SeedAmerica Headed to CoreNet Global Summit

September 25, 2007 (PRLEAP.COM) Business News
ALPHARETTA, Georgia – September 25, 2007 - SeedAmerica, the industry leader in the transfer of commercial and industrial real estate assets, will exhibit at the 2007 CoreNet Global Summit, October 28-31, 2007, in Atlanta, Georgia. There will be over 3,000 corporate real estate industry professionals at the Show.

“We’re excited to present this unique opportunity – the 561 Exchange - at CoreNet Global,” explained Joseph Johnson, CEO of SeedAmerica. “Our record growth this year speaks to the increasing knowledge of the 561 Exchange, among commercial property owners and within the real estate service industry.”

SeedAmerica will feature the 561 Exchange, taken from IRS Code: Section 170, 1250 and Publication 561, which explains the rules of valuing property for charitable contributions in exchange for tax deductions (Booth #847). The 561 Exchange is an IRS sanctioned transaction that allows property owners the opportunity to receive cash benefits in the form of tax savings, usually exceeding the cash benefit of selling the property at list price.

"SeedAmerica’s growth has been phenomenal," including a recent acquisition in Palestine, TX, Johnson stated. "As business owners began to see the cash benefits along with the relief associate in releasing hard-to-move real estate, more corporations will look to the 561 Exchange as a fast, safe and profitable solution. SeedAmerica is the industry leader in the transfer of property through the 561 Exchange."

Don't miss your opportunity to visit SeedAmerica’s booth at one of the world's largest conferences in the real estate industry.

SeedAmerica is a national real estate endowment fund that focuses on acquiring and managing commercial real estate assets. As the move of American manufacturing overseas continues cause more industrial buildings to close across the Nation, SeedAmerica is offers a welcomed solution to the question of what to do with these underutilized commercial property.

For more information about SeedAmerica and the 561 Exchange, please visit their website at www.seedamerica.com. The website provides viewers with case studies, photos, a video explaining the 561 Exchange as well as news articles and leasing opportunities.