CORFAC News

06 Mar2020

CORFAC Congratulates 2019 COR$TAR Award Winners

CORFAC International congratulates the winners of the 2019 COR$TAR Awards, which recognize member firms and individuals for their in-network referral transactions.

The awards were announced at CORFAC’s Spring Conference in Playa del Carmen, Mexico, on March 6, 2020. The COR$TAR Awards recognize the largest member-to-member referral transactions in the office, industrial, retail, investment and cross-border categories for both volume and square footage, as well as the firm with the most referrals the prior year.

“Congratulations to all COR$TAR Award recipients, and how about The Garibaldi Group sending out 16 referrals last year!” said 2020 CORFAC President Alan Joel, CCIM, of Joel and Granot Real Estate/CORFAC International in Atlanta, Georgia. “Our CORFAC International relationships allow us to serve our clients, beyond our own markets, with qualified local experts we know and respect. It’s what CORFAC is all about, and the COR$TAR Awards recognize the people who leverage the strong global network we have.”

The 2019 COR$TAR Award winners include:

Largest Industrial Referral - Dollar Value and Square Feet The Garibaldi Group/CORFAC International in Chatham, New Jersey, referred a 600,000 square foot industrial lease in Milwaukee, Wisconsin, valued at $3.5 million for client DRS Technologies, to Samuel Dickman Sr., SIOR, of The Dickman Company/CORFAC International in Milwaukee.

Largest Office Referral - Dollar Value The Garibaldi Group/CORFAC International referred a $1.1 million office sale in Elizabeth City, North Carolina, for client Telephonics, to W. Mike Lewis, CCIM, SIOR, and Alison Starosky of The Lewis Group/CORFAC International in Raleigh, North Carolina.

Largest Office Referral – Square Feet Michael Bartolacci of The Garibaldi Group/CORFAC International in Bethlehem, Pennsylvania, referred a 259,046 square foot office sublease in Houston, Texas, for client B&G Foods North America, to David Munson, SIOR, of Boyd Commercial/CORFAC International in Houston.

Largest Retail Referral – Dollar Value and Square Feet Jason McCart of King Industrial/CORFAC International in Atlanta, Georgia, referred a $12.7 million, 171,000 square foot and 18-acre retail lease in Surprise, Arizona, for client National Indoor RV Centers, to Andy Jaffe and Rex Griswold of Commercial Properties Inc./CORFAC International in Tempe, Arizona.

Largest Investment/Land Referral – Dollar Value and Square Feet The Garibaldi Group/CORFAC International referred a $110,000 industrial land sale on 3 acres in Jackson, Tennessee, on behalf of client Suburban Propane, to Steven Reeves of Chas. Hawkins Co./CORFAC International in Nashville, Tennessee.

Largest Cross-Border Referral – Dollar Value and Square Feet The Garibaldi Group/CORFAC International referred a $1.1 million, 80,000-square foot industrial lease for client Closet Maid, to Rodolfo Saucedo of Citius Capital/CORFAC International in Monterrey, Mexico.

Greatest Number of Outbound Referrals The COR$TAR Award for the most referrals went to The Garibaldi Group/CORFAC International, which had a total of 16 outbound referrals last year.