CORFAC International’s new Mexican affiliate, Citius Capital/CORFAC International, has corporate headquarters in San Pedro and offices in San Luis Potosi, Queretaro, Guanajuato, Cd. Juarez, Reynosa, and Aguascalientes. Citius plans to open an eighth office in Mexico City in 2015.
Firm principals are co-founder Miguel Cavazos, SIOR, CCIM; co-founder Dario Villarreal, SIOR, CCIM; Antonio Cano, SIOR; and John Best, SIOR. Cavazos is the Chief Managing Partner for Northeast Mexico, Villarreal is the Managing Partner for Central Mexico, Cano is the Managing Partner for Northwest Mexico, and Best is based in Cd. Juarez.
Citius Capital specializes in industrial and office brokerage services for end users, investors and developers, including site selection, buyer/tenant representation, construction supervision, marketing services and buy/sell transaction management. Citius Capital has extensive experience in lease, sale and build-to-suit transactions and has represented Danone, Bell Helicopter, Johnson Control, Polaris and the Japanese firms, Mitsubishi Electric and Toyota Tsusho, in development deals from 120,000 square feet to 440,000 square feet in Mexico.
Citius Capital estimates approximately 20% of their business originates in Mexico, 30% in North America, 30% in Asia, and 10% in Europe, mostly from the automotive industry.
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, 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.