Fraser Forbes Closes First Transaction for Commercial Real Estate Division: $11.8 Million Transaction Value
4/1/2006
Fraser Forbes Company announce its first settlement of the newly formed Commercial Real Estate Division. Mark Anstine, Executive VP and John Giebel, First VP brokered the property known as Potomac Farms in Loudoun County. Potomac Farms is 67 acres of land zoned for commercial applications. This closing represents the first completed transaction of this new division of the Fraser Forbes Company.
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.
For additional information please call Bob Long, First VP and Director of Commercial Real Estate or Richard Samit, CEO at 703-790-9400 and visit us online at www.fraserforbes.com.
