Premier Business Centers Renews Executive Suite Location in Frisco, Texas

Total Lease Value of over $1.8 Million

IRVINE, Calif., Dec. 17, 2008 — Irvine, California-based Premier Office Centers, LLC dba Premier Business Centers (http://www.pbcenters.com) has signed a lease renewal at Hall Office Park in Frisco, Texas. The lease is for 25,422 rentable square feet and has a total value of over $1.8 million.

Premier Business Centers’ most recent renewal is located at 2591 Dallas Parkway, Frisco, Texas. The location is currently open for business and consists of 101 offices, located in a Class “A” high-rise building in the heart of Frisco with beautiful lake views. The offices were remodeled in 2002, and further enhancements are scheduled for 2009. Improvements are planned for the common areas and conference rooms, including new paint, furnishings, and  state-of-the-art Video Conferencing equipment. The Hall Office Park is conveniently located on Dallas Parkway south of Warren Pkwy. The office park features lush landscaping, beautiful sculptures by local artists and walking trails near the ponds and between the buildings.

“We were very excited to have the opportunity to continue Premier Business Centers’ executive office suite, in what is one of the most prestigious Class A buildings in Frisco, Texas,” expressed Jeff Reinstein, Chief Executive Officer of Premier Business Centers. Amenities include restaurants on campus – Garden Burger, Subway, Express Fish, Antonio’s Pizza, and many more within 1 mile, The Dr. Pepper Ball Park and IKEA within .5 miles, and the Legacy Shops within 2 miles for fine dining, shopping and movies. Matthew Perry-Miller of Laughlin Commercial Realty Group represented Premier Business Centers in this transaction.

Premier Business Centers (http://www.pbcenters.com), is a wholly owned subsidiary of The Bascom Group, LLC (http://www.bascomgroup.com) and currently operates the largest privately owned executive suite operation in the United States with forty seven locations in California, Washington, and Texas. Premier Business Centers plans to continue to acquire and develop additional executive suite centers throughout the United States as opportunities arise. Premier Business Centers is a full-service executive suite operator and provides businesses with professionally staffed office space along with a variety of services, including: administrative/secretarial service, T1 high-speed Internet access, telephone service, furniture, information technology services/consulting and conference rooms on a full- or part-time basis.

For additional information regarding these transactions, please contact:

Jeffrey Reinstein, Chief Executive Officer
Premier Business Centers
2102 Business Center Drive
Irvine, CA
949.253.4147 Voice
949.253.4148 Fax

http://www.pbcenters.com

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