CORFAC News

Hollywood, FL and Portland, OR (January 5, 2010) –CORFAC International, an international association of leading entrepreneurial and privately held commercial real estate service providers, today announced its expansion into the Portland, Oregon market with the addition of Capacity Commercial Group to its roster of firms. The announcement was made by CORFAC International’s incoming, 2010 President Owen Rouse Jr., who is also a senior vice president and director of capital markets with Manekin, LLC/CORFAC International based in Columbia, Maryland (near Baltimore).Capacity Commercial Group covers the greater metropolitan area of Portland, which includes the southwestern region of Washington, as well as the balance of the state of Oregon. The firm’s concentration is on industrial and office sales, leasing and investment sales. In 2008, Capacity Commercial Group completed over 200 transactions with a total valuation of over $265 million.Don Ossey, SIOR, principal of Capacity Commercial Group said that the firm does several referral transactions per year both inbound and outbound with fellow SIOR brokers around the nation, so an affiliation with CORFAC International was a natural next step. “CORFAC International is a perfect fit for our firm,” said Don Ossey. “Our affiliation with CORFAC International will provide our clients with enhanced market expertise, global reach and powerful marketing resources, while allowing us to maintain our entrepreneurial culture and local focus.” “The combination of our senior level group of brokers with CORFAC’s global platform will better serve our clients well as provide the local expertise and experience to fulfill the requirements of inbound referrals from the network.”Capacity Commercial Group was formed in 2004 by three SIOR real estate professionals, Mr. Ossey, Jeff Falconer, SIOR and Mike Nye, SIOR, as an organization that would provide the highest level of professional support to its agents and a compensation structure designed to attract top professional talent. The firm has since grown to a total staff size of 29, with 23 producing brokers and six support staff. Eight of the 23 brokers have achieved the SIOR designation -- the most of any real estate firm in Portland. Capacity Commercial Group is run in a team-oriented style by seven partners, Messrs. Ossey, Falconer and Nye, as well as Scott Madsen, SIOR, John Kohnstamm, SIOR, John Fettig, SIOR and Dave Ellis.“Capacity Commercial Group has a stellar reputation as a premier commercial real estate firm in the Portland market, and is well-regarded as an organization that attracts top talent,” said CORFAC International 2009and out-going President Jeff Graham, SIOR. Mr. Graham is also Chief Executive Officer of King Industrial Realty/CORFAC International, headquartered in Jacksonville, FL. “The combination of Capacity Commercial’s senior level brokerage team combined with CORFAC’s global platform will better serve our clients well as provide the local Portland market expertise to fulfill the requirements of inbound referrals.”Capacity Commercial Group is a member of SIOR, NAIOP, NAR (including local realtor association – CAR – where Scott Madsen and Don Ossey have served as presidents), BOMA, Columbia Corridor Association, and the Portland Business Alliance. Capacity Commercial Group is located at 805 SW Broadway in Portland, OR. For more information visit www.capacitycommercial.com or call 503-542-4344CORFAC 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 InternationalCORFAC International is one of the largest commercial real estate services organizations in the world and celebrated its 20^th year in 2009. U.S.-based CORFAC is comprised of privately held entrepreneurial firms serving more than 150 markets in The Americas and internationally through alliances with UK-based King Sturge, BDI in Mexico, Rios CommercialCorp. in Puerto Rico and Panama-based Latin American Corporate Property Services. In recent years, CORFAC firms completed over 9,000 commercial real estate transactions annually, encompassing more than 300 million square feet and valued each year in excess of $30 billion. For more information on CORFAC contact 954-923-6160, info@corfac.com or visit: www.corfac.com.