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For Immediate Release February 1999

Society Cybernaughts Close On $3.4Million Internet Sale


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Another Walgreen net leased sale has joined the ranks of transactions closed in CyberSpace.

John M. Peckham III CCIM, CIPS, RECS, Peckham Boston Advisors, and G. Laurence McGowan, Laurence Associates have connected in Cyberspace on the sale of a 13,905 Square Feet net leased Walgreen freestanding building in Providence Rhode Island. Peckham and McGowan hooked up for the transaction on the Internet and used cyberspace tools to bring the $3,411,574 transaction to a successful close.

Peckham Boston Advisors (PBAC) in Boston, specializes in the acquisition and disposition of real estate investment properties in CyberSpace. Laurence Associates, located in New Fairfield, Connecticut, is a real estate advisory firm that provides brokerage and consulting services to investors on a national basis.

According to Peckham, PBAC uses the Internet and other CyberSpace tools to reach out to tens of thousands of potential buyers and sellers in minutes. Peckham personally closed over $41 Million Dollars in real estate investment property sales last year, all on the Internet. He conducts the popular “Selling in CyberSpace “ designation seminar when he isn’t selling real estate in cyberspace

McGowan and Peckham are both members of The Real Estate CyberSpace Society, and as such both benefit from Society support which provides Cyberspace training, regular member Cyberspace strategy briefings and other real estate cyberspace marketing tools and services to it’s members.



For Further information or interviews:

John M. Peckham III
Executive Director
Real Estate CyberSpace Society
Four Longfellow Place, Suite 2408
Boston, MA 02114
Phone: 617-523-4440 Fax: 617-523-4736
E-mail: bostonjack@earthlink.net
Web: www.REcyber.com