All News

24 Apr2020 CORFAC News

HWBC/CORFAC International Advises on €182M Purchase in Dublin

GLL Real Estate Partners, an affiliate of the Australian investment bank Macquarie Group and Patrizia AG, has completed the acquisition for €182 million of the Bishop’s Square office scheme in Dublin city centre. While the successful completion of the sale represents a particular coup for Hines, it will...

20 Apr2020 CORFAC News

10 Ways to Increase Productivity in These Challenging Times

As we work through these unprecedented times, commercial real estate professionals are looking for ways to keep their deals and businesses going. With the help of one of their clients, the team at Joel and Granot Real Estate/CORFAC International came up with a list of ways to use this slower time to improve your operational...

03 Apr2020 CORFAC News

Trepp's Economic and Commercial Real Estate Loan Forecasting Model Analyzes Default Trends

To gauge the impact of the COVID-19 disruption, Trepp has applied an economic and real estate forecast scenario to a portfolio of 12,500 commercial real estate loans. The findings were perhaps to be expected: Defaults are expected to increase, in some cases significantly. Under the scenario Trepp used, the...

30 Mar2020 CORFAC News

CORFAC International Welcomes St. Louis-Based Intelica CRE to the Network

CORFAC is pleased to announce Intelica CRE/CORFAC International, in the St. Louis suburb of Creve Coeur, Missouri, is the newest U.S. affiliate to join our growing global network. Intelica CRE is the second domestic firm to join CORFAC this year, building on 2019’s record-setting growth of seven new firms....

23 Mar2020 CORFAC News

CORFAC Headquarters Update and Response to COVID-19

CORFAC hopes this finds our members in good health and positive spirits. We wanted to provide an update on CORFAC Headquarters operations in light of COVID-19. The State of Illinois issued a stay-at-home order for all residents to prevent further spread of COVID-19 effective March 21-April 30, 2020. CORFAC...

13 Mar2020 CORFAC News

L. Mason Capitani/CORFAC International Represents Buyer in Fully Leased Office Investment Purchase

Mason L. Capitani, SIOR, of L. Mason Capitani CORFAC International has successfully represented the purchaser, LREH Michigan, LLC, in the acquisition of the 128,829 square foot office property located at 37101 Corporate Drive in Farmington Hills, Michigan. Built in 2001, the class “A” building is fully leased...

06 Mar2020 CORFAC News

CORFAC Congratulates 2019 COR$TAR Award Winners

CORFAC International congratulates the winners of the 2019 COR$TAR Awards, which recognize member firms and individuals for their in-network referral transactions. The awards were announced at CORFAC’s Spring Conference in Playa del Carmen, Mexico, on March 6, 2020. The COR$TAR Awards recognize the largest...

04 Mar2020 CORFAC News

L. Mason Capitani/CORFAC International Negotiates Long-Term Industrial Lease

L. Mason Capitani/CORFAC International is pleased to announce the recent long-term lease of a newly constructed industrial building located at 15000 Commercial Drive in Shelby Township, Michigan, to Ethel’s Baking Company. The lease was negotiated by Joe DePonio III, SIOR, of L. Mason Capitani/CORFAC International in...

24 Feb2020 CORFAC News

CORFAC International Welcomes Darwin Realty to the Network

CORFAC is pleased to announce Darwin Realty/CORFAC International, in the western Chicago suburb of Elmhurst, IL, is the newest U.S. affiliate to join our growing global network. Darwin Realty is the first U.S.-based firm to join CORFAC this year, building on 2019’s record-setting growth of seven new firms....

10 Feb2020 CORFAC News

Bradford Wins Leasing, Management for Five-Property Office Portfolio in Fort Worth, Texas

Waco, Texas-based Lakeland West Capital LLC has selected Bradford Commercial Real Estate Services/CORFAC International to lease and manage a five-property office portfolio in Fort Worth, the Mid-Cities and Arlington. Erik Blais, a vice president in the Fort Worth office of Dallas-based Bradford, placed the...

23 Jan2020 CORFAC News

Commercial Properties Inc./CORFAC International Announces Investment Sale of a Neighborhood Retail Center in Mesa, AZ

Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of Lindsay Groves Marketplace, a 16,187 square foot retail center at 2723-2727 E McKellips Road in Mesa, Arizona. The shopping center is shadow-anchored by Walmart...

22 Jan2020 CORFAC News

Voit Real Estate Services/CORFAC International Inks Two New Leases for Expanding Corporation in San Diego, CA

TÜV SÜD America Inc., has recently renewed and expanded its presence in San Diego. They have renewed their lease for their administrative offices and testing facility at 10040 Mesa Rim Road, in Sorrento Mesa, CA, while simultaneously taking additional office space at 9920 Pacific Heights Boulevard, as well as in...

21 Jan2020 CORFAC News

Voit Real Estate Services/CORFAC International Directs $9 Million Lease in Anaheim, CA

Voit Real Estate Services/CORFAC International is proud to announce that Jack Faris, Senior Vice President and Partner in the Irvine, California, office, successfully directed the $9 million lease of a 151,181 square-foot industrial warehouse in Anaheim, on behalf of the tenant, Etekcity Corporation. The landlord, Anaheim...

15 Jan2020 CORFAC News

Joel & Granot Real Estate/CORFAC International Leads Value-Add Renovation in Atlanta

Finding and buying value-add commercial real estate properties is nearly impossible in the Metro Atlanta area these days, but local firm Joel & Granot Real Estate/CORFAC International, has succeeded in doing just that. JGRE led the purchase of a value-added renovation opportunity in the elusive Buckhead neighborhood of...

06 Jan2020 CORFAC News

Bradford/CORFAC International Renews Long-Term Lease for Texas Women's Foundation

Texas Women's Foundation, a leading advocate statewide, has signed a long-term renewal and expansion for its headquarters office in Campbell Centre in North Dallas, Texas. The organization, one of the world's largest women's foundations, has expanded to 6,050 sf on the first floor of the class A...

02 Jan2020 CORFAC News

CORFAC Deal of the Month: Piedmont Properties/CORFAC International Closes Industrial Lease in Columbia, South Carolina

Congratulations to Scott Hensley, CCIM, SIOR, and Lester Osborn, SIOR, of Piedmont Properties of the Carolinas/CORFAC International, on the closing of a 64,975-sf industrial investment purchase for client 330 Main Equities, LLC, valued at more than $4.1 million. The property is located in Columbia, South Carolina....

16 Dec2019 CORFAC News

CORFAC Announces 2020 Leadership Team

CORFAC International is pleased to announce that Alan Joel, CCIM, Principal of Joel and Granot Real Estate/CORFAC International in Atlanta, GA, will begin his term as 2020 President of the organization on January 1. CORFAC extends its appreciation to 2019 President Sim Doughtie, CCIM, MCR, SIOR, SLCR, President of King...

07 Nov2019 CORFAC News

Commercial Properties Inc./CORFAC International Announces Sale Class A Medical Office Building

Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of 121,632 square feet at 1760 E. Pecos Road in Gilbert, Arizona. Originally built in 2007, the multitenant medical office building is approximately 130,897 square...

24 Oct2019 CORFAC News

EDMUND TIE Joins the CORFAC International Global Network

CORFAC is pleased to welcome EDMUND TIE/CORFAC International to the global network. Headquartered in Southeast Asia’s gateway city of Singapore, EDMUND TIE also has offices in Kuala Lumpur, Malaysia (NAWAWI TIE), and Bangkok, Thailand. CORFAC International has added 10 new offices to the network in 2019. Founded...

14 Oct2019 CORFAC News

CORFAC International Welcomes Pittsburgh-Based Century Realty LLC, to the Network

CORFAC is pleased to announce Century Realty LLC/CORFAC International, with offices in Pittsburgh, Pennsylvania, and Wheeling, West Virginia, is the newest U.S. affiliate to join the growing global network. Century Realty is the third U.S.-based firm to join CORFAC this year. The network has also added six new international...