Corfac News

www.porterinc.com

Core property segments and services: Focus on Industrial/Flex Brokerage (sales and leasing), full range of Brokerage Services (including Office, Retail, Land, Investment), Lease Administration and Property Management and Consulting.

Market areas served: Richmond, VA, metropolitan statistical area as well as Hampton Roads, VA, MSA, including Suffolk, Chesapeake, Newport News and Norfolk.

Member of CORFAC since: 1997

Key Contacts in the Firm: 

Cliff Porter, CCIM, SIOR 804-521-1442 cliff@porterinc.com

Kevin Cox                         804-521-1468 kevin@porterinc.com

How long has Porter Realty Company/CORFAC International been in business? 

Porter Realty is family-owned and operated since 1965 and offers a full range of brokerage services in the industrial, office, retail and land sectors, including lease administration and property management, all customized to fit the needs of the individual client. We have six brokers and 10 staff members.

Who are some of your most notable clients? How do you serve them?

International Paper – Landlord & Tenant Representation, Evergreen Enterprises Inc./Plow & Hearth – Tenant Representation, Hill Phoenix Refrigeration – Tenant Representation, UPS – Tenant Representation, Irby Utilities – Tenant Representation, Becknell Industrial – Landlord Representation

What was your most notable transaction during the past year?

The sale of 1000 Technology Park Drive, a 63,289 square foot modern industrial facility, for $3,725,000. Dick Porter and Kevin Cox represented the seller and Cliff Porter represented the buyer, Cobb Technologies, which is relocating/consolidating its existing operations into the Technology Park Drive facility. The property was formerly occupied by Hohner Inc., the musical instrument manufacturer best known for its harmonicas. Hohner Inc. is a division of KHS America, and has relocated its Richmond-area operation to a newly built facility in Nashville, TN. Cliff Porter has also been retained to market the buyer’s existing Richmond-area facilities that are for sale.

What makes your firm the go-to solution for clients? What do you do better than anyone else in your market?

Our firm principals are involved in deals from start to finish, and pride themselves on being accessible. Four of the firm brokers hold both the CCIM and SIOR designations and two of our principals also hold dual office and industrial designations. Our 10-member staff is experienced and energetic and focused on delivering high quality service to the firm’s clients. Industrial/flex sales and leasing is our specialty – we are the leading industrial firm in the metro area – and we also handle office, retail, investment sales and a multitude of land sites. Our services can be customized to the client’s specific needs.

What do you value most about your CORFAC membership? And why do you stay affiliated with the network?

The opportunity to network with brokers/staff from like-minded firms, to share best practices and to keep update with industry/technology trends. We also value the opportunity to expand our reach through network affiliations and to offer multi-market solutions to clients.

What’s the most important thing about your firm that you’d like to share with other members?

Our brokers and staff are committed to delivering high-quality service to all our clients. We are committed to excellence, in keeping with the firm’s founding principles, thorough market knowledge, superior service, creative problem solving and uncompromising integrity. We combine in-depth knowledge of the local market with a global reach, bringing enthusiasm and creativity to each and every project.