Integra Realty Resources Acquires Greenville Real Estate Research Firm

July 23, 2008

Integra Realty Resources – South Carolina has completed the acquisition of Greenville-based real estate research firm Property Data for an undisclosed price. The commercial and residential transaction research firm will be renamed Greenville Property Pulse and will operate in conjunction with the Greenville offices of commercial real estate appraisal firm Integra Realty Resources and residential appraisal firm IRR-Residential.

“Lenders, brokers, developers and appraisers have relied on Property Data reports for 30 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 Stuart’s reputation for quality research to provide an inexpensive alternative to national data services. Many businesses need reliable property research in order to make sound business decisions, and we’re going to provide just that.”

The previous owner, Susan Stillwagon, will remain with Greenville Property Pulse as Director of Research. “Susan is an incredible asset, and I am very 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. I have no doubt that together we can grow the company to where it deserves to be,” stated Stillwagon.

As the oldest real estate research firm serving the Greenville market, Property Data’s research is invaluable. “My firm has been using this comparable sale data for years, so the acquisition just made sense. We’ll also be able to use historical data to analyze market trends,” said Dodds. “With over 15,000 land and improved sales in the current database, 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 real estate market trend information.”



We are excited about this, and Greenville Property Pulse is offering a free report that can be requested at the website http://www.GPpulse.com/
Some of the statistical analyses prepared with the Pulse data will be posted on this blog as well over the coming months. The 15,000 records can provide great insight into value trends in Greenville. E-mail me with any questions.
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