Press release
STH and Momaji announce partnership to improve online listing services for commercial properties for sale or lease
Williamsburg, VA, August 23, 2010 | Strategic Technology Holdings (STH), LLC, a firm specializing in the launching of new products and services, and Momaji, LLC, a technology development firm, announce the formation of Commercial Sites, LLC, - commercialsitesllc.com - to address the need for improved commercial real estate services on the Internet.The opportunities for real estate promotion through the Internet brought STH and Momaji together on a similar project which focused on apartment rentals. The initial success of that service began the firms talking about additional areas of need. “As we worked together I saw that there was a terrific synergy between our two firms – the programming and development power and track record of Momaji, coupled with the vision and strategic execution of STH.”, offered Ray Souder, President of STH.
“As for Momaji, we appreciated the momentum gained by working with a firm that brought abilities that complimented our own strengths”, continued Alex Demenshkin, co-founder of Momaji. “We are better able to capitalize on our development skills with a partner who is skilled at finding the market applications.”
Commercial Sites, LLC will concentrate on an underserved segment of online real estate services which is commercial property. Though sites for residential properties abound, the commercial real estate world has lacked the same kind of coverage and options for those looking to buy or lease commercial properties locally, especially in such markets as office space, industrial space, commercial land for lease or for sale, and investment properties.
The first product offering from Commercial Sites is expected during Q3 of 2010 and will focus on helping banks to sell commercial properties that have returned to bank ownership. The new listing service, www.bankpropertylists.com, will target local markets, eventually growing to operate in each major U.S. market. The sites will serve as a market place bringing together banks that own properties, investors interested in purchasing commercial real estate, and financial institutions ready to provide financing.
About STH
STH brings expertise in the proper positioning and branding of new products, focusing on the Internet as the primary means of promotion. Past projects include the development of an online distribution network, and individual client services in the areas of financial management. STH is based in Williamsburg, VA – for more information contact Ray Souder at 1.757.561.0784 or info (at) trysth.com or visit www.trySTH.com
About Momaji
Momaji designs, develops and delivers unique web applications and portals for collecting, aggregating, analyzing and serving real estate listings via the Internet. Past projects include online rental property listing service Ft2.com, consulting and web marketing services to property management companies and custom web application development. Momaji is based in Norfolk, VA – for more information contact Alex Demeshkin at 1.757.339.3977 or info (at) momaji.com or visit www.momaji.com
5388 Discovery Park Blvd. Suite 230
Williamsburg, VA 23188
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