Month: December 2014

17 12 2014

Happy Holidays!

The 2015 Executive Committee and new staff are working hard to open the new office in Chicago, bring affiliates a great conference in Miami, FL in March, and to introduce you to the #NewCORFAC. Watch this blog for more information in 2015.  Until then, Happy Holidays to you and your families.

15 12 2014

CORFAC’s 2015 Leadership Team

CORFAC International announced the 2015 leadership team,  led by President Scott Savacool, CCIM, SIOR, and new Executive Director Jonathan Salk. 2015 Executive Committee President: Scott Savacool, CCIM, SIOR, Sansone Group/CORFAC International (St. Louis, MO) Vice President: John R. Homsher, CCIM, Podolsky|Circle CORFAC International (Chicago, IL) Treasurer:  G. Raymond Lyons, SIOR, CCIM, MRICS, Thomas L. Johnson

10 12 2014

CORFACbid – Online Auction Program Proves Successful for Challenging Property

For more than two years, I had a listing for a ±20,000 SF building in  Long Beach, CA, previously occupied as a telephone switching station. Even after co-brokering with a data center specialist, we struggled to find a buyer. Finally, I turned to LFC and the CORFACbid Accelerated Marketing Program. They thoroughly explained what they

08 12 2014

CORFAC’s Multi-Market Deals

CORFAC Affiliates have been busy referring business to each other and serving their clients across markets in 2014.  Here are a couple of the recently completed multi-market transactions. Invacare was represented by Bill Johnston of King Industrial Realty, Inc./CORFAC International in an Industrial Lease transaction of 74,140 sq. ft. in Lawrenceville, GA. The referring broker

03 12 2014

Crowdfunding in #CRE

According to a new blog from mipm worldblog, "Crowdfunding is changing the face of real estate investment as fund raising platforms have already collected over $100 million for properties across the U.S. in 2014." Crowdfunding is a trend in CRE that isn't going away. The loosening of the laws defining how funds and private companies

01 12 2014

NAR #CRE Outlook

NAR’s latest Commercial Real Estate Outlook offers overall projections for four major commercial sectors and analyzes quarterly data in the office, industrial, retail and multifamily markets. Historic data for metro areas were provided by REIS, Inc., a source of commercial real estate performance information. Download the report here: http://www.realtor.org/reports/commercial-real-estate-outlook

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.