1. NEW AND NOTABLE. Kensington Realty Advisors provides real estate investment management services emphasizing industrial and apartment properties. Duke Realty Investments, Inc. is a REIT focused on industrial, office and retail properties in the Midwest. Sobrato Development Companies develops high tech, R&D properties in Silicon Valley. Lincoln Property Company provides residential and commercial development and management services nationwide.

AllApartments, a nationwide database of over 4.3 million apartment units with pictures and floor plans, is an excellent market research tool. The Pinellas County Property Appraiser's Office is online with building, tax and assessment information for St. Petersburg and Clearwater, Florida, and features the ability to click a parcel map for data on nearby properties. The Right Site™ offers "1,000,000 pages of free easy-to-use demographic reports."

2. SURPLUS PROPERTIES II. I added First Union's properties (primarily in the Southeast) to the Surplus Properties list posted on PikeNet's home page. I also created two new Categories related to the site selection process, "Corporate Real Estate," initially with 5 corporate real estate departments, and "Economic Development," initially with 18 organizations.

3. NEWSLETTERS. PikeNet's newest Category is "Newsletter/Mailings." One of the most useful features of the Internet is the ability to e-mail focused market information to a target audience. So it's logical that there are a growing number of real estate e-mail newsletters. If you're active in a market area or just want more information, consider "subscribing" to one of these free services. For a good example, check out the OSO Broker Update, published by Office Space Online for the Seattle market.

4. WEB SUCCESS. In less than a year, Jim Osgood has grown OfficeFinder, a web-based referral and information network of tenant rep professionals to 59 markets. The OfficeFinder site includes helpful applications, such as an office space calculator, a net present value lease analyzer and sample lease clauses. This is a vivid demonstration of how the net can effectively and cheaply tie individual professionals together.

5. HYPERLINKS. All sites mentioned in this Dispatch are hyperlinked at PikeNet. Paste the following address into your browser's address box, hit the "Enter" key and you'll go directly to this Dispatch at PikeNet. http://www.pikenet.com/pike?func=showPublicPage&page=dispatch/ dispatch97/dispatch=052

6. SUBSCRIBING/CANCELING. If you do not want to receive this Dispatch, please reply with "cancel" in the Message field to remove your name. Please include your name and company. If you know a person who would like to be added to this list, please send e-mail with the word "subscribe" to Peter Pike at .

--Peter Pike