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Apr 20,2009

ABM Industries and Behringer Harvard Announce Strategic Property Management Agreement

NEW YORK & DALLAS, Apr 20, 2009 (BUSINESS WIRE) -- ABM Industries Incorporated (NYSE: ABM) and Behringer Harvard today announced an agreement under which ABM Engineering Services will provide, on an ongoing basis, a range of engineering, maintenance and consulting services for Behringer Harvard's commercial office property holdings. ABM, through its subsidiaries such as ABM Engineering Services, is one of the United States' leading facility services contractors.

Behringer Harvard is a Dallas-based commercial real estate company that creates and manages strategic real estate fund opportunities across a wide spectrum of investment styles for retail investors, as well as domestic and international institutions. Behringer Harvard manages more than $6 billion of commercial property.

"We believe that ABM offers the right solutions for our tenants and the maintenance of our commercial office real estate," said Gerald Oliver, senior vice president of property management services for Behringer Harvard. "Through ABM's high-quality approach to engineering services, we expect to enhance our ability to provide services for our tenants. ABM's cost-conscious method of operation is especially important as the national economy grapples with its current challenges."

Jason Mattox, chief administrative officer for Behringer Harvard, said, "Partnering with ABM Engineering is expected to improve our competitiveness by giving us affordable access to the skills, talent and resources we will need going forward to effectively and efficiently operate our properties and continue to meet the needs of our tenants."

Scope of Services to be Provided by ABM Engineering

Under the terms of the agreement, ABM will help implement consistent operating procedures across Behringer Harvard's commercial office property portfolio. ABM has begun conducting extensive technical and operational site reviews at Behringer Harvard's properties in order to identify cost savings and operational efficiencies.

The agreement will also give Behringer Harvard access to ABM Engineering Services' broad national engineering management support network and better pricing on supplies, services and other purchases through ABM's extensive network of national vendor contracts.

ABM also will provide skills training for engineers at the Behringer Harvard properties under contract and access to ABM's own skilled professionals, technical resources and library on preventive maintenance tasks. ABM also will employ a number of the skilled engineers currently supporting Behringer Harvard.

Mike Latham, president of ABM Engineering Services, said, "We are very excited to have the opportunity to work in such a close partnership with a leading and highly regarded commercial real estate company. We look forward to the opportunity to join together ABM's first-class engineers and expertise with Behringer Harvard's strong commitment to providing industry-leading service for its tenants."

About ABM Industries

ABM Industries Incorporated (NYSE:ABM), which operates through its subsidiaries (collectively "ABM"), is among the leading providers of facility services in the United States. With fiscal 2008 revenues in excess of $3.6 billion and more than 100,000 employees, ABM provides janitorial, facility, engineering, parking and security services for thousands of commercial, industrial, institutional and retail facilities across the United States, Puerto Rico and British Columbia, Canada. ABM's business services include ABM Janitorial Services; ABM Facility Services; ABM Engineering Services; Ampco System Parking; and ABM Security Services. For more information visit www.abm.com.

About Behringer Harvard

Behringer Harvard is a commercial real estate company investing in assets domestically and internationally. The company creates and manages strategic real estate fund opportunities across a wide spectrum of investment styles for retail investors, as well as domestic and international institutions, through its real estate investment trusts, partnerships, joint ventures and proprietary program structures. For more information, call toll-free 866.655.3600 or visit behringerharvard.com.

SOURCE: ABM Industries Incorporated

ABM Industries Incorporated
Tony Mitchell, 212-297-9828
Richards Partners for Behringer Harvard
Katie Myers, 214-891-5842

Copyright Business Wire 2009

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