All News

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...

EDMUND TIE Joins the CORFAC International Global Network

CORFAC is pleased to welcome EDMUND TIE/CORFAC International to the global network. Headquartered in Southeast Asia’s gateway city of Singapore, EDMUND TIE also has offices in Kuala Lumpur, Malaysia (NAWAWI TIE), and Bangkok, Thailand. CORFAC International has added 10 new offices to the network in 2019. Founded...

CORFAC International Welcomes Pittsburgh-Based Century Realty LLC, to the Network

CORFAC is pleased to announce Century Realty LLC/CORFAC International, with offices in Pittsburgh, Pennsylvania, and Wheeling, West Virginia, is the newest U.S. affiliate to join the growing global network. Century Realty is the third U.S.-based firm to join CORFAC this year. The network has also added six new international...

Congratulations to CORFAC's 2019 Standards of Excellence Winners

CORFAC International is pleased to announce the winners of the 2019 Standards of Excellence Awards, which recognize individuals who exemplify excellence, integrity, dedication and participation in the CORFAC network. Award winners were honored by CORFAC's 2019 President Sim Doughtie, CCIM, MCR, SLCR, SIOR, of King...

CORFAC Welcomes Amsterdam-Based Firm FRIS to the Network

CORFAC International is pleased to announce that FRIS -- located in Amsterdam, the Netherlands -- has joined the network as its newest affiliate. FRIS is a Dutch real estate company that has grown since 1923 into a full-service real estate services provider in residential, business and investment real estate brokerage;...

Voit Real Estate Services/CORFAC International Directs $2.4 Million Industrial Lease in El Cajon, CA

Voit Real Estate Services/CORFAC International is proud to announce that Jeff Saywitz, Senior Vice President in the San Diego, CA, office, successfully directed the $2.4 million lease of a 17,060 square-foot industrial warehouse in El Cajon, CA, on behalf of the lessee, Skyline Displays of San Diego. Skyline, an industry...

Stubblebine Company/CORFAC International Brokers $4.45 Million Transaction

The F.W. Webb Company, a wholesale distributor of plumbing, heating, cooling and industrial products, recently purchased 33 Sword Street, Auburn, MA, a 75,000 square foot single story industrial facility situated on 3.04 acres and formerly owned by Imperial Distribution, for $4,450,000. David Skinner, David Stubblebine,...

Japan Sees Uptick in Foreign Investor Inquiries

Global PMC/CORFAC International clinched two deals in Japan last month. The individual investor bought a penthouse apartment in Minato-gu, Tokyo, for about $12 million USD. Another investor bought five new residential mansion units in Tokyo for $1.8 million USD. Established in 2004, Global PMC, a small and medium-sized...

TRI Commercial/CORFAC International Announces Regional Expansion

TRI Commercial/CORFAC International has increased its roster by nearly 25 percent over the last six months, adding 12 brokers, four staff and two interns in the East Bay and eight brokers in the Sacramento region. The company, one of Northern California’s top independent commercial real estate brokerages, developed a...

CORFAC Connects With Retail Pros at ICSC's 2019 RECon

CORFAC International expanded its presence at the world's largest retail trade show for the third-straight year. Five CORFAC member firms connected with retail industry pros at the International Council of Shopping Centers (ICSC) RECon in Las Vegas in May.  Participating firms included Commercial Properties...

Ikea Brand Products to be Produced in Saltillo, Mexico

Ikano, a Swedish company, that administrates the IKEA brand for Southeast Asia and Mexico, will invest around $170 million dollars for a plant where they will manufacture comfort products in Ramos Arizpe, Coahuila, Mexico. Ikano announced on its website that they purchased 78-hectares of land within the Chuy...

Commercial Properties Inc./CORFAC International Is Pleased to Announce 170,000-SF Industrial Lease for National RV Centers

Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the long-term lease of the entire 170,625-square foot building for National Indoor RV Centers (NIRVC-AZ, LLC). Originally built in 2011, the Class A industrial manufacturing...

CORFAC Welcomes Forte Commercial Real Estate to the Network

CORFAC International is pleased to announce that Forte Commercial Real Estate has joined the network as our newest affiliate. Based in Denver, Forte serves clients throughout the Colorado front range and nationally. Formed in 2008, Forte Commercial Real Estate helps organizations execute office and industrial space...

CORFAC Congratulates 2018 CoStar Power Brokers

CORFAC congratulates the many firms and individuals in the network who were recognized in the 2018 CoStar Power Broker Awards. Every year CoStar celebrates the top commercial real estate firms and brokers in the United States and Canada. Congratulations to the following CORFAC members who were recognized: CORFAC Winners...

Commercial Properties Inc./CORFAC International Announces $8.6 Million in 1Q19 Sales for Jaffe/Griswold Team

Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce $8.63 million in total sales activity for the Andy Jaffe and Rex Griswold team in the first quarter of 2019. Activity in the Phoenix market is strong and opportunities for users...

CORFAC Celebrates 30 Years as a Network

Over the last three decades, commercial real estate has seen tremendous changes — from technology to the birth of entirely new asset classes. Through all the transformations, there has been a constant demand for local expertise from respected commercial real estate brokers.  Now in its 30th year,...

Voit Real Estate Services/CORFAC International Represents Buyer in a $9.5 Million Office Transaction

Voit Real Estate Services/CORFAC International announced that a private investor acquired Cornerstone Office Center from MIG Real Estate for $9.5 million. Todd Holley of Voit Real Estate Services represented the buyer. CBRE’s Louay Alsadek and Hunter Rowe represented the seller, MIG Real Estate, a real estate...

Asset Build Co. Ltd. Joins CORFAC International as Japanese Affiliate

CORFAC International is pleased to announce that Tokyo-based Asset Build Co. Ltd. has joined the CORFAC global real estate network as its first affiliate in Japan.  Asset Build Co Ltd./CORFAC International offers clients a comprehensive range of real estate consulting, investment, development and management services...

First Capital Property Group Joins CORFAC International as Central Florida Affiliate

CORFAC International is pleased to announce that Orlando-based First Capital Property Group, Inc. has joined the CORFAC global real estate network as its affiliate in Central Florida, where it provides a full range of commercial real estate services. Formed in 1995, First Capital Property Group/CORFAC International...

Commercial Properties Inc./CORFAC International Completes $1.6 Million Office Condo Sale

Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of 15215 S. 48th Street in Ahwatukee, Arizona. Comprised of 5,930 square feet, this medical office condominium is located just north of Chandler Boulevard on 48th Street...