CORFAC News

21 Dec2020 CORFAC News

Hayim Mizrachi Named 2021 CORFAC International Treasurer

CORFAC International is pleased to announce that Hayim Mizrachi, CCIM, Principal of MDL Group/CORFAC International in Las Vegas, Nevada, will begin his term as 2021 Treasurer of the organization on January 1. “There’s no question 2020 has been turbulent. I believe CORFAC navigated with value-add pivots as...

18 Dec2020 CORFAC News

Mason Capitani Named 2021 CORFAC International Vice President

CORFAC International is pleased to announce that Mason Capitani, SIOR, Principal of L. Mason Capitani/CORFAC International in Detroit, Michigan, will begin his term as 2021 Vice President of the organization on January 1. “I’m looking forward to working closely with my friends and peers to build upon the...

15 Dec2020 CORFAC News

CORFAC Welcomes 2021 Executive Leadership Team

CORFAC International is pleased to announce that Joe Latina, Principal of Patterson-Woods Commercial Properties/CORFAC International in Wilmington, Delaware, will begin his term as 2021 President of the organization on January 1. Joining Latina (shown left to right) are Vice President Mason Capitani, SIOR, Principal...

14 Dec2020 CORFAC News

Congratulations to CORFAC Members on These Major Milestones

CORFAC would like to recognize the following firms on these membership milestone anniversaries. We thank you for your dedication to the network and appreciate your commitment to making CORFAC the best global network for independent commercial real estate firms. 5 Years: BG Carre/CORFAC International (Paris, France) ...

11 Dec2020 CORFAC News

Boyd Commercial/CORFAC International Represents Molto Properties in Industrial Transaction

Molto Properties, a privately held, nationally recognized, industrial real estate firm, has signed a 252,203 square-foot lease with S.I. Warehousing Co. Inc. at its Monument Business Park development in Deer Park, Texas. S.I. Warehousing, a subsidiary of Slay Industries, provides customer focused distribution,...

07 Dec2020 CORFAC News

L. Mason Capitani/CORFAC International Represents Landlord in Lease to Jet Box Baseball Club

Joe DePonio, SIOR, and Jason Capitani, CCIM, SIOR, of L. Mason Capitani/CORFAC International represented the landlord on a recently closed lease to Jet Box Baseball Club. Jet Box was founded in 2002 as an extension of one of the most successful amateur baseball teams in the country. Since 1969, Jet Box founder Jim...

04 Dec2020 CORFAC News

The Evolution of Flexible Office Space in Russia

In Europe and the United States, coworking spaces have been popular for quite a long time. Ryan Garibaldi, Community Manager of The Garibaldi Group/CORFAC International in Chatham, NJ, connects the format's popularity abroad with flexible renting conditions for tenants.  “Coworking space is a hot commodity...

16 Nov2020 CORFAC News

Blue & Obrecht Realty/CORFAC International Negotiates Lease For Engineering Firm

Blue & Obrecht Realty/CORFAC International has facilitated the lease of 8,775 square feet of flex space on behalf of Froehling & Robertson, Inc. at 9017 Red Branch Road in Columbia, Maryland. Patrick Smith, SIOR and Richard F. Blue, Jr., SIOR of Blue & Obrecht Realty negotiated the transaction on behalf of the...

11 Nov2020 CORFAC News

VOIT REAL ESTATE SERVICES/CORFAC International COMPLETES $3.4 MILLION SALE OF 13-UNIT APARTMENT COMPLEX

Robert Vallera, CCIM, Senior Vice President an Partner in Voit’s San Diego office represented the seller, FUGU, LLC, in the sale of a 13-unit apartment complex on the west side of San Diego's Mission Hills neighborhood for $3.4 million. The complex was acquired by PGP Holdings RL, LLC. The apartments...

11 Nov2020 CORFAC News

The Stubblebine Company/CORFAC International Negotiates a 98,782 SF Lease for Polar Beverages

David and James Stubblebine, Principals of The Stubblebine Company/CORFAC International, and David Skinner, Senior Advisor, represented Millbrook Property Owner, LLC, in the transaction and also directly procured the tenant, Polar Beverages.  Situated at the intersection of the I-190 and I-290 highways, 53...

09 Nov2020 CORFAC News

L. Mason Capitani/CORFAC International Brokers the Sale of an 11-Building Apartment Complex Portfolio to Texas-Based Investor

L. Mason Capitani/CORFAC International is pleased to announce the sale of 11 apartment complexes to various purchasing entities, all affiliated to Texas-based Obsidian Capital, LLC. In total, the complexes are made up of 232 units, with a mixture of one-bedroom and two-bedroom dwellings. The properties are all located in...

09 Nov2020 CORFAC News

Bradford Commercial Real Estate/CORFAC International Negotiates Medical Office Acquisition in Arlington, Texas

Modoc Properties LLC has acquired one of six office buildings in The Medical Centre, a niche project situated within walking distance of the 369-bed Texas Health Arlington Memorial Hospital. The Fort Worth investor has snapped up a 7,156-sf medical office building divvied into two suites at 911 Magnolia St. in central...

06 Nov2020 CORFAC News

COMMERCIAL PROPERTIES INC./CORFAC International IS PLEASED TO ANNOUNCE THE SALE OF A 12,204 SF OFFICE BUILDING IN SCOTTSDALE, ARIZONA

Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of 14287 N. 87th Street (2nd floor), a 12,204 SF office condo in Scottsdale, Arizona.  Scott Nelson from CPI’s Scottsdale office represented the buyer,...

03 Nov2020 CORFAC News

L. Mason Capitani/CORFAC International Brokers Industrial Sale for Quantum Mold & Engineering

L. Mason Capitani/CORFAC International is pleased to announce that Quantum Mold & Engineering has purchased a 36,779 square foot industrial building located at 6300 Sterling Drive North, in Sterling Heights, Michigan. The prototype and production plastic injection molding company currently operates out of multiple...

02 Nov2020 CORFAC News

The Stubblebine Company/CORFAC International Completes 41,000 SF Lease for Tenant Wallboard Supply Company

David Skinner of The Stubblebine Company/CORFAC International and Nate Nickerson of O’Brien Commercial Properties recently leased 41,000 SF of industrial space at 1535 Grafton Road in Millbury, MA. The Stubblebine Company/CORFAC International represented the tenant, Wallboard Supply Company, and O’Brien...

02 Nov2020 CORFAC News

Bradford Team/CORFAC International Secures Five Leases in 30 Days for Renovated Arlington Downs Tower

With a recently renovated lobby as incentive, Bradford Commercial Real Estate Services/CORFAC International, has wrapped up a leasing flurry in Arlington Downs Tower, signing one newcomer, two expansions and three renewals in a 30-day spin. The fast-paced deal making has locked down 17,537 sf for the long term in the...

29 Oct2020 CORFAC News

The Stubblebine Co./CORFAC International Brokers $10.4 Million Sale of Industrial Facility

The Stubblebine Co./CORFAC International has brokered the $10.4 million sale of a 66,219-square-foot industrial facility in Woburn, MA. The nearly four-acre property is suitable for both manufacturing and warehouse and features 22-foot clear heights and substantial loading capacity. David, James and Micah...

22 Oct2020 CORFAC News

CORFAC Referral News: Voit Real Estate Services and Porter Realty Direct $2.35 Million Industrial Warehouse Sale Transaction

Brian Mulvaney, SIOR, CCIM, Senior Vice President & Partner, and Josh West, Vice President and Partner, of Voit Real Estate Services/CORFAC International’s San Diego, California, office successfully directed the $2.35 million sale of a 50,880 square-foot industrial warehouse building located at 5851 Quality...

19 Oct2020 CORFAC News

Bradford Commercial Real Estate/CORFAC International Represents Tenant in DFW Airport Industrial Lease

E&A TransPros Inc., an Illinois-based logistics firm, has landed in 19,643 sf of industrial space, expanding at a new location closer to Dallas/Fort Worth International Airport. The firm is settling into Prologis Inc.'s Hanover 4 at 801 Hanover Dr. in Grapevine, Texas. E&A has relocated from Carrollton...

16 Oct2020 CORFAC News

L. Mason Capitani/CORFAC International Earns Leasing Assignment for Class A Medical Office Building

L. Mason Capitani CORFAC International is pleased to announce they have been awarded the leasing assignment for the five-story class A medical office building located at 44344 Dequindre Road, adjacent to Beaumont Hospital in Troy, Michigan. The mixed-use facility offers conveniences such as access to on-site pharmacy, food...