| For Immediate Release
             WENTZ
            GROUP IS AWARDED RREEF PROJECT IN IRVINE 
            Renovation will reposition a single
            tenant warehouse  
            into a multi-tenant facility  
            IRVINE, CA—(May 2, 2002).
            Wentz Group, a leading California-based general contractor for 28 years, has been awarded
            a contract by RREEF to renovate a single tenant warehouse to accommodate three new
            tenants. The project, located at 2102 Alton Parkway in Irvine, began earlier this month
            and completion is slated for June 2002.  
            Designed by DeRevere and Associates of
            Newport Beach, CA, the renovation will offer esthetic upgrades and modernization to the
            exterior elevation of the building. The single story, 91,000-square-foot industrial
            warehouse will receive new blue glass windows, new plaster skin and paint. A new entry
            with upgraded handicap ramps, stairs and handrails will be added. The entry will also be
            embellished with false columns made of copper-colored metal. A 60-car parking lot and
            upscale landscaping will also be added. In addition, two demising walls will be built to
            accommodate three separate tenants.  
            "I’ve had a long standing
            relationship with the Wentz Group and have always found their service and personnel to be
            exceptional," said Tony Vaccaro, director of field services for PRES Development and
            Construction Management Services, Inc. "I am not surprised that the RREEF renovation
            is off to a great start." 
            "This project is a continuation of the
            upgrading of older buildings that began in the Irvine industrial area over the past
            several years," says Brian Parno, vice president of Southern California for Wentz
            Group. "While the economy has slowed for new construction, this type of project
            continues to be in demand." 
            About Wentz Group 
            Wentz Group provides management,
            construction and engineering services for leading corporate users, real estate development
            firms and institutions with specific emphasis on hospitality projects, shopping centers,
            tenant improvements, office buildings, industrial facilities and distribution centers.
            Among the many projects currently being constructed is The Laguna Beach Colony, a
            275-room, Five-Star resort in Southern California. In Northern California, the firm is
            building Creekside Plaza, a 204,380-square-foot office development featuring a single
            four-story building with two, three-story buildings and a 63,882-square-foot parking
            structure located in the city of San Leandro.  
            Wentz Group prides itself on providing Five-Star
            People and Five-Star Service to its clients through extensive hands-on
            experience and principal involvement in every aspect of the construction project. 
            Wentz Group is a leader in its market areas and is ranked
            among the Top contractors in the nation in ENR's Top 400 Contractor's list. The company
            has its corporate office in San Carlos, California, and regional offices in Irvine,
            Sacramento and Livermore. For additional information, visit the Wentz Group Web site at www.wentzgroup.com. 
            For more information, contact: 
            Susan Slone 
            (650)801-1028 
            or susans@wentzgroup.com 
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