Pacific Security Capital Promotes CFO, Dan Ferris, To Chief Operating Officer

Beaverton, OR, April 6, 2006 — http://www.pacificsecuritycapital.com - Pacific Security Capital, a vertically integrated real estate services company, today announced the promotion of CFO, Dan Ferris, to Chief Operating Officer.

Ferris will assume both roles, CFO and COO, and will be responsible for overseeing the operations of Pacific Security Capital’s core business units:

• Advisory Services
• Capital Markets Services
• Development Services
• Investment Sales/Asset Management

“Dan Ferris has been an integral part of our success,” said Mark Rockwell, CEO of Pacific Security Capital, “his tenured financial operations background makes him the perfect candidate for assuming both the CFO and COO roles.”

Ferris joined Pacific Security Capital in late 2004 as the Chief Financial Officer (CFO). Ferris previously held senior finance positions for companies such as Harsch Investment Properties, Trammell Crow, and Catellus Development Corporation.

In addition to holding his CPA designation, Ferris has a B.S. in Accountancy from the University of Illinois and is a member of the AICPA.

“This is a very exciting time for Pacific Security Capital,” said Ferris. “We have structured our comprehensive service offerings to provide our clients a competitive advantage in their markets. The expertise of our seasoned team allows us to apply several varying skill sets to our client’s real estate needs.”

To learn more about Pacific Security Capital’s core areas of expertise in Advisory Services, Capital Markets, Development Services and Investment Sales, please visit www.PacificSecurityCapital.com or call 1-800-844-6085.