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For Immediate Release November 1998

Society Cybernaughts Close On $5.59 Million Internet Sale

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Two Walgreen net leased sales have joined the ranks of transactions closed in CyberSpace.

G. Laurence McGowan, Laurence Associates and John M. Peckham III CCIM, CIPS, RECS, Peckham Boston Advisors, have connected in Cyberspace on a double header involving two net leased Walgreen freestanding buildings that sold for $5,592,915. The CyberBrokers closed the sale of the properties located in Attleboro, Massachusetts (13,000 Square Feet) for $2,689,303 and Woonsocket, Rhode Island (13,005 square feet) for $2,903,612.

McGowan and Peckham hooked up for the transaction on the Internet and used cyberspace tools to bring the transaction to a successful close.

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.

Peckham Boston Advisors in Boston specializes in the acquisition and disposition of real estate investment properties. According to Peckham the company uses the Internet and other CyberSpace tools to reach out to tens of thousands of potential buyers and sellers in minutes. Peckham has closed over $40 Million Dollars in real estate investment property sales so far this 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.

Information regarding membership in the Real Estate Cyberspace Society is available from Society headquarters at 617-523-4441.

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