CORFAC News

White Plains, NY, December 7, 2009 - Howard E. Greenberg, President of Howard Properties, Ltd./CORFAC International announced that his firm represented Protravel International, Inc. in a long-term lease of a 7,000-square-foot office space at 500 Mamaroneck Avenue in Harrison, New York.

500 Mamaroneck Ave. is owned by Malkin Properties, which owns and manages over 14 million square feet of office, retail, residential and warehouse/distribution property in 15 states, including 11.0 million square feet of trophy office property in the greater New York City area.Founded in 1984, Protravel International, Inc. is a full-service retail travel company. With annual sales approaching $600 million, they rank among the top privately held agencies in the United States with 22 offices and more than 550 employees.“When we decided to acquire one of the top travel agencies in Westchester County, we knew it was time to upgrade their space, and to provide room for additional acquisitions in a new state-of-the art facility. Working in a very tight time frame, Howard Greenberg helped us to identify and secure the right space, which resulted in an almost seamless transition for all of our new employees,” said Priscilla Alexander, President of Protravel International, Inc.Howard E. Greenberg may be reached via email at howard@howprop.com or by calling his office at 914.997.0300.About Howard Properties, Ltd./CORFAC InternationalHoward Properties, Ltd./CORFAC International, which is headquartered in White Plains, NY, specializes in tenant representation and real estate consulting. Founded by veteran commercial broker Howard E. Greenberg in 1998, Howard Properties has completed space acquisitions, dispositions, lease renegotiations and consulting assignments in 20 states. The firm is an affiliate of CORFAC International. CORFAC International is one of the largest commercial real estate services organizations in the world and celebrates 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 Commercial 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