CORFAC News

Patterson-Woods Commercial Properties/CORFAC International Facilitates $1.895 Million Office Sale in Wilmington, DE

Patterson-Woods Commercial Properties/CORFAC International, a leading full-service commercial real estate provider serving the mid-Atlantic market, announced the completion of the sale of an office building located at 913 Delaware Avenue in Wilmington, DE. The single-story building measures 8,100 square feet and sits on...

Eleven CORFAC Affiliates Celebrate Milestone Anniversaries

CORFAC International congratulates 11 affiliate member firms who are celebrating milestone anniversaries in the network this year. Since 1989, CORFAC has been the leading network for independent brokerage companies around the world. Congratulations to the following members: 20 Years King Industrial Realty, Inc. of...

CORFAC International's 2017 Highlights

CORFAC would like to thank all of our members, sponsors, industry partners and professional colleagues for making 2017 a great year for the organization. Key highlights follow.  CORFAC Transaction Volume. CORFAC firms continue to generate a great deal of business with an estimated 11,000 closed sale and lease...

Global PMC/CORFAC International Facilitates $12 Million USD Investment Sale in Japan

In the overseas real estate investment market, which has been led by institutional investors, it is somewhat unusual for individuals to buy small- and medium-sized buildings instead of homes. Additionally, there have been few reliable overseas small- and medium-sized consulting companies available to help facilitate these...

Demand For Cannabis Real Estate is Growing Like a Weed

Legalized marijuana is coming soon to a state near you. Currently, 29 states allow medical marijuana and eight more have legalized recreational use, creating a $6.5 billion market that may grow to $22 billion by 2021. This rapid growth represents opportunities for brokers and developers who can navigate the...

Piedmont Properties/CORFAC International Facilitates $3.95 Million Sale of a Warehouse/Distribution Facility in Charlotte, N.C.

Piedmont Properties/CORFAC International, a leading full-service commercial real estate provider serving the Southeastern U.S., today announced the completion of the sale of a 60,000 square foot distribution facility sitting on 15 acres of land located at 4001 Morris Field Road in Charlotte, NC.  The...

Farebrother/CORFAC International Negotiates Several Leases with WeWork in London

International co-working specialist, We Work, is now the largest single office occupier in London. A string of deals has seen the provider lease or acquire more than 2.25 million square feet of office space in the U.K. capital during the past 18 months.  Farebrother/CORFAC International has let more...

CORFAC International Announces 2018 Leadership Team

CORFAC International is pleased to announce that Andy Jaffe, Senior Vice President of Commercial Properties Inc./CORFAC International in Tempe, AZ, (above, far left ) will begin his term as 2018 President of the organization on January 1. CORFAC extends its appreciation to 2017 President G. Raymond Lyons, CCIM, MRICS,...

Commercial Properties Inc./CORFAC International Recognized as a Top U.S. Industrial Brokerage

CORFAC International is pleased to congratulate Leroy Breinholt, President and Dedicated Broker, with Commercial Properties Inc./CORFAC International in Tempe, AZ, and the firm's entire Industrial Leasing Team, which ranked 7th on Real Estate Forum's 2017 Top U.S. Industrial Leasing...

Henkle Schueler/CORFAC International Brokers 95 Acres in Land Deal

Jeff Eichhorn of Henkle Schueler/CORFAC International has successfully brokered a 95-acre commercial/industrial land deal in Harrison Township in Ohio valued at over $6,000,000. Henkle Schueler has been working with the buyer to secure land for its future operations. A 58,000-square-foot freezer warehouse is planned...

Podolsky Circle/CORFAC International Brokers Sale of Industrial Property in McHenry, IL

Podolsky Circle/CORFAC International has arranged the sale of a 288,00-square-foot industrial property in McHenry, IL. Brake Parts Inc. (BPI) occupies the property, located at 4400 Prime Parkway, for its global headquarters. Alissa Adler, John Homsher and Paul Tesdal of Podolsky Circle/CORFAC International...

Piedmont Properties/CORFAC International Facilitates $1.175 Million Sale of an Industrial Building in Charlotte, NC

Piedmont Properties/CORFAC International, a leading full-service commercial real estate provider serving the Charlotte market, today announced the completion of the sale of an industrial building located at 7929 Statesville Road. The property measures 15,150 square feet and is situated on 0.91 acres, zoned I-1. The...

CRE Firms Must Develop New Talent to Thrive

It’s well known that companies are focused on competing for the best employees. The so-called War for Talent was in full swing even when unemployment levels reached double digits. Now that unemployment rate has fallen to a historically low 4.4 percent, the commercial real estate sector is feeling the pinch of tight...

CORFAC Introduces KT Public Relations

CORFAC International is pleased to introduce our new public relations consulting firm, KT Public Relations (KTPR). KTPR is an established, full-service public relations firm focused on creating results-driven strategic campaigns for commercial real estate clients worldwide. KTPR's senior team of professionals leverage...

CORFAC Recognizes 2017 Standards of Excellence Winners

CORFAC International 2017 President Ray Lyons, CCIM, MRICS, SIOR, is pleased to announce the organization's annual Standards of Excellence Award winners, which were recognized during the organization's Fall Summit in Denver, Colorado, September 13-16. The awards recognize members for their dedication and...

Commercial Real Estate Industry Supports Hurricane Harvey Relief Efforts

Numerous brokerages and organizations in the commercial real estate industry have shown an outpouring of support for Hurricane Harvey relief and aid efforts in the state of Texas and the entire Gulf Coast region. CORFAC's Texas affiliates are sustaining the flooding and cleanup efforts in the aftermath of this devasting...

Joel and Granot Real Estate/CORFAC International Represents 550 Buckhead in the Sale of a 108,000 sf Buckhead Atlanta office building for $20 Million

Alan Joel, CCIM, and Dan Granot, SIOR, Principals at Joel & Granot Real Estate/CORFAC International (JGRE) today announced they represented 550 Buckhead in the $20 million disposition of a Buckhead Atlanta iconic office building.  The office building located at 550 Pharr Road in Atlanta, is near the northwest...

CCIM Scholarship Created in Name of CORFAC Principal Duncan Patterson

CORFAC congratulates W. Duncan Patterson, CCIM, Principal of Patterson-Woods Commercial Properties/CORFAC International in Wilmington, DE, who was recently honored by the PA/NJ/DE CCIM Institute Chapter with a newly created scholarship in his name. The scholarship was established to honor individuals for their...

CORFAC Expands Into Australian Market and Welcomes Axis Property to the Network

CORFAC International is pleased to announce that Axis Property has joined our global network, bringing our total number of offices to 80 worldwide. Axis Property/CORFAC International is a commercial real estate firm specializing in property sales, leasing and property management in the industrial, office, retail...

Boyd Commercial/CORFAC International Represents Landlord in 50,000 SF Lease in Houston, TX

David Boyd, CCIM, SIOR; Greg Barra, CCIM, SIOR; and Wes Williams of Boyd Commercial/CORFAC International represented the landlord, Crow Holdings Industrial, in a 50,400 square foot lease to Furinno in Houston's Apex Distribution Center. Founded in 2010, Furrino is planning to consolidate and expand...