Article: Prime Group Realty Trust Announces 604,000 Square Feet of Industrial Leases And 250,000 Square Foot New Build to Suit.

CHICAGO, Jan. 27 /PRNewswire/ -- Prime Group Realty Trust (NYSE: PGE) (the "Company") announced today the signing of 604,000 square feet of industrial leases and plans to construct a 250,000 build-to-suit warehouse distribution facility. This announcement includes new leases of approximately 486,000 square feet and renewal leases of 118,000 square feet. These transactions increase the overall occupancy level of the Company's 6.1 million square foot industrial portfolio from 88.8 percent at the end of the third quarter of 1998 to 90.5 percent.

Commenting on the leases, Richard S. Curto, President and Chief Executive Officer stated, "These leases represent the ...

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