CORFAC News

18 Jun2019 CORFAC News

Stubblebine Company/CORFAC International Brokers $4.45 Million Transaction

The F.W. Webb Company, a wholesale distributor of plumbing, heating, cooling and industrial products, recently purchased 33 Sword Street, Auburn, MA, a 75,000 square foot single story industrial facility situated on 3.04 acres and formerly owned by Imperial Distribution, for $4,450,000. David Skinner, David Stubblebine,...

11 Jun2019 CORFAC News

Japan Sees Uptick in Foreign Investor Inquiries

Global PMC/CORFAC International clinched two deals in Japan last month. The individual investor bought a penthouse apartment in Minato-gu, Tokyo, for about $12 million USD. Another investor bought five new residential mansion units in Tokyo for $1.8 million USD. Established in 2004, Global PMC, a small and medium-sized...

10 Jun2019 CORFAC News

TRI Commercial/CORFAC International Announces Regional Expansion

TRI Commercial/CORFAC International has increased its roster by nearly 25 percent over the last six months, adding 12 brokers, four staff and two interns in the East Bay and eight brokers in the Sacramento region. The company, one of Northern California’s top independent commercial real estate brokerages, developed a...

10 Jun2019 CORFAC News

CORFAC Connects With Retail Pros at ICSC's 2019 RECon

CORFAC International expanded its presence at the world's largest retail trade show for the third-straight year. Five CORFAC member firms connected with retail industry pros at the International Council of Shopping Centers (ICSC) RECon in Las Vegas in May.  Participating firms included Commercial Properties...

22 May2019 CORFAC News

Ikea Brand Products to be Produced in Saltillo, Mexico

Ikano, a Swedish company, that administrates the IKEA brand for Southeast Asia and Mexico, will invest around $170 million dollars for a plant where they will manufacture comfort products in Ramos Arizpe, Coahuila, Mexico. Ikano announced on its website that they purchased 78-hectares of land within the Chuy...

30 Apr2019 CORFAC News

Commercial Properties Inc./CORFAC International Is Pleased to Announce 170,000-SF Industrial Lease for National RV Centers

Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the long-term lease of the entire 170,625-square foot building for National Indoor RV Centers (NIRVC-AZ, LLC). Originally built in 2011, the Class A industrial manufacturing...

29 Apr2019 CORFAC News

CORFAC Welcomes Forte Commercial Real Estate to the Network

CORFAC International is pleased to announce that Forte Commercial Real Estate has joined the network as our newest affiliate. Based in Denver, Forte serves clients throughout the Colorado front range and nationally. Formed in 2008, Forte Commercial Real Estate helps organizations execute office and industrial space...

24 Apr2019 CORFAC News

CORFAC Congratulates 2018 CoStar Power Brokers

CORFAC congratulates the many firms and individuals in the network who were recognized in the 2018 CoStar Power Broker Awards. Every year CoStar celebrates the top commercial real estate firms and brokers in the United States and Canada. Congratulations to the following CORFAC members who were recognized: CORFAC Winners...

24 Apr2019 CORFAC News

Commercial Properties Inc./CORFAC International Announces $8.6 Million in 1Q19 Sales for Jaffe/Griswold Team

Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce $8.63 million in total sales activity for the Andy Jaffe and Rex Griswold team in the first quarter of 2019. Activity in the Phoenix market is strong and opportunities for users...

22 Apr2019 CORFAC News

CORFAC Celebrates 30 Years as a Network

Over the last three decades, commercial real estate has seen tremendous changes — from technology to the birth of entirely new asset classes. Through all the transformations, there has been a constant demand for local expertise from respected commercial real estate brokers.  Now in its 30th year,...

17 Apr2019 CORFAC News

Voit Real Estate Services/CORFAC International Represents Buyer in a $9.5 Million Office Transaction

Voit Real Estate Services/CORFAC International announced that a private investor acquired Cornerstone Office Center from MIG Real Estate for $9.5 million. Todd Holley of Voit Real Estate Services represented the buyer. CBRE’s Louay Alsadek and Hunter Rowe represented the seller, MIG Real Estate, a real estate...

09 Apr2019 CORFAC News

Asset Build Co. Ltd. Joins CORFAC International as Japanese Affiliate

CORFAC International is pleased to announce that Tokyo-based Asset Build Co. Ltd. has joined the CORFAC global real estate network as its first affiliate in Japan.  Asset Build Co Ltd./CORFAC International offers clients a comprehensive range of real estate consulting, investment, development and management services...

09 Apr2019 CORFAC News

First Capital Property Group Joins CORFAC International as Central Florida Affiliate

CORFAC International is pleased to announce that Orlando-based First Capital Property Group, Inc. has joined the CORFAC global real estate network as its affiliate in Central Florida, where it provides a full range of commercial real estate services. Formed in 1995, First Capital Property Group/CORFAC International...

05 Apr2019 CORFAC News

Commercial Properties Inc./CORFAC International Completes $1.6 Million Office Condo Sale

Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of 15215 S. 48th Street in Ahwatukee, Arizona. Comprised of 5,930 square feet, this medical office condominium is located just north of Chandler Boulevard on 48th Street...

25 Mar2019 CORFAC News

CORFAC Congratulates Founding Member Steve Podolsky, SIOR, on Industry Awards

CORFAC International congratulates Steven H. Podolsky, SIOR, Executive Vice President of Podolsky Circle/CORFAC International, who was recently honored with several industry awards. Podolsky was recognized by the Society of Industrial and Office Realtors (SIOR) as well as CORFAC International for his collaboration with...

20 Mar2019 CORFAC News

Joel and Granot Real Estate/CORFAC International Represents Levolor in 43,000-SF Lease

Dan Granot, SIOR, of Joel and Granot Real Estate/ CORFAC International, represented custom window covering manufacturer Levolor Inc. in a 43,000-square foot lease in Sandy Springs, GA. The more than 100-year-old company will move to Lakeside Office Park, where it will grow to at least 120 employees over the...

25 Feb2019 CORFAC News

CORFAC Announces the 2018 COR$TAR Award Winners

CORFAC is pleased to announce the winners of the 2018 COR$TAR awards, which celebrate firms and individuals with superlative success in serving multi-market clients through network referral transactions. The awards were announced at the CORFAC International Spring Conference in Scottsdale, Arizona, on February...

20 Feb2019 CORFAC News

CORFAC Ranks 11th on the 2019 Lipsey Top Brands Survey

CORFAC International is pleased to announce for the second-straight year the network ranked 11th on the Lipsey Company Top 25 Commercial Real Estate Brands survey. We'd also like to congratulate 18th-ranked Voit Real Estate Services/CORFAC International for being recognized. Review the complete listing of the...

14 Jan2019 CORFAC News

CORFAC Congratulates Member Firms on Milestone Anniversaries

As CORFAC International celebrates its 30th year as a network in 2019, we'd like to acknowledge the following member firms that are also celebrating significant anniversaries this year. The average tenure of a CORFAC firm is 14 years, which speaks to the value, integrity and reputation of our network. Sincerest...

01 Jan2019 CORFAC News

CORFAC International Thought Leadership Articles

How to Play It Smart in Las Vegas Published: May 20, 2019, Commercial Property Executive In a Data-Driven World, Broker Relationships Still Matter Published: May 10, 2019, Mid-Atlantic Real Estate Journal In CORFAC's 30th Year, An Emphasis On Local Expertise Published: April 4, 2019, Bisnow CRE Future...

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, Netherlands, 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.