CORFAC News

The Stubblebine Co. and L. Mason Capitani Inc. join international commercial real estate association

Hollywood, FL (August 5, 2008) – CORFAC International, an international association of leading entrepreneurial and privately held commercial real estate service providers, today announced the addition of two new companies. Commercial real estate brokerage firms The Stubblebine Company and L. Mason Capitani Inc. have been selected as representatives of CORFAC International in the greater Boston and Detroit commercial real estate markets, respectively.

"We are excited to welcome The Stubblebine Company and L. Mason Capitani to CORFAC International,” said CORFAC International President James J. Garibaldi. Mr. Garibaldi is also Chief Executive Officer of The Garibaldi Group/CORFAC International, headquartered in Chatham, NJ. "Both of these prestigious firms will greatly enhance our market reach and scope of services.  This is an exciting time for CORFAC International, as our organization continues its geographic expansion.”

Founded in 1965, L. Mason Capitani of Troy, MI (a Detroit suburb) is a full service brokerage firm specializing in the sales and leasing of industrial, office, medical, and retail properties as well as the disposition of vacant land and investment sales. The firm also manages a multitude of commercial and mixed use properties. As a regional brokerage firm with private ownership, L. Mason Capitani, Inc entered into the relationship with CORFAC International to create a structure for doing business on a global scale. They are affiliated with SIOR, CCIM, BOMA and the Michigan Association of Realtors. L. Mason Capitani is perennially ranked within the top five brokerage firms in the Detroit Market based on aggregate sales and lease volume.

"Many of our clients have real estate needs in markets outside those that we regularly serve," said Mason E. Capitani, chairman of L. Mason Capitani. "Through CORFAC International, we’ll be able to refer clients to the appropriate member firm in each target market, with the confidence that every client will receive the same professional service and accountability they get from us. It is our opinion that CORFAC best represents the values and the approach to business that characterizes our firm.”

The Stubblebine Company, based in Lexington, MA, is a commercial real estate firm that specializes in the sale and lease of industrial/flex, investment and office properties in the suburban Boston, Central MA, Southern N.H. and Worcester areas. Founded in 1987, The Stubblebine Company was established with the goal of providing outstanding service to clients, and provides the sophistication, experience and capability of a large firm in a boutique service environment. The Stubblebine Company has been ranked by CoStar and the Boston Business Journal among the Top 10 commercial real estate companies in the Greater Boston area based on aggregate sales and leasing volume.

 "We are very proud to be joining one of the industry´s premier associations of leading independent commercial real estate firms," said David G. Stubblebine, President of The Stubblebine Company. "Our affiliation with CORFAC International will provide our clients with enhanced market expertise, global reach and powerful marketing resources, while allowing our firm to maintain our independence, entrepreneurial culture and local focus.”  

CORFAC International invites firms to join the organization based on geographic markets and the ability of the firm to respond to the requirements of clients and colleagues for services. CORFAC boasts one of the highest percentages of brokers with designations in professional associations, including the Society of Industrial and Office Realtors (SIOR), Certified Commercial Investment Members (CCIM), Counselors of Real Estate (CRE), the Institute of Real Estate Management (IREM) and Certified Property Managers (CPM) of any national organization or firm.

About CORFAC International
Corporate Facility Advisors - CORFAC International is one of the largest commercial real estate services organizations in the world.  CORFAC is comprised of privately held entrepreneurial firms serving more than 150 markets in The Americas and internationally through its King Sturge CORFAC International alliance.
 
Founded in 1989 and headquartered in Hollywood, Florida, CORFAC selects its firms based on their professional integrity, industry leadership, market coverage and high standards of excellence.  CORFAC boasts one of the highest percentages of brokers with designations in professional associations in the industry.

Last year, CORFAC firms completed 9,594 commercial real estate transactions, encompassing 340 million square feet and valued at $30 billion.  For more information on CORFAC contact 954-923-6160, info@corfac.com or visit www.corfac.com.