CORFAC News

Portland, OR (July 30, 2012) - The $9,000,000 sale of Sapa Canada Inc.’s 116,500 SF industrial facility on 6 acres is located in a suburb of Vancouver B.C. The facility was referred and co-brokered by Allen Patterson, SIOR, Senior Vice President of Capacity Commercial/CORFAC International and the MacDonald Commercial Real Estate/CORFAC International of Vancouver BC to the buyer, Lloyd Investments, LTD.

“We are very proud of Allen’s accomplishments in completing the largest industrial transaction in the CORFAC International network in the past year,” said Don Ossey, SIOR Principal at Capacity Commercial Group.  “Allen has been a leader in Portland’s industrial market for over 30 years and has been a team oriented broker his entire career.  Allen consistently demonstrates superior market knowledge, strong negotiating skills and tremendous loyalty to his clients.”

The annual Awards were presented at CORFAC International’s recent bi-annual conference in San Antonio, TX and include office, industrial, investment, land and retail sectors of commercial real estate.

U.S.-based CORFAC International is comprised of privately held entrepreneurial firms with global affiliates throughout the Americas and in Europe and Asia, with market reach in 65 countries worldwide.  In recent years, CORFAC firms have averaged 10,000 completed transactions annually encompassing nearly 1 billion square feet and valued at more than $16 billion.