CORFAC News

18 Jan2021 CORFAC News

MDL Group/CORFAC International Brokers Earn SIOR Office and Industrial Awards

MDL Group/CORFAC International brokers were honored by the Society of Industrial & Office Realtors (SIOR) Southern Nevada Chapter Awards, receiving Top Producer honors in both independent broker categories. Jarrad Katz, CCIM, SIOR, executive vice president and principal, was recognized in the industrial category,...

13 Jan2021 CORFAC News

Congratulations to Our Members on Their CORFAC Anniversaries

CORFAC would like to recognize the following firms on these membership milestone anniversaries. We thank you for your dedication to the network and appreciate your commitment to making CORFAC the best global network for independent commercial real estate firms. 5 Years Berger Commercial/CORFAC International (Fort...

12 Jan2021 CORFAC News

L. Mason Capitani/CORFAC International Dual Represents MollerTech LLC in Lease Expansion

L. Mason Capitani/CORFAC International facilitated in the leasing of 51280 Regency Center Drive to MollerTech, LLC. MollerTech, LLC recently completed an expansion of its luxury automotive leather assembly division into a 65,106 square foot newly constructed facility in Macomb Michigan. MollerTech, LLC is a division of...

11 Jan2021 CORFAC News

CORFAC Announces New Roles for Headquarters Staff

CORFAC International Chief Executive Officer Jonathan Salk is pleased to announce two members of the headquarters staff in Chicago have assumed new roles within the organization in 2021. "I'm thrilled to share the news that Jennifer Norbut and Kristy Schlossberg recently recevied some well-deserved promotions,...

04 Jan2021 CORFAC News

CORFAC Referral News: Piedmont Properties/CORFAC International and Intelica CRE/CORFAC International Collaborate on $6.8 Million Industrial Investment Deal

In a transaction that evolved from a CORFAC Investment Sales Zoom call last fall, CORFAC congratulates Scott Hensley, CCIM, SIOR, and Lester Osborn, CCIM, SIOR, of Piedmont Properties of the Carolinas/CORFAC International in Charlotte, North Carolina, who represented the seller of The Steele West Business Center, a...

04 Jan2021 CORFAC News

CORFAC Referral News: Aengevelt Immobilien/CORFAC International and FRIS/CORFAC International Collaborate on Investment Sale

CORFAC congratulates Aengevelt Immobilien/CORFAC International's investment teams in Düsseldorf and Leipzig, Germany, in cooperation with FRIS/CORFAC International in Amsterdam, Netherlands, who brokered the purchase of a medical center in Jena, Germany. Values Real Estate has acquired the complex for the...

04 Jan2021 CORFAC News

L. MASON CAPITANI/CORFAC International REPRESENTS PURCHASER IN ACQUISITION OF FARMINGTON HILLS, MICHIGAN, OFFICE PROPERTY

L. Mason Capitani/CORFAC International is pleased to announce the sale of the Woodcreek Office Center located at 31275 Northwestern Highway in Farmington Hills, Michigan. The 60,200 square foot, 2-story office property was approximately 85% leased at the time of sale. Mason L. Capitani, SIOR, represented the purchaser,...

22 Dec2020 CORFAC News

David Boyd Named 2021 CORFAC International Secretary

CORFAC International is pleased to announce that David Boyd, CCIM, SIOR, Principal of Boyd Commercial, LLC/CORFAC International in Houston, Texas, will begin his term as 2021 Secretary of the organization on January 1. “I am looking forward to creating new relationships and serving the organization that has been...

21 Dec2020 CORFAC News

Hayim Mizrachi Named 2021 CORFAC International Treasurer

CORFAC International is pleased to announce that Hayim Mizrachi, CCIM, Principal of MDL Group/CORFAC International in Las Vegas, Nevada, will begin his term as 2021 Treasurer of the organization on January 1. “There’s no question 2020 has been turbulent. I believe CORFAC navigated with value-add pivots as...

18 Dec2020 CORFAC News

Mason Capitani Named 2021 CORFAC International Vice President

CORFAC International is pleased to announce that Mason Capitani, SIOR, Principal of L. Mason Capitani/CORFAC International in Detroit, Michigan, will begin his term as 2021 Vice President of the organization on January 1. “I’m looking forward to working closely with my friends and peers to build upon the...

15 Dec2020 CORFAC News

CORFAC Welcomes 2021 Executive Leadership Team

CORFAC International is pleased to announce that Joe Latina, Principal of Patterson-Woods Commercial Properties/CORFAC International in Wilmington, Delaware, will begin his term as 2021 President of the organization on January 1. Joining Latina (shown left to right) are Vice President Mason Capitani, SIOR, Principal...

14 Dec2020 CORFAC News

Congratulations to CORFAC Members on These Major Milestones

CORFAC would like to recognize the following firms on these membership milestone anniversaries. We thank you for your dedication to the network and appreciate your commitment to making CORFAC the best global network for independent commercial real estate firms. 5 Years: BG Carre/CORFAC International (Paris, France) ...

11 Dec2020 CORFAC News

Boyd Commercial/CORFAC International Represents Molto Properties in Industrial Transaction

Molto Properties, a privately held, nationally recognized, industrial real estate firm, has signed a 252,203 square-foot lease with S.I. Warehousing Co. Inc. at its Monument Business Park development in Deer Park, Texas. S.I. Warehousing, a subsidiary of Slay Industries, provides customer focused distribution,...

07 Dec2020 CORFAC News

L. Mason Capitani/CORFAC International Represents Landlord in Lease to Jet Box Baseball Club

Joe DePonio, SIOR, and Jason Capitani, CCIM, SIOR, of L. Mason Capitani/CORFAC International represented the landlord on a recently closed lease to Jet Box Baseball Club. Jet Box was founded in 2002 as an extension of one of the most successful amateur baseball teams in the country. Since 1969, Jet Box founder Jim...

04 Dec2020 CORFAC News

The Evolution of Flexible Office Space in Russia

In Europe and the United States, coworking spaces have been popular for quite a long time. Ryan Garibaldi, Community Manager of The Garibaldi Group/CORFAC International in Chatham, NJ, connects the format's popularity abroad with flexible renting conditions for tenants.  “Coworking space is a hot commodity...

16 Nov2020 CORFAC News

Blue & Obrecht Realty/CORFAC International Negotiates Lease For Engineering Firm

Blue & Obrecht Realty/CORFAC International has facilitated the lease of 8,775 square feet of flex space on behalf of Froehling & Robertson, Inc. at 9017 Red Branch Road in Columbia, Maryland. Patrick Smith, SIOR and Richard F. Blue, Jr., SIOR of Blue & Obrecht Realty negotiated the transaction on behalf of the...

11 Nov2020 CORFAC News

VOIT REAL ESTATE SERVICES/CORFAC International COMPLETES $3.4 MILLION SALE OF 13-UNIT APARTMENT COMPLEX

Robert Vallera, CCIM, Senior Vice President an Partner in Voit’s San Diego office represented the seller, FUGU, LLC, in the sale of a 13-unit apartment complex on the west side of San Diego's Mission Hills neighborhood for $3.4 million. The complex was acquired by PGP Holdings RL, LLC. The apartments...

11 Nov2020 CORFAC News

The Stubblebine Company/CORFAC International Negotiates a 98,782 SF Lease for Polar Beverages

David and James Stubblebine, Principals of The Stubblebine Company/CORFAC International, and David Skinner, Senior Advisor, represented Millbrook Property Owner, LLC, in the transaction and also directly procured the tenant, Polar Beverages.  Situated at the intersection of the I-190 and I-290 highways, 53...

09 Nov2020 CORFAC News

L. Mason Capitani/CORFAC International Brokers the Sale of an 11-Building Apartment Complex Portfolio to Texas-Based Investor

L. Mason Capitani/CORFAC International is pleased to announce the sale of 11 apartment complexes to various purchasing entities, all affiliated to Texas-based Obsidian Capital, LLC. In total, the complexes are made up of 232 units, with a mixture of one-bedroom and two-bedroom dwellings. The properties are all located in...

09 Nov2020 CORFAC News

Bradford Commercial Real Estate/CORFAC International Negotiates Medical Office Acquisition in Arlington, Texas

Modoc Properties LLC has acquired one of six office buildings in The Medical Centre, a niche project situated within walking distance of the 369-bed Texas Health Arlington Memorial Hospital. The Fort Worth investor has snapped up a 7,156-sf medical office building divvied into two suites at 911 Magnolia St. in central...