Integra Realty Resources Acquires Greenville Property Pulse

GREENVILLE, S.C. (July 14, 2008) — Integra Realty Resources has completed the acquisition of Greenville-based real estate research firm Property Data. The commercial and residential transaction research firm will be renamed Greenville Property Pulse and will operate in conjunction with the Greenville offices of commercial appraisal firm Integra Realty Resources and IRR-Residential, Integra’s residential real estate arm.

“Lenders, brokers, developers and appraisers have relied on Property Data information for years,” said Michael Dodds, MAI, CCIM, MRICS, who serves as Managing Partner of the both the Greenville and Columbia Integra offices. “We intend to build on original owner Fred Stewart’s reputation for quality research to provide an inexpensive alternative to national data services. Many businesses need reliable, attainable property research to make sound decisions, and we’re going to provide just that.”

The seller, Susan Stillwagon, will remain with Greenville Property Pulse as Director of Research. “Susan is an incredible asset, and I am so pleased that she was interested in staying with the firm,” said Dodds. “With her assistance, we plan to expand the services currently offered.”

“Mike and I started talking about this acquisition over a year ago. Together, I have no doubts that we can grow the company to where it deserves to be,” stated Stillwagon.

As the oldest market research firm serving the real estate market in Greenville, Property Data’s research is invaluable. “My firm has been using this valuable research for years, so the acquisition just makes sense. We’ll also be able to use historical data to analyze market trends,” said Dodds. “The amount of information we’re purchasing is mind boggling. We plan to slice and dice the data in many ways to provide reliable, ongoing trend information.”