CORFAC News

Falls Church, VA (April 15, 2013) – CORFAC International (Corporate Facility Advisors) announced the winners of the organization’s annual COR$TAR Awards. The awards recognize referrals between CORFAC brokerage professionals in which two or more brokers from different firms represented a single client and company in a completed lease or sale transaction.

The COR$TAR Awards were presented at CORFAC International’s recent 2013 Spring Conference in Las Vegas by 2013 CORFAC International President Bill Hawkins, principal of The Chas Hawkins Co./CORFAC International in Nashville, TN.

The top brokers who referred transactions to other CORFAC Affiliates were:

Top Office Lease by Size and Dollar Value

• Jeffrey Garibaldi and Gerald Moore of Garibaldi Group/CORFAC International (based in Chatham, NJ) referred a leasing assignment to Adam Nachlas, SIOR of Manekin, LLC/CORFAC International (based in Baltimore, MD) who subsequently secured a 24,033-square-foot office lease on behalf of DRS Defense Solutions LLC in Rockville, MD. The lease was valued at $4.3 million.

Top Industrial Lease by Dollar Value

• Scott Madsen, SIOR, Capacity Commercial Group/CORFAC International (based in Portland, OR) referred a leasing assignment to Steven Tick, SIOR, Podolsky|Circle CORFAC International (based in Chicago, IL) who subsequently secured a 236,273-square-foot industrial facility on behalf of Johnstone Supply in Joliet, IL.  The lease was valued at $7.5 million.

Top Industrial Transaction by Size

• Steven Podolsky, SIOR, Podolsky|Circle CORFAC International based in Chicago, IL) referred a leasing assignment to Treat MacDonald, SIOR, CCIM, Crump Commercial, LLC/CORFAC International (based in Memphis, TN) who subsequently secured a 404,400-square-foot industrial facility on behalf of New Breed Logistics in Memphis, TN.

Top Land Deal

• J. Michael Boyd, SIOR, CRE, Boyd Commercial, LLC/CORFAC International (based in Houston, TX) referred a land sale requirement to Daniel Gostylo and Phil Crane of Providence Commercial RES/CORFAC International (based in San Antonio, TX) who subsequently sold 35 acres of land in San Antonio, TX on behalf of WW Rowland Trucking Company. The property sold for $1.95 million.

Top Retail Lease by Size

• Tim Cherre of Sansone Group/CORFAC International (based in St. Louis, MO) referred a leasing assignment to Daniel Gostylo of Providence Commercial RES/CORFAC International (based in San Antonio, TX) who subsequently secured a 21,530-square-foot property leased by La Frontera Village in Austin, TX.   

Top Retail Lease by Value

• Scott Savacool, SIOR, CCIM of Sansone Group/CORFAC International (based in St. Louis, MO) referred a leasing assignment to Brett Zelner, Lansco Corporation/CORFAC International (based in New York, NY) who subsequently secured a 1,500-square-foot retail location in Manhattan, NY for Scottrade, Inc. The value of the lease was $2.24 million and it was the 274th completed lease transaction in North America that Scott Savacool has participated in on behalf of his client Scottrade.

Most Referrals by Broker and Company

• Tim Cherre of St. Louis-based Sansone Group/CORFAC International was named the overall Top Producer with 14 referred and completed lease or sale transactions throughout the CORFAC organization in 2012.  The Sansone Group/CORFAC International received the award for top referring firm, with 26 outbound CORFAC referrals.

Corporate Facility Advisors (CORFAC International) has 86 affiliated offices worldwide.

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.  In association with FIABCI (the International Real Estate Federation) and global affiliates, CORFAC International offers commercial real estate services with market reach in 65 countries worldwide. In recent years, CORFAC firms have averaged over 8,500 completed transactions annually totaling more than 600 million square feet worth an excess of $5.2 billion for their customers. For more information on the CORFAC network, contact 703.532.6160 or visit www.corfac.com.