CORFAC News

CONTACT: Art Ansoorian (805) 653-1648

TORRANCE, CA (January 21, 2014) – The Klabin Company/CORFAC International, perennially ranked among Los Angeles County’s top 25 commercial real estate brokerage companies, enters its 54th year in 2014 under new ownership after five veteran firm principals acquired the company from founder Stuart Klabin, announces David Prior, SIOR, president and shareholder.

The new shareholders of Klabin Co./CORFAC, in addition to Prior, are Todd Taugner, SIOR, David Grote, F. Ronald Rader, SIOR, and Doug Marshall, SIOR. Collectively, the new owners average 24 years experience in commercial real estate.

Prior, who has been firm president for 20 years, Taugner, and Grote are based in the firm’s Torrance office, while Rader and Marshall oversee the company’s Westside office. Klabin retains the position of chairman emeritus.  

“We plan to extend the success and goodwill enjoyed by the Klabin/CORFAC firm with our culture of openness and a professional staff that emphasizes sharing and leveraging information to the benefit of our clients. Additionally, we will aggressively hire quality new brokers from the area and strive to make younger associates partners of the firm,” Prior said.

Prior underscored that members of Klabin Co./CORFAC have long given back to their profession. Five of the company’s brokers are members of the Society of Industrial and Office Realtors, with veteran firm broker Frank Schulz currently serving as president of the SIOR’s Los Angeles Chapter. Prior and Marshall are past presidents of CORFAC International, while Prior is a past president of SIOR’s L.A. Chapter.