Corfac News

05 022014

Twenty-five years ago, the Berlin Wall was taken down, thousands protested in Tiananmen Square, the U.S. Government provided $150 billion to bail out savings and loan institutions, Microsoft released its first version of Microsoft Office, and Corporate Facility Advisors (CORFAC International) was incorporated.

CORFAC’s founders had a great business plan in setting up our network of non-competing commercial real estate firms. By requiring firms to attend the two national conferences annually, strong relationships and better networking developed. Establishing CORFAC as a not-for-profit association with member firms paying dues and keeping all their fees encouraged referrals. We continue to work toward our goal for each CORFAC firm to send at least one referral annually. Increasing the number of referrals helps everyone in CORFAC.

Look around. Some of our competitors from the early years have disappeared. Yet, CORFAC is stronger than ever and the relationships and business among our firms continues to grow. Regardless of changes in the industry, there will always be a need for our type of commercial real estate network, which puts the client first and is based on our core values of expertise, trust and integrity.

By focusing on our strengths and what we do well, CORFAC will certainly celebrate many more anniversaries in the decades to come.

Congratulations CORFAC, on our first 25 years of superior service to the real estate industry. Here’s to the next 25 years of building relationships and business around the world.

Susan Newman, CORFAC International Executive Director

Locally Owned. Globally Connected

CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 49 offices in the U.S., 5 in Canada and 17 in international markets, including Australia, Colombia, France, Germany, Ireland, Israel, Italy, Japan, Mexico, Romania, Russia, South Korea, Switzerland and the United Kingdom. CORFAC offices completed more than 10,000 lease and sales transactions totaling 620 million square feet of space valued in excess of $8.2 billion in 2018.