N. 16th St., Ste. 290, Phoenix AZ 85016 602 248-0600; FAX: 602 248-0501 Contacts: Alan L. Zell, Pres./CEO Total Sq. Ft. under Mgt. 1997: 3,150,000 Fee Managed 1997: 100% Sq. Ft.: 3,150,000 Type Property under Mgt.: Retail - 100% Rank = [144] SqFt: 3,000,000

Alden Management Group 120 Newport Center Dr., #100, Newport Beach CA 92660 714 640-5524; FAX: 714 640-5527 Email: zimbaldi@concentric.net Web Site: aldengroup.com Contacts: Andrew R. Zimbaldi, Pres./CEO; Mohammed Baghdadi, V.P. Property Mgt.; Keith Kropfl, V.P. Mktg./Corp. Comm.; Richard Saeker, V.P. Asset Mgt. Total Sq. Ft. under Mgt. 1997: 3,000,000 Fee Managed 1997: 100% Sq. Ft.: 3,000,000 Type Property under Mgt.: Rank = [145] SqFt: 3,000,000

Cauwels & Associates Inc. AMO$$ 1116 Pennsylvania, Alburqueque NM 87110 505 266-5711; FAX: 505 255-9922 Contacts: Paul Cauwels, Pres.; Howard McCreary, Dir. of Property Mgt. (Commercial); Chandra Stafford Drakell, Mktg. Dir.; Corke Pospisal, Dir. of Property Mgt. (Multifamily); Tish Silva, Dir. of Property Mgt. (Association/Multi Residential) Total Sq. Ft. under Mgt. 1997: 3,000,000 Fee Managed 1997: 75% Sq. Ft.: 2,250,000 Type Property under Mgt.: Office - 14% Industrial - 3% Multifamily - 42% Other - Association/Multi residential - 42% Rank = [146] SqFt: 3,000,000

R. W. Selby & Co. 11661 San Vicente Blvd., Los Angeles CA 90049 310 820-8180; FAX: 310 826-0448 Contacts: Steven K. Fowlkes, Pres./CEO; Richard W. Selby, Chm.; Jeff Mazzarella, VP/Asset Mgt. Total Sq. Ft. under Mgt. 1997: 3,000,000 Type Property under Mgt.: Rank = [147] SqFt: 2,930,000

JD Property Management, Inc. 3520-B Cadillae Ave., Costa Mesa CA 92626 714 751-2787; FAX: 714 751-0126 Email: jdemail@jdproperty.com Web Site: www.jdproperty.com Contacts: Joseph De Carlo, Pres./CEO; Dean Duncan, VP Property Mgt.; Julie Shafii, VP Mktg./Corp. Comm.; Christine Palme, VP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 2,930,000 Fee Managed 1997: 95% Sq. Ft.: 2,783,500 Type Property under Mgt.: Office - 9% Industrial - 3% Multifamily - 81% Retail - 7% Rank = [148] SqFt: 2,890,000

Buckingham Mgt. LLC 127 E. Michigan St., 6th FL, Indianapolis IN 46204 317 974-1234; FAX: 317 974-1242 Contacts: Bradley B. Chambers, Pres./CEO; Belenda M. MacFarland, CPM Total Sq. Ft. under Mgt. 1997: 2,890,000 Fee Managed 1997: 50% Sq. Ft.: 1,445,000 Type Property under Mgt.: Multifamily - 100% Rank = [149] SqFt: 2,880,000

Intervest Property Mgt. Inc. 2201 Dupont Drive, Suite 300, Irvine CA 92612 714 833-1554; FAX: 714 833-7853 Contacts: David K. Lamb and Mehrdal Rassekh, Pres./CEO; John Minar, VP Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 2,880,000 Fee Managed 1997: 0% Sq. Ft.: 65,000 Type Property under Mgt.: Industrial - 2% Multifamily - 98% Rank = [150] SqFt: 2,800,000

Pegasus Group 1148 Alpine, Walnut Creek CA 94596 510 930-0810; FAX: 510 256-0300 Web Site: www.selfstorage.net Contacts: Dwight Davis and William Schmicker, Pres./CEO; Alan Gamache, VP Prop. Mgt.; Tony Sherman, VP Mktg./Corp. Comm.; Margaret Martin, VP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 2,800,000 Fee Managed 1997: 20% Sq. Ft.: 560,000 Type Property under Mgt.: Other - Self Storage - 90% Rank = [151] SqFt: 2,650,554

Kossman Development Co. Eleven Parkway Ctr., Ste. 300, Pittsburgh PA 15239 412 921-6100; FAX: 412 921-0913 Email: kossman@kossman.com Web Site: kossman Total Sq. Ft. under Mgt. 1997: 2,650,554 Type Property under Mgt.: Office - 20% Retail - 78% Hotel - 2% Rank = [152] SqFt: 2,650,000

Kossman Realty Co. Eleven Parkway Ctr., Ste. 300, Pittsburgh PA 15220 412 921-6100; FAX: 412 921-0913 Email: kossman@kossman.com Web Site: kossman.com Contacts: W. Anthony Dunn, Pres./CEO; Al Corona, VP Property Mgt. Total Sq. Ft. under Mgt. 1997: 2,650,000 Type Property under Mgt.: Office - 20% Retail - 80% Rank = [153] SqFt: 2,598,000

The John Akridge Companies 601 13th St., NW, Ste. 300N, Washington DC 20005 202 638-3000; FAX: 202 347-8043 Email: jaco_service@ackridge.com Contacts: John E. Akridge, III, Pres./CEO; Mary J. Arthur, SrVP, Prop. Mgt.; Amy S. McBroom, VP, Comm.; Alan W. Wasserbach, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 2,598,000 Fee Managed 1997: 28% Sq. Ft.: 736,000 Type Property under Mgt.: Office - 100% Rank = [154] SqFt: 2,500,000

The Hayman Co. 5700 Crooks Rd., Ste. 400, Troy MI 48098 248 879-7777; FAX: 248 879-2430 Contacts: Stephen Hayman, Pres./CEO; Alan Hayman, Sec./Tres.; Andrew Hayman, VP Finance; Peter Ulrich, VP Pres. Corp. Svcs.; Neal Higgins, VP Acquisitions Total Sq. Ft. under Mgt. 1997: 2,500,000 Fee Managed 1997: 20% Type Property under Mgt.: Rank = [155] SqFt: 2,374,129

Borelli Investment Co. 1798 Technology Dr., Ste. 200, San Jose CA 95110-1306 408 453-4700; FAX: 408 453-5636 Web Site: www.borelli-inv.com Contacts: Ralph Borelli, Pres./CEO; Monte Pasquinelli, VP Property/Asset Mgt.; Terri Filice, VP Mktg./Corp. Comm Total Sq. Ft. under Mgt. 1997: 2,374,129 Fee Managed 1997: 70% Sq. Ft.: 1,654,442 Type Property under Mgt.: Office - 26% Industrial - 58% Multifamily - 4% Retail - 10% Other - Medical - 2% Rank = [156] SqFt: 2,314,673The Bonner Group, Inc. 8647 Wurzbach, B ldg. L, San Antonio TX 78240 210 697-9800; FAX: 210 697-8338 Contacts: Blake M. Bonner, Pres./CEO; Lynn C. Hillin, VP, Property Mgt.; Vicki L. Cade, VP, Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 2,314,673 Fee Managed 1997: 100% Sq. Ft.: 2,314,673 Type Property under Mgt.: Office - 43% Industrial - 3% Multifamily - 19% Retail - 35% Rank = [157] SqFt: 2,250,000

Marshall & Moran, Inc. One Madison Ave., Morristown NJ 07960 973 540-0230; FAX: 973 292-9377 Contacts: Paul Marshall, Pres./CEO; Angelo Sciortino, VP Prop. Mgt.; William Moran, VP Mktg./Corp. Comm. and VP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 2,250,000 Fee Managed 1997: 83% Sq. Ft.: 1,900,000 Type Property under Mgt.: Office - 9% Multifamily - 80% Retail - 10% Other - Seniors Housing - 1% Rank = [158] SqFt: 2,153,957

Paul Hemmer Construction Co. 250 Grandview Dr., Ste. 400, P.O. Box 17310, Fort Mitchell KY 41017 606 341-8300; FAX: 606 341-6817 Email: paulhemmer.com Web Site: www.paulhemmer.com Contacts: Paul W. Hemmer, Jr., Pres.; Jon J. Hemmer, VP of Dev.; Jack Levermann, Mktg. Mgr.; Barry G. Kienzle, VP of Fin. & Admin. Total Sq. Ft. under Mgt. 1997: 2,153,957 Fee Managed 1997: 4% Sq. Ft.: 76,255 Type Property under Mgt.: Office - 23% Industrial - 77% Rank = [159] SqFt: 2,150,000

Commercial Condominium Mgt. 8456-A Tyco Rd, Vienna VA 22182 703 448-6900; FAX: 703 893-5843 Contacts: John R. Motz, Pres./CEO and Property Mgt. Total Sq. Ft. under Mgt. 1997: 2,150,000 Fee Managed 1997: 100% Sq. Ft.: 2,150,000 Type Property under Mgt.: Office - 40% Industrial - 60% Rank = [160] SqFt: 2,145,000

Plaza Las Americas, Inc. P.O. Box 363268, San Juan PR 00936-3268 Contacts: Jaime Fonalledas, Esq., Pres.; Gladys Torres-Vega, Esq., VP Prop. Mgt.; Janine Fonalledas, VP Mkgt./Corp. Comm.; Milton Rua, VP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 2,145,000 Type Property under Mgt.: Office - 7% Retail - 93% Rank = [161] SqFt: 2,100,000

Summit Management & Realty Co 968 Postal Rd., Ste. 300, Allentown PA 18103 610 264-0200; FAX: 610 264-7148 Email: summit@summitMRC.com Web Site: www.summitmrc.com Contacts: Frank T. Smith, Pres./CEO; John Crampsie, VP Property Mgt. Total Sq. Ft. under Mgt. 1997: 2,100,000 Fee Managed 1997: 100% Sq. Ft.: 2,100,000 Type Property under Mgt.: Office - 62% Industrial - 33% Retail - 5% Rank = [162] SqFt: 2,069,228

The Allen Morris Co. 1000 Brickell Ave., Suite 1200, Miami FL 33131 305 358-1000; FAX: 305 577-0978 Web Site: www.allenmorris.com Contacts: W. Allen Morris, Pres./CEO; Paul L. White, Sr. VP; Dale I. Graham, Sr. VP Total Sq. Ft. under Mgt. 1997: 2,069,228 Fee Managed 1997: 50% Sq. Ft.: 1,050,000 Type Property under Mgt.: Rank = [163] SqFt: 2,000,000

McDonald Development Co. 3715 Northside Pkwy, Bldg 300, Ste. 650, Atlanta GA 30327 404 239-0885; FAX: 404 239-0877 Contacts: John McDonald, Pres./CEO; Susan Melton, VP Property Mgt.; Tracy White, VP Mktg./Corp. Comm.; Bob McLeod, VP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 2,000,000 Type Property under Mgt.: Industrial - 97% Retail - 3% Rank = [164] SqFt: 1,813,635

Boldt Development Corp. 10201 Innovation Dr., Ste. 600, Milwaukee WI 53226-4822 414 443-0700; FAX: 414 443-1400 Email: bdc@boldt.com Web Site: boldtdev.com Contacts: Mark F. Irgens, Pres./CEO; John McGregor, V.P. Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 1,813,635 Fee Managed 1997: 96% Sq. Ft.: 1,747,235 Type Property under Mgt.: Office - 37% Industrial - 25% Other - Medical Office - 36% Rank = [165] SqFt: 1,794,000

GJ Property Services, Inc 4201 Long Beach Blvd #306, Long Beach CA 90807 562 595-6661; FAX: 562 595-9806 Contacts: Don Johnson, Pres./CEO; Robert Holmes, VP Property Mgt.; Geogrey Payne, VP Mktg./Corp. Comm.; Gene Johnson, Chrm. Total Sq. Ft. under Mgt. 1997: 1,794,000 Fee Managed 1997: 100% Sq. Ft.: 1,794,000 Type Property under Mgt.: Office - 15% Multifamily - 77% Retail - 3% Other - Boat Slips - 5% Rank = [166] SqFt: 1,726,164

The J.S. Proctor Co. 1610 East Morehead St., P.O. Box 6125, Charlotte NC 28207 704 372-0847; FAX: 704 333-0893 Contacts: John S. Proctor, Jr., Pres.; Francis C. Proctor, Jr., CEO; Greg Proctor, VP Property Mgt Total Sq. Ft. under Mgt. 1997: 1,726,164 Fee Managed 1997: 66% Sq. Ft.: 1,155,144 Type Property under Mgt.: Rank = [167] SqFt: 1,674,590

Inn Suites Hotels 1615 E. Northern Ave., Ste. 105, Phoenix AZ 85020 602 944-1500; FAX: 602 678-0281 Email: isphoenix@attmail.com Web Site: www.innsuites.com Contacts: James Wirth, Pres./CEO Total Sq. Ft. under Mgt. 1997: 1,674,590 Fee Managed 1997: 0% Sq. Ft.: 0 Type Property under Mgt.: Hotel - 100% Rank = [168] SqFt: 1,500,000

The Hausman Companies 2101 Richmond Rd, Beachwood OH 44122 216 464-5900; FAX: 216 464-3128 Email: hausmanco@aol.com Contacts: Norman B. Krone, Pres./CEO; David A. Krone, VP; Randall J. Goodman, VP Total Sq. Ft. under Mgt. 1997: 1,500,000 Fee Managed 1997: 100% Sq. Ft.: 1,500,000 Type Property under Mgt.: Retail - 100% Rank = [169] SqFt: 1,500,000

Korman/Lederer Management Co. 3100 Dundee Suite 115, Northbrook IL 60062 847 498-1000; FAX: 847 205-9723 Contacts: Les Korman, Pres.; Billk Lederer, VP Total Sq. Ft. under Mgt. 1997: 1,500,000 Fee Managed 1997: 10% Sq. Ft.: 600,000 Type Property under Mgt.: Rank = [170] SqFt: 1,450,000

Rauch, Weaver, Millsaps Property Managment, Inc 871 E. Commerical Blvd., Fort Lauderdale FL 33334 954 771-4400; FAX: 954 771-4537 Email: shelbygs@aol.com Contacts: Randy Rauch, Pres./CEO; Shelby Smith, VP Property Mgt. Total Sq. Ft. under Mgt. 1997: 1,450,000 Fee Managed 1997: 80% Sq. Ft.: 1,160,000 Type Property under Mgt.: Office - 34% Industrial - 41% Multifamily - 3% Retail - 22% Rank = [171] SqFt: 1,240,000

Trans American Management Corp. 4141 N. Henderson Rd., Ste. 8, Arlington VA 22203 703/527-5200; FAX: 703/527-3700 Contacts: Arthur L. Walters, Pres./CEO; David L. Stanciu, VP, Property Mgt.; Michael W. Jones, VP, Mktg./Corp. Comm.; Thomas J. Goodfellow, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 1,240,000 Fee Managed 1997: 60% Sq. Ft.: 625,000 Type Property under Mgt.: Rank = [172] SqFt: 1,200,000

Isaac Commercial Properties, Inc./NAI 870 Corporate Dr., Ste. 402, Lexington KY 40503 606 224-2000; FAX: 606 224-0848 Email: 103116.543@compuserve.com Web Site: http://www.newamerica.com/icp Contacts: Al Isaac, Pres./CEO; Anne Kilcoyne, VP, Prop. Mgt.; Paul Ray Smith, Jr., Exec. VP; Bruce Isaac, VP Total Sq. Ft. under Mgt. 1997: 1,200,000 Fee Managed 1997: 62% Sq. Ft.: 744,000 Type Property under Mgt.: Office - 19% Industrial - 6% Multifamily - 74% Rank = [173] SqFt: 1,150,000

American Nevada Corp. 901 N. Green Valley Parkway, #200, Henderson NV 89014 702 458-8855; FAX: 702 435-6605 Contacts: Eric "Tony" Traub, Pres./CEO; Ingrid Mosley, VP, Property Mgt.; David Olson, SrVP, Mktg.; Sullivan Richardson, CFO Total Sq. Ft. under Mgt. 1997: 1,150,000 Type Property under Mgt.: Office - 32% Multifamily - 23% Retail - 35% Hotel - 10% Rank = [174] SqFt: 1,150,000

Commercial Investment Properties, Inc. 1600 Valley River Drive, Ste. 160, Eugeue OR 97401 541 686-8080; FAX: 541 484-2344 Contacts: Rick Le Brun, CPM,CCIM, and Pres.; B.V. McCabe, VP Total Sq. Ft. under Mgt. 1997: 1,150,000 Fee Managed 1997: 100% Sq. Ft.: 1,150,000 Type Property under Mgt.: Office - 46% Industrial - 5% Retail - 49% Rank = [175] SqFt: 1,120,578

Centennial Management Corp. 12120 Sunset Hills Rd., Ste. 100, Reston VA 20190 703 904-0100; FAX: 703 904-0050 Contacts: Ronald Mangas, Pres.; Christopher S. Smith, Sr. Asset Mgr.; Andre R. Kinney, Sr. Asset Mgr.; Christopher A. Sowick, Sr. VP Bkrg Svcs. Total Sq. Ft. under Mgt. 1997: 1,120,578 Fee Managed 1997: 100% Sq. Ft.: 1,120,578 Type Property under Mgt.: Rank = [176] SqFt: 1,100,000

Adwon Realty Box 52099, Tulsa OK 74152-0099 918 749-7966; FAX: 918 749-9701 Contacts: Joe Adwon, Pres. Total Sq. Ft. under Mgt. 1997: 1,100,000 Type Property under Mgt.: Retail - 100% Rank = [177] SqFt: 1,000,000

Equity Directions Inc. 77564 Country Club Drive Suite 100, Palm Desert CA 92211 760 360-8001; FAX: 760 360-0290 Contacts: Dennis French, Pres./CEO Total Sq. Ft. under Mgt. 1997: 1,000,000 Type Property under Mgt.: Rank = [178] SqFt: 939,209

Colliers Lehrer International, Inc. 4850 West Prospect Rd., Fort Lauderdale FL 33309 954 731-6000; FAX: 954 735-7528 Email: dpage@clehrer.com Web Site: www.colliers.com Contacts: Paul Lehrer, Pres./CEO & VP Property Mgt.; Deborah Page, Research & Marketing Dir. Total Sq. Ft. under Mgt. 1997: 939,209 Fee Managed 1997: 100% Sq. Ft.: 939,209 Type Property under Mgt.: Office - 29% Industrial - 66% Retail - 10% Rank = [179] SqFt: 932,964

Oxford Commercial, Inc. 1500 Nations Bank Tower; 515 Congress Ave., Austin TX 78701 512 458-8100; FAX: 512 477-3037 Email: propmgmt@oxfordcommercial.com Web Site: www.oxforcommercial.com Contacts: Michael Tipps, Pres./CEO; R. Spencer Hayes, VP Property Mgt.; Robert Wynn, VP Mktg./Corp. Comm.; Diana Barbour, VP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 932,964 Fee Managed 1997: 100% Sq. Ft.: 932,964 Type Property under Mgt.: Office - 40% Industrial - 50% Retail - 10% Rank = [180] SqFt: 853,339

Gold & Company, Inc. 312 Boulevard of the Allies, Pittsburgh PA 15222-1916 412 471-4455; FAX: 412 471-2347 Email: goldandco@goldandcompany.com Web Site: www.goldandcompany.com Contacts: Sanford B. Gold, Pres./CEO; Lydia A. LaBella, VP Property Mgt. Total Sq. Ft. under Mgt. 1997: 853,339 Fee Managed 1997: 100% Sq. Ft.: 853,339 Type Property under Mgt.: Office - 38% Industrial - 49% Retail - 13% Rank = [181] SqFt: 850,000

The Loughlin Mgt. Group, Inc. 1300Mercantile Lane, Suite 139, Landover MD 20785 301 459-4151; FAX: 301 459-0048 Email: louglin@bellatlantic.net Contacts: David P. Loughlin, Pres./CEO Total Sq. Ft. under Mgt. 1997: 850,000 Fee Managed 1997: 100% Sq. Ft.: 850,000 Type Property under Mgt.: Office - 45% Industrial - 37% Retail - 18% Rank = [182] SqFt: 667,000

Bryant Development Corp., Inc. 2900 Westchester Ave., Purchase NY 10577 914 701-4300; FAX: 914 251-1787 Contacts: Andrew B. Hascoe, Pres./CEO; Daniel Weinreb, SrVP; Sheila DuPell, VP, Mktg./Corp. Comm.; Denis Brauchle, VP, Asset Mgt. Total Sq. Ft. under Mgt. 1997: 667,000 Type Property under Mgt.: Retail - 100% Rank = [183] SqFt: 600,000

JLS Properties, Inc. 1821 Summit Road, Suite 001, Cincinnati OH 45237 513 821-1533; FAX: 513 679-4696 Contacts: John Stalnaker, Pres./CEO Total Sq. Ft. under Mgt. 1997: 600,000 Type Property under Mgt.: Rank = [184] SqFt: 500,000

Anderson Management Co. 1125 S. Rock Road, Wichita KS 67207 316 681-1711; FAX: 316 681-3127 Contacts: Keith L. Anderson, Pres./CEO; Ross G. Way, V.P. Property Mgt,Mktg/Corp. Comm; Norman P. Foster, V.P. Asset Mgt. Total Sq. Ft. under Mgt. 1997: 500,000 Fee Managed 1997: 25% Sq. Ft.: 125,000 Type Property under Mgt.: Office - 25% Industrial - 75% Rank = [185] SqFt: 500,000

Grubb Management, Inc. 2100 Rexford Rd., Ste. 215, Charlotte NC 28211 704 366-3741; FAX: 704 366-6177 Web Site: www.grubbmanagement.com Contacts: R. Gordon Grubb, Pres./CEO; Sal Commarata, Prop. Mgt.; W. Clay Grubb, VP Asset Mgt. Total Sq. Ft. under Mgt. 1997: 500,000 Fee Managed 1997: 0% Type Property under Mgt.: Office - 100% Multifamily - 89% Rank = [186] SqFt: 337,430

The Gialamas Co. 8000 Excelsior Dr., Madison WI 53717 608 836-8000; FAX: 608 836-7863 Email: george@gialamas.com Web Site: www.gialamas.com Contacts: George Gialamas, Pres./CEO; Candy Gialamas, VP, Mktg./Corp. Comm. Total Sq. Ft. under Mgt. 1997: 337,430 Type Property under Mgt.: Office - 75% Retail - 25% Rank = [187] SqFt: 300,000

Auerbach Associates, Inc. 169 Lincoln Rd., Ste. 224, Miami Beach FL 33139 305 672-0492 Contacts: Stuart Auerbach, Pres./CEO Total Sq. Ft. under Mgt. 1997: 300,000 Fee Managed 1997: 100% Sq. Ft.: 300,000 Type Property under Mgt.: Retail - 100% Rank = [188] SqFt: 250,000

J. C. Ainsworth Property Mgt. 295 Lathrop Lane, Grants Pass OR 97526 541 474-2674 Total Sq. Ft. under Mgt. 1997: 250,000 Fee Managed 1997: 98% Sq. Ft.: 245,000 Type Property under Mgt.: Multifamily - 50% Retail - 2% Other - Single Family Homes - 48% Rank = [189] SqFt: 215,000

Fieldman Realty Inc. 1304 Gemini Circle, Ottawa IL 61350 815 434-0706; FAX: 815 434-3560 Contacts: Wayne L. Fieldman, Pres./CEO Total Sq. Ft. under Mgt. 1997: 215,000 Type Property under Mgt.: Office - 12% Retail - 88% Rank = [190] SqFt: 200,000

RN Development 4800 Maryland Parkway, Las Vegas NV 89119 702 739-7883; FAX: 702 736-7209 Contacts: Laurence Friedman, Gen. Ptnr. Total Sq. Ft. under Mgt. 1997: 200,000 Type Property under Mgt.: Industrial - 40% Multifamily - 10% Retail - 50% Rank = [191] SqFt: 194,000

TQM Property Management, Inc. 100 Overlook Center, Ste. 103, Princeton NJ 08540 609 452-0800; FAX: 609 452-0266 Email: thomtone@aol.com Contacts: Winn Thompson, Pres./CEO Total Sq. Ft. under Mgt. 1997: 194,000 Fee Managed 1997: 23% Sq. Ft.: 44,000 Type Property under Mgt.: Rank = [192] SqFt: 147,000

The Berkshire Co. 1000 Executive Pkwy, Ste. 232, St. Louis MO 63141 314 205-1177; FAX: 314 205-1057 Contacts: James J. Welch, CPM, Pres./CEO; Patrick Rodriquez, Gregory J. Welch, VPs, Prop. Mgt.; Julie Graziano, VP, Mktg./Corp. Comm; Joyce Cottner, VP, Asset Mgt.; Joe Hilsman, VP, Design & Const. Total Sq. Ft. under Mgt. 1997: 147,000 Fee Managed 1997: 56% Sq. Ft.: 1,869 Type Property under Mgt.: Rank = [193] SqFt: 140,000

David Buxton Financial Corp. 3440 Lomita Blvd., Ste. 425, Torrance CA 90505 310 534-2690; FAX: 310 534-2694 Contacts: David E. Buxton, Pres./CEO; Paula C. Fisher, V.P. Property Mgt. Total Sq. Ft. under Mgt. 1997: 140,000 Type Property under Mgt.: Office - 100% Rank = [194] SqFt: 100,000

A-1 Property Management & Investments , P.O. Box 31722, San Francisco CA 94131 650 359-3609; FAX: 650 359-8424 Contacts: Tod M. Schlesinger, Pres./CEO Total Sq. Ft. under Mgt. 1997: 100,000 Fee Managed 1997: 100% Sq. Ft.: 100,000 Type Property under Mgt.: Multifamily - 100% Rank = [195] SqFt: 20,800

Prime Hospitality Corp. 700 Rt 46 East, Fairfield NJ 07004 973 882-1010; FAX: 973 882-7611 Contacts: David Simon, Pres./CEO; Paul Hower, EVP/Operations; Timothy Alto, SVP/Development; John Elwood, CFO/EVP Finance Total Sq. Ft. under Mgt. 1997: 20,800 Fee Managed 1997: 4% Type Property under Mgt.: Retail - 100% Rank = [196] SqFt: 5

DBIC Property Management, Inc. 100 Conti St., New Orleans LA 70130 504 581 4082; FAX: 504 581-7923 Contacts: Arnold S. Cooper, Pres./CEO Total Sq. Ft. under Mgt. 1997: 5 Fee Managed 1997: 82% Sq. Ft.: 474,000 Type Property under Mgt.: Office - 8% Retail - 92%

Aronov Realty Management Corp. - 40 Associated Estates Realty Corp. - 45 Binswanger/Chesterton Blumenauer Binswanger - 17 The John Buck Co. - 48 CarrAmerica Realty Corp. - 34 Carter & Associates/Oncor - 44 CB Commercial/Koll Management Svcs. - 2 CBL & Associates Properties Inc. - 32 Compass Managment & Leasing - 7 ConAm Management Corp. - 24 Trammell Crow Co. - 3 Cushman & Wakefield - 5 Edward Rose Building Enterprise - 29 Eugene Burger Management Corp. - 37 Faison - 15 Forest City Management Inc. - 22 General Growth Properties Inc. - 11 Grubb & Ellis Management Svcs. - 10 Heitman Properties Ltd. - 13 Hines - 14 Holiday Retirement Corp. - 50 IDI Services Group Inc. - 46 The Inland Property Mgt. Group - 35 Insignia Financial Group Inc. - 1 JPI - 49 The Richard E. Jacobs Group - 25 The L&B Group - 36 LaSalle Partners - 6 LEDIC Management Group - 33 Legum & Norman Realty Inc. - 30 Lexford Properties Inc. - 26 Lincoln Property Co. - 4 Maguire Partners - 41 New Plan Realty Trust - 27 PM Realty Group - 9 Prentiss Properties Trust - 21 Realty Investments - 20 The Regional Group of Cos. Inc. - 28 The RREEF Funds - 12 Sares-Regis Group - 38 Sentinel Real Estate Corp. - 18 Simon DeBartolo Group - 8 Spaulding and Slye - 47 TAC - 42 The Taubman Co. - 31 Towne Properties Asset Mgmt. Co. - 43 Transwestern Property Co. - 23 TrizecHahn Corp. - 16 Urban Retail Properties Co. - 19 Weingarten Realty Investors - 39