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Fraser Forbes Company Launches Commercial Land Division

9/20/2006

Fraser Forbes Company had launched its newest addition of client service offering: The Commercial Land Division."The residential land market has changed and mixed-use development and redevelopment land usage is what our clients are telling us they want." commented Richard Samit, CEO and Co-Founder, "For the past 11 years we have focused exclusively on residential land sales, this new arm will truly complement our position as the leading residential land sales brokerage firm in the Washington, DC Metropolitan Area." The Commercial Land Division's services will include the disposition and acquisition of land for commercial uses including retail, office, industrial and combinations of these with residential components.

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 firms' 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.