1. Corporate Real Estate. I spoke earlier this month at the NACORE (National Association of Corporate Real Estate Executives) conference in San Francisco on a panel, "How Technology Affects Business Units." That panel and a tour of NACORE’s exhibit hall emphasized to me how much interest there is in using the Internet as a tool for corporate real estate professionals.

……. While many corporations have developed very sophisticated space tracking and lease analysis programs for internal use, little of this information--for example, sublease space available--has migrated onto the public Internet. I can only find about a dozen corporate real estate web sites of any size, although I know that more are under construction. For now, you’ll find these good sites: Computer Associates, First Union, Fleming, Marathon Oil, and Payless Shoes.

……. For the full list, do a Category Search at PikeNet and select the "Corporate Real Estate" category. In the near future, I would expect to see dozens of web sites with at least a minimal amount of data, e.g., contact information, e-mail addresses, and surplus property lists. If I’ve missed your web site, please contact me so that I can put it in the PikeNet Directory.

2. New and Notable. Colliers International launched its newly designed web site this week featuring links to offices and market information around the world. …… W.P. Cary Investors is a REIT specializing in net leased properties nationwide. …… Hall Financial Group, Inc. is a diversified real estate investment, management and development company in Dallas, TX.

…… Dyna Software develops and markets real estate portfolio management and financial analysis software. …… Land Data Associates provides subscribers with Internet access to real property information for 38 Upstate New York counties. …… The Amend Group, based in Dallas, TX, provides real estate consultation and project implementation services for office and industrial property.

3. PikeNet Reaches 2,000 Links! PikeNet achieved a milestone this week when I entered the 2,000^th link in the Directory. …… If you want to increase the chances of a PikeNet visitor seeing your link, enhance it. Your link will be shown in bold and moved toward the top of the page. For details, click "Enhance a Link" at the top of the home page.

4. Web Success. Boston-based John M. Peckham III of the Real Estate Cyberspace Society announced by e-mail and in a CCIM forum the availability of two net leased listings owned by a Honolulu seller. Within five hours, Mike Roberts, a CCIM in Kansas City, had responded on behalf of an investor in St. Louis, who closed the transaction after a normal due diligence period. ...... Do you have an Internet success story? Send me e-mail about how you saved time or money.

5. Will Institutions Reduce Commissions? "Airlines are slashing commissions to agents and using technology to do more business directly with travelers" from the Wall Street Journal, September 25, 1997. American, Delta and United reduced commissions paid to travel agents by 20% this week, saving airlines $500 million annually. ...... Could this happen to real estate service providers as ownership becomes more centralized in REITs and pension funds?

6. Knowledge Base: Need to Look Up a Business? Need business listings, door-to-door directions, phone numbers, or a reverse lookup? You’ll find answers to these and many other questions at the InfoSpace site. Look up a business listing and get driving directions. For more information, click "Knowledge Base" on the PikeNet home page and go to Phone Directories.

7. Sponsor. This issue is sponsored by Weinberg and Associates which has "placed over $1 billion in commercial loans for small businesses and commercial properties throughout the U.S. With our experience in soliciting and negotiating financing, we have demonstrated the expertise to facilitate situations that are unique, complex, and challenging." Visit their site at http://www.weinbergassoc.com

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