Hall Associates, Inc. Announces Merger with Milton Realty Services of Lynchburg - Merger expands Hall Associates’ commercial sales and leasing presence in Central Virginia

Roanoke, Va. (Sept. 25, 2006)—In a move that will further expand its presence in western and central Virginia and increase its listings in the area’s commercial real estate market by nearly 50 percent, Hall Associates announces today the merger of Milton Realty Services, Central Virginia’s largest full-service commercial real estate firm headquartered in Lynchburg.

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Hall Associates announces 14 agents who set the pace for excellence in 2005! We take pride in the achievement of these agents that have helped Hall Associates remain the largest commercial and industrial real estate firm in Western Virginia
for over 30 years.

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Broker Read Lunsford
Announces Transactions

ROANOKE, Va., November 29, 2005 -- Roanoke VA – Read Lunsford, an associate broker of Hall Associates in Roanoke, has recently been involved in two major commercial real estate transactions.

Lunsford served as local broker for 2F Properties, LLC, working with Mid-Atlantic Realty, Inc. of Gettysburg, PA to secure a 25-year ground lease for Hook-SuperX, which opened for business as a CVS Pharmacy at 7515 Williamson Road in September. That overall transaction totaled $5.5 million.

He was the selling agent for Knollwood Place, assisted by Don Moore of the Hall Associates New River Valley office, for Snyder-Hunt Company, LLP of Blacksburg and Richmond. The 22,350-square-foot office building on 1.49 acres at 309 Knollwood Place in Blacksburg was purchased for $2,360,000 by Ramble Associates, LLC of Roanoke.

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1051 Texas Street
Under Hall Associates Management

ROANOKE, Va., November 9, 2005 -- Hall Associates has been chosen to manage the new building at 1051 Texas Street in Salem, Virginia that will house One Beacon Insurance. The facilities management contract will add another 33,000 sq. ft. to the Hall Associates portfolio of managed properties.

One Beacon Insurance will have over 170 employees in the facility located across the street from the Salem Civic Center. They are slated to move November 4th from their current facility on 419.

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Meredith Earns CCIM Designation
Credential held by fewer than 10 percent of commercial real estate professionals

ROANOKE, Va., Oct. 28, 2005 -- Stuart Meredith, SIOR, executive vice president of Hall Associates Inc., has been awarded the Certified Commercial Investment Member (CCIM) designation by the CCIM Institute. 

The designation was awarded during Institute meetings earlier this month in Scottsdale, Ariz., and signifies expertise in commercial real estate brokerage, leasing, asset management, valuation and investment analysis.  Of the estimated 125,000 commercial real estate practitioners in North America, only 8,000 currently hold the CCIM designation. 

The CCIM credential is awarded to commercial real estate professionals upon completion of a graduate-level curriculum and attainment of qualifying experience.  The curriculum addresses: financial analysis, market analysis, user decision analysis and investment analysis – the cornerstones of commercial investment real estate. 

CCIMs have access to unparalleled level of valuable online tools, including the Site To Do Business, a suite of mapping, demographic and other analytical resources.  CCIMs may market properties for sale or lease through CCIMNet, a leading national commercial property exchange.

The CCIM business network encompasses 1,000 markets throughout North America, Asia, Europe and the Caribbean.  The Chicago-based CCIM Institute is an affiliate of the National Association of Realtors® and is the governing body of the largest commercial real estate network in the world.

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