Office Space Evolves: Is Less More in Today’s Market?
https://youtu.be/PIskKmy7l6A When it comes to making office space decisions, tenants are continuing to find that less is more. For nearly a decade, increasing mobility among office space users has prompted companies to lease fewer square feet to operate their businesses, said Mason Capitani, SIOR, of L. Mason Capitani/CORFAC International in Troy, Michigan. As a result,
Macro-Level Factors Drive Toronto’s Commercial Real Estate Market
By Ray Lyons, CCIM, MRICS, SIOR, Realty Advisors Ltd., Brokerage/CORFAC International, Toronto, ON Currently, there are a wide range of macro-level factors driving Toronto’s commercial real estate market. The balance of supply and demand is driven largely by the strength of the economy and job creation, which affects the demand for various types of real estate
Global Corporations Set Sights on Orange County, CA
By Eric Hinkelman, Voit Real Estate Services/CORFAC International, Irvine, CA Over the past 36 months, the type of company that has targeted the North Orange County’s commercial real estate space (traditionally this region’s industrial real estate market) has shifted from aerospace and defense-centric, to a more diverse, international blend of service-related companies. Many of the
San Francisco Commercial Real Estate: The Non-Tech Squeeze Is On
By Tom Martindale, SIOR, TRI Commercial/CORFAC International, San Francisco, CA San Francisco’s commercial real estate market continues to be fueled by the tech industry, but a range of factors indicate a cooling trend could be on the horizon. Tech Continues to Rule the Office Market Just when it seemed 3 million square feet of deliverable office
Brexit and Beyond: London Office Market Thrives
-- By Alistair Subba Row, Farebrother/CORFAC International, London The United Kingdom’s departure from the European Union -- commonly known as Brexit -- was expected to have adverse effects on London’s office property market. These predictions initially proved accurate as London turnover and transaction volumes sank to a four-year low in the quarter following the referendum
Trending Topics in CRE: CORFAC International’s Fall 2017 Thought Leadership Series
Read about the factors driving commercial real estate market activity in the San Francisco; Orange County, CA; London, United Kingdom; and Toronto, Canada, markets in CORFAC International's fall 2017 thought leadership piece. CORFAC Thought Leadership Series - Fall 2017
7 Reasons to Hire a CORFAC International Firm
Our CORFAC International member firms are the best in the business and here’s 7 reasons why:
What Defines Value? Measuring the ROI in CORFAC
By Andy Jaffe, Senior Vice President, Commercial Properties Inc./CORFAC International What creates value in anything someone does? Everyone searches for value in different ways. Some of us value time off to explore different places or spending more time with our families. Others see value in accomplishing something they may have never done before. [caption id="attachment_1334"
CORFAC Welcomes 2017 Leadership Team
CORFAC International is pleased to announce that G. Raymond (Ray) Lyons, CCIM, MRICS, SIOR, of Thomas L. Johnson Realty/CORFAC International in Toronto, will begin his term as 2017 President of the organization on January 1. CORFAC thanks 2016 President John R. Homsher, CCIM, Podolsky|Circle CORFAC International in Chicago, and the entire 2016 leadership team, for
Congratulations to CORFAC’s 2016 Standards of Excellence Award Winners
CORFAC International is pleased to announce the recipients of the 2016 Standards of Excellence Awards, which were given at the recent Fall Summit held in Toronto, Canada. CORFAC 2016 President John R. Homsher, CCIM, presented four individual members with special recognition awards and 15 member firms were recognized for excellence in upholding the CORFAC brand, mission and values
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.