FRASER FORBES CLOSES 2005 WITH RECORD-SETTING TRANSACTIONS - OVER $416 MILLION
McLean, VA - January 6, 2006 - Fraser Forbes Company announces closing over $416 million for year 2005. This year-end total represents over 60 residential land projects, approximately 5000 residential lots, and over 500,000 square feet of office and retail land.
2005 was a banner year for Fraser Forbes Company’s expansion in real estate brokerage and related services. As in 2004, we continued to offer and refine our Residential Land Brokerage Services as well as our Planning and Real Estate Development Consulting Services. New areas we are now serving and advising our clients include Land Banking and Speculation, Commercial Real Estate Sales, Commercial Property Consolidations, and Relocations to Residential Use.
Fraser Forbes Company, LLC, founded in 1995, specializes in services associated with the acquisition and disposition of land for residential, mixed-use and commercial opportunities. Corporate services include the representation of private and institutional property owners, advising on relocation and redevelopment 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 throughout the Mid-Atlantic region.
With 20 licensed agents in Maryland, Virginia, The District of Columbia and Pennsylvania, the firm's diversity and experience enables it to handle any brokerage needs. Since 1995, Fraser Forbes Company, LLC, has brokered over $2 billion in transactions.