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FOR IMMEDIATE RELEASE
Contact: John Morgan 800-989-5852

Coldwell Banker Harbour Realty Launches Commercial Division

4 December 2003       Coldwell Banker Harbour Realty announced today that it has formally launched its previously announced commercial real estate division. The largest real estate company on the Eastern Shore, Coldwell Banker Harbour Realty now offers a full range of commercial real estate services from all five of its Eastern Shore real estate offices.

"This is a key new component which we have been planning to add to our existing real estate operations here on the Shore for some time", said John E. Morgan, Jr., principal of Coldwell Banker Harbour Realty. "Along with the explosion of business activity, in the past few years we've seen significant commercial real estate investment growth on the Shore."

According to Morgan, the new Coldwell Banker Harbour commercial division is the only full-service source of commercial real estate services for commercial real estate owners or investors on the Shore. "We now have the capability to offer a complete menu of commercial real estate services including leasing, management and project accounting, as well as buying and selling, for out-of-town investors as well as for our clients on the Shore."

Coldwell Banker Harbour Realty, which is locally owned and operated by William H. Chandler, Jr., John E. Morgan, Jr., and John E. Anderson, who together have over 65 years of real estate experience and expertise, has a long history of serving the Eastern Shore. The company, based in Accomac, Virginia, decided to affiliate with Coldwell Banker in 1996 primarily to embrace the support and technological innovations of an international franchise.

With offices in Accomac, Chincoteague, Onancock, Exmore and Cape Charles, Coldwell Banker Harbour Realty is the largest real estate firm on the Eastern Shore. Starting as a small, one-office company it has grown to five offices covering the Virginia peninsula from Chincoteague to Cape Charles and boasts more than 50 professional REALTORS®.

For information about CB Harbour's commercial real estate services, including selling, buying, leasing, management and broker opportunities, contact Joseph Caffrey at 800.784.2842, 757.425.1077 or jcaffrey@WorldwideBusinessBrokers.com.
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