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Fraser Forbes Closes $4 Million Properties on Taft Avenue in Alexandria, VA

9/15/2006

Fraser Forbes' Senior VP Bruce Winston and VP/Urban Land Manager, Dan Lockard, closed on a multi-lot assemblage in Alexandria VA for $4 million. The property is now planned for the development of 13 new luxury single family homes.

Robert "Bob" Long, First Vice-President will manage and lead the Commercial Land Division. Mr. Long has been with Fraser Forbes Company for 4 years and prior to that spent more than 25 years in commercial development, construction, leasing, and asset management. His portfolio includes projects all around the DC Metropolitan area with a specific concentration in the Tysons Corner, VA and Reston, VA areas.

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.

With 22 licensed agents in Maryland, Virginia, The District of Columbia and Pennsylvania, the firm's diversity and experience enables them to handle any brokerage needs. Since 1995, Fraser Forbes Company, LLC, has brokered over $2 billion in transactions.

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