CORFAC News

Chicago, IL - Scott Savacool, CCIM, SIOR, and 2015 President of CORFAC International announced today that Precision Realty Group LLC (PRG), has joined CORFAC International as its newest domestic affiliate and will cover Philadelphia’s urban and suburban submarkets and Southern New Jersey.

Led by Principals Shaun Lyons, Steve Jeffries and Britt Mazzagatti, Precision Realty Group/CORFAC International (www.precisionrg.com) is recognized as one of the premier boutique real estate companies in Philadelphia providing broad market reach and clients with senior-level leasing and sales services to occupiers and property owners in retail, office, industrial, multifamily and land sectors.

An invitation-only network of privately held and entrepreneurial commercial real estate brokerage and property management firms with 81 offices throughout the Americas, Europe and Asia, CORFAC International invited Precision Realty Group to join after a strong endorsement from Joe Latina, a Principal of Patterson-Woods Commercial Properties/CORFAC International, based in Wilmington, DE.

Shaun Lyons is President & CEO of the firm he co-founded in 2007 with Steve Jeffries.

Lyons is a former Adjunct Professor at the School of Business at Villanova University where he taught at The Daniel M. DiLella Center for Real Estate. He received his bachelor’s degree from Villanova.  Jefferies, born and raised in the Philadelphia area, is a graduate of Elon University in North Carolina. Both men are former recipients of the “Top 40 under 40” in commercial real estate (Lyons by the Philadelphia Chamber of Commerce and Jeffries by the Pottstown Mercury and the Tri-County Area Chamber of Commerce); the recognition honors top young producers in the Philadelphia suburbs. Britt Mazzagatti is the President of PRG’s Management Division. He holds a bachelor’s degree in business finance and accounting from Neumann College/Villanova University and has over ten years of experience managing office and industrial portfolio’s in the Philadelphia region.

"We are pleased to welcome Precision Realty Group to CORFAC International," said Savacool. "Precision Realty Group’s extensive local knowledge and contacts in the Philadelphia area strengthens our global network and provides our members with best-in-class real estate services in an important U.S. market."

"We are honored to become members of the CORFAC International network,” said Jeffries."By being part of CORFAC International, we are confident this relationship will enable us to leverage our senior-level expertise and client base into new business opportunities in the Philadelphia area and other markets. We look forward to working with a group of like-minded professionals to better serve our clients and theirs,” Jeffries added.

CORFAC’s current President, Scott Savacool, is also a Senior Associate and office specialist with Sansone Group/CORFAC International based in St. Louis, MO. John Homsher, CCIM and a principal with Chicago-based Podolsky|Circle CORFAC International will be CORFAC’s president beginning in 2016. CORFAC’s Executive Committee each serve a year as Secretary, Treasurer, Vice President and President.

About Precision Realty Group/CORFAC International
Precision Realty Group LLC (PRG) is one of the most active investment brokers in the region. The firm’s mission is to provide superior value-added service to tenants, clients and customers and to maximize value for owners and clients through a commitment to excellence in everything that it does. Its strengths are in understanding the fundamentals of each asset and creatively structuring transactions that maximize the value to each client. PRG has expertise in single and multiple-property acquisitions and dispositions with sale leasebacks, net-leased properties and in 1031 tax-deferred exchanges. In recent years PRG added tenant representation services in addition to property management.