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David Skinner of The Stubblebine Company/CORFAC International, represented the buyer, 75 Hale Street LLC, and David Ellis of Ellis Realty Advisors represented the seller, Hale Street Realty Trust, in the sale of a distribution center at 75 Hale Street in Bridgewater, Massachusetts, for $1,950,000. The building...
Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of Parcel 1 located in Sycamore Station in Mesa, Arizona. An investment buyer purchased just over 4 acres for $3.8 million. The property is...
HWBC/CORFAC International Advises on €182M Purchase in Dublin
GLL Real Estate Partners, an affiliate of the Australian investment bank Macquarie Group and Patrizia AG, has completed the acquisition for €182 million of the Bishop’s Square office scheme in Dublin city centre. While the successful completion of the sale represents a particular coup for Hines, it will...
10 Ways to Increase Productivity in These Challenging Times
As we work through these unprecedented times, commercial real estate professionals are looking for ways to keep their deals and businesses going. With the help of one of their clients, the team at Joel and Granot Real Estate/CORFAC International came up with a list of ways to use this slower time to improve your operational...
Trepp's Economic and Commercial Real Estate Loan Forecasting Model Analyzes Default Trends
To gauge the impact of the COVID-19 disruption, Trepp has applied an economic and real estate forecast scenario to a portfolio of 12,500 commercial real estate loans. The findings were perhaps to be expected: Defaults are expected to increase, in some cases significantly. Under the scenario Trepp used, the...
CORFAC International Welcomes St. Louis-Based Intelica CRE to the Network
CORFAC is pleased to announce Intelica CRE/CORFAC International, in the St. Louis suburb of Creve Coeur, Missouri, is the newest U.S. affiliate to join our growing global network. Intelica CRE is the second domestic firm to join CORFAC this year, building on 2019’s record-setting growth of seven new firms....
CORFAC Headquarters Update and Response to COVID-19
CORFAC hopes this finds our members in good health and positive spirits. We wanted to provide an update on CORFAC Headquarters operations in light of COVID-19. The State of Illinois issued a stay-at-home order for all residents to prevent further spread of COVID-19 effective March 21-April 30, 2020. CORFAC...
L. Mason Capitani/CORFAC International Represents Buyer in Fully Leased Office Investment Purchase
Mason L. Capitani, SIOR, of L. Mason Capitani CORFAC International has successfully represented the purchaser, LREH Michigan, LLC, in the acquisition of the 128,829 square foot office property located at 37101 Corporate Drive in Farmington Hills, Michigan. Built in 2001, the class “A” building is fully leased...
CORFAC Congratulates 2019 COR$TAR Award Winners
CORFAC International congratulates the winners of the 2019 COR$TAR Awards, which recognize member firms and individuals for their in-network referral transactions. The awards were announced at CORFAC’s Spring Conference in Playa del Carmen, Mexico, on March 6, 2020. The COR$TAR Awards recognize the largest...
L. Mason Capitani/CORFAC International Negotiates Long-Term Industrial Lease
L. Mason Capitani/CORFAC International is pleased to announce the recent long-term lease of a newly constructed industrial building located at 15000 Commercial Drive in Shelby Township, Michigan, to Ethel’s Baking Company. The lease was negotiated by Joe DePonio III, SIOR, of L. Mason Capitani/CORFAC International in...
CORFAC International Welcomes Darwin Realty to the Network
CORFAC is pleased to announce Darwin Realty/CORFAC International, in the western Chicago suburb of Elmhurst, IL, is the newest U.S. affiliate to join our growing global network. Darwin Realty is the first U.S.-based firm to join CORFAC this year, building on 2019’s record-setting growth of seven new firms....
Bradford Wins Leasing, Management for Five-Property Office Portfolio in Fort Worth, Texas
Waco, Texas-based Lakeland West Capital LLC has selected Bradford Commercial Real Estate Services/CORFAC International to lease and manage a five-property office portfolio in Fort Worth, the Mid-Cities and Arlington. Erik Blais, a vice president in the Fort Worth office of Dallas-based Bradford, placed the...
Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of Lindsay Groves Marketplace, a 16,187 square foot retail center at 2723-2727 E McKellips Road in Mesa, Arizona. The shopping center is shadow-anchored by Walmart...
TÜV SÜD America Inc., has recently renewed and expanded its presence in San Diego. They have renewed their lease for their administrative offices and testing facility at 10040 Mesa Rim Road, in Sorrento Mesa, CA, while simultaneously taking additional office space at 9920 Pacific Heights Boulevard, as well as in...
Voit Real Estate Services/CORFAC International Directs $9 Million Lease in Anaheim, CA
Voit Real Estate Services/CORFAC International is proud to announce that Jack Faris, Senior Vice President and Partner in the Irvine, California, office, successfully directed the $9 million lease of a 151,181 square-foot industrial warehouse in Anaheim, on behalf of the tenant, Etekcity Corporation. The landlord, Anaheim...
Joel & Granot Real Estate/CORFAC International Leads Value-Add Renovation in Atlanta
Finding and buying value-add commercial real estate properties is nearly impossible in the Metro Atlanta area these days, but local firm Joel & Granot Real Estate/CORFAC International, has succeeded in doing just that. JGRE led the purchase of a value-added renovation opportunity in the elusive Buckhead neighborhood of...
Bradford/CORFAC International Renews Long-Term Lease for Texas Women's Foundation
Texas Women's Foundation, a leading advocate statewide, has signed a long-term renewal and expansion for its headquarters office in Campbell Centre in North Dallas, Texas. The organization, one of the world's largest women's foundations, has expanded to 6,050 sf on the first floor of the class A...
Congratulations to Scott Hensley, CCIM, SIOR, and Lester Osborn, SIOR, of Piedmont Properties of the Carolinas/CORFAC International, on the closing of a 64,975-sf industrial investment purchase for client 330 Main Equities, LLC, valued at more than $4.1 million. The property is located in Columbia, South Carolina....
CORFAC Announces 2020 Leadership Team
CORFAC International is pleased to announce that Alan Joel, CCIM, Principal of Joel and Granot Real Estate/CORFAC International in Atlanta, GA, will begin his term as 2020 President of the organization on January 1. CORFAC extends its appreciation to 2019 President Sim Doughtie, CCIM, MCR, SIOR, SLCR, President of King...
Commercial Properties Inc./CORFAC International Announces Sale Class A Medical Office Building
Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of 121,632 square feet at 1760 E. Pecos Road in Gilbert, Arizona. Originally built in 2007, the multitenant medical office building is approximately 130,897 square...
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