Corfac News

www.mdlgroup.com

Core property segments and services: We deal with sales and leasing of industrial, office, retail, land and multifamily as well as industrial, office, retail and professional office associations for property management.

Market areas served: All of Southern Nevada, including Las Vegas, Henderson, North Las Vegas, Pahrump and Mesquite.

Member of CORFAC since: 2015

Key Principals: 

Hayim Mizrachi, CCIM    702-388-1800 hmizrachi@mdlgroup.com

Carol Cline-Ong, CCIM     702-388-1800                 ccline-ong@mdlgroup.com

How long has MDL Group/CORFAC International been in business? “June will mark our 27th year in business.”

Who are some of your most notable clients? How do you serve them? “Harsch Investment Properties, which is one of the largest landlords in southern Nevada. We list about 2 million sf of their industrial portfolio in Henderson, NV. Kidney Specialists of Southern Nevada is another major client. We handle all of their lease administration for existing medical office spaces, new locations and site selection for their build-to-suit dialysis clinics. In addition, we provide property management for MCA Capital’s 370,000 sf portfolio and some leasing.”

What was your most notable transaction during the past year? “The most notable deal was done by Jarrad Katz, CCIM, SIOR. He facilitated a build-to-suit between 3G Productions and Panattoni. The project consisted of site selection of +/- 5.4 acre parcel located in the airport submarket and a lease/option to purchase for a +/- 68,000 sf office/warehouse/and corporate events facility. The land purchase was $1.9 million and the development consideration was $11,880,000. The most gratifying part of the deal is that the client was referred to us by a local lender.”

What makes your firm the go-to solution for clients? What do you do better than anyone else in your market? “Simply put we have an institutional grade service delivery that is coupled with the type of high level service you can only get from a boutique firm. What are we most proud of is the investments we make in our people. They make the company the go-to-solution and we provide them with a caring, dignified environment to develop and prosper. One example is that we have a Personal Development Reimbursement program whereby everyone in the company from the top executive to the filing admin receives $500 annually to pursue some sort of personal or professional development. Folks are using it for things like Excel classes, Dale Carnegie Courses, Financial Freedom Seminars and Tough Mudder races to name a few.”

What do you value most about your CORFAC membership? And why do you stay affiliated with the network? “We are relatively new. Our experience so far is that the membership is comprised of genuine people focused on providing valued solutions for their clients. If we can keep ourselves surrounded by this type of influence success is imminent.”

What’s the most important thing about your firm that you’d like to share with other members? “We are team players. If you call us for assistance that might not lead to an immediate large fee for our bank account, but will help you in some form or fashion, we are happy to help. One member reached out and asked us to run a property search for a survey they were doing to try to win some business. Another called us in a pickle because they needed a Nevada broker to process a commission in our state for an escrow they were trying to close. In both instances we provided support with no expectation.”