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For Immediate Release September 2002

Society Cybernaughts Close on $4.1 Million Internet Big Box Sale


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Another real estate big box has joined the ranks of transactions closed in CyberSpace.

John M. Peckham III CCIM, CIPS, RECS, Peckham Boston Advisors, Boston, Steve Davis, Davis and diMarco, Needham, MA and David Freedman, Freedman Consulting, Philadelhia have connected in Cyberspace on the sale of a 14,490 square foot net leased Walgreen freestanding building located at Hickory Road and Knight Arnold Road in Memphis. Peckham, Davis and Freedman hooked up for the transaction on the Internet and used cyberspace tools to bring the $4,156,769.00 transaction to a successful close.

Peckham Boston Advisors (PBAC) in Boston, specializes in the acquisition and disposition of real estate investment properties in CyberSpace. 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 in a recent 12-month period, all on the Internet. He conducts the popular "Selling in CyberSpace " designation seminar when he isn't selling real estate in cyberspace.

Davis, Freedman and Peckham are all members of The Real Estate CyberSpace Society, and as such 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.

Real Estate CyberSpace Radio is a public and member service of the Real Estate CyberSpace Society. With membership in 26 countries, the Society provides its 5,000+ members in more than 100 Chapters with tools and services for maximizing their real estate professionalism and effectiveness, plus a networking connection for professionals from all real estate specialties. Peckham announced that over 100 similar interviews are broadcast at the Society's "Real Estate CyberSpace Radio": www.REcyber.com/masters/audio.html The Society invites the real estate community and the public to visit and listen to a selection of briefings at RECR. Information regarding the full interviews in this release of the Real Estate CyberSpace Alert or membership in the Real Estate CyberSpace Society is available from Society headquarters by calling 617-559-0000, at www.REcyber.com or by e-mail at admin@REcyber.com.



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