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Fraser Forbes Announces Closing of $31 Million Transaction in the Columbia Pike Revitalization District in Arlington County, VA

11/1/2005

Arlington,VA - November 1, 2006 - Fraser Forbes Land Sales Specialist Dan Lockard and Sr. VP Mark Anstine announced the successful closings in October 2005 of an anchor property on the Columbia Pike, Arlington, Virginia, Revitalization District. Fraser Forbes thanks the two companies vital to the successful closing of these transactions: TCR Mid-Atlantic Properties, Inc. and Fairfield Residential, LLC. These transactions are a part of the area's new Form-Base Code zoning for development of mixed-use luxury condominiums and retail space.

Fraser Forbes Company, LLC, founded in 1995, specializes in land brokerage for residential, mixed-use and commercial opportunities. Corporate services include the representation of private and institutional property owners as well as serving the needs of the development and homebuilding industry. Fraser Forbes works with a full range of properties from raw land to redevelopment sites in suburban and urban areas.

With 18 licensed agents in Maryland, Virginia, The District of Columbia and Pennsylvania, the firm's diversity and experience enables them to handle any brokerage needs. Fraser Forbes Company, LLC, has brokered over $2 billion in transactions to date.

For additional information, please call Richard Samit at 703.790.9400.

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For additional information, please contact Rich Samit, CEO at rsamit@FraserForbes.com.