CORFAC News

Chicago, IL (June 10, 2015) –CORFAC International President Scott Savacool, CCIM, SIOR, announced today that Baltimore’s Blue & Obrecht Realty and Chattanooga, TN-based McCormick & Company Commercial Real Estate have joined CORFAC International as the commercial real estate network’s newest North American affiliates. Earlier this year CORFAC added new international affiliates in France (BG Carré/CORFAC International) and Spain (P&A Siglo XXII/CORFAC International).

Member-driven and entrepreneurial, CORFAC International (Corporate Facility Advisors) is the only remaining global association of independent brokerage firms that wish to steadfastly maintain their independence and work collaboratively to serve their clients.

Blue & Obrecht Realty/CORFAC International serves Baltimore and the Mid-Atlantic region. The company focuses on brokerage services, assisting tenants, owners and investors with their real estate requirements in the office, industrial, flex, R&D and to a limited degree, retail sectors. The firm is affiliated with Obrecht Properties, LLC, which offers development and construction services and manages 3 million square feet of commercial property.

Blue & Obrecht Realty/CORFAC International is managed by Founder/President Richard “Richie” F. Blue Jr., SIOR, Senior Vice President David Paulson, SIOR and Senior Vice President Paul F. Obrecht III, SIOR. The company is located at 9475 Deereco Rd # 200, Timonium, MD 21093. Learn more at www.blueobrecht.com or call 410.561.5568.

McCormick & Company/CORFAC International serves Southeastern Tennessee and Northern Georgia in the office, retail, mixed use and industrial property sectors, and also has a property management business unit. The firm is headed by founder Gerald McCormick and Vice President Peter Avisto. McCormick & Company/CORFAC International is located at 832 Georgia Avenue, Ste. 450 in Chattanooga. Learn more at www.mccormickcre.com or call 423.602.9800.

“This is a dynamic time in the commercial real estate business with some of the big national firms merging their companies and others competing for a higher rung on the ladder. The fact that we keep attracting strong and local independent firms here and abroad is an affirmation that our affiliation platform is not only attractive to commercial real estate firms to join CORFAC, but it is also an effective network model for serving our clients regionally, nationally and internationally,” said 2015 CORFAC President Scott Savacool, who is with the Office Brokerage Division of St. Louis, MO-based Sansone Group/CORFAC International, where he specializes in tenant and landlord representation.

About CORFAC International
CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC firms completed more than 10,000 lease and sales transactions totaling approximately 400 million square feet of space valued in excess of $7.4 billion in 2014. For more information on the CORFAC network, call 224.257.4400 or visit www.corfac.com.