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In a great example of how CORFAC's global network works, earlier this year Dustin Whistler of Forte Commercial Real Estate/CORFAC International in Denver, Colorado, referred client Geary Pacific Corporation to Mark Childs, SIOR, of Capacity Commercial Group/ CORFAC International in Portland, Oregon. The referral...
CORFAC Congratulates Our 2020 Standards of Excellence Award Winners
CORFAC International is pleased to announce the winners of the 2020 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 2020 President Alan Joel, CCIM, of Joel and Granot Commercial...
The Stubblebine Company/CORFAC International Represents Landlord in 48,000 SF Industrial Lease
Kirkwood, a print industry leader, recently leased 48,000 sf at 1 Burlington Ave., Wilmington, MA. David, James and Micah Stubblebine, Principals of The Stubblebine Company, represented the landlord, Big Joe LLC, in the transaction, while Tyler Ewing, Principal of Freudenheim Partners, represented the tenant in the...
David and James Stubblebine, principals of The Stubblebine Company/CORFAC International, and Chris Michniewicz, a Senior Advisor at The Stubblebine Company/CORFAC International, represented Future Foam in the $4 million transaction, while George Paskalis, Executive Vice President of MG Commercial, represented the...
CORFAC International Welcomes TRI Commercial’s New Office in San Jose, CA, to the Network
CORFAC is pleased to announce TRI Commercial/CORFAC International in San Jose, California, is the newest U.S. affiliate to join our growing global network. TRI’s San Jose office is the fourth domestic firm to join CORFAC this year, building on 2019’s record-setting growth of seven new firms. ...
Congratulations to Sonny O'Drobinak, Paul O'Drobinak and Ed Del Beccaro of TRI Commercial/CORFAC International in Walnut Creek, CA, who represented Nashville, Tennessee-based Healthcare Realty Services Inc. on four medical office leases totaling more than 16,380 square feet in Oakland, California. The team...
CORFAC International Welcomes Louisville-Based Duncan Commercial Real Estate to the Network
CORFAC is pleased to announce Duncan Commercial Real Estate/CORFAC International in Louisville, Kentucky, is the newest U.S. affiliate to join our growing global network. Duncan Commercial is the third domestic firm to join CORFAC this year, building on 2019's record-setting growth of seven new firms. "CORFAC...
Brandon Keith, Kipp Gstettenbauer and Ryan King of Voit Real Estate Services/CORFAC International have successfully directed the sale of an office property in San Diego, California, for $3,150,000. The 13,695 square foot office building is centrally located within the Sorrento Mesa office market and offers quick access to...
Curtis Specialized Moving & Storage has renewed and expanded to 83,700 square feet, doubling the size of its industrial footprint in the South Stemmons submarket of the metroplex in Dallas, Texas. The tenant has renewed 43,200 sf at 460 W. Mockingbird Lane, Dallas, and leased 40,500 sf of neighboring space in...
Commercial Properties Inc./CORFAC International Closes Investment Sale in Scottsdale, Arizona
Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the investment sale of Mesquite Corporate Center, a 79,537 square foot, two-story, Class A office building in Scottsdale, Arizona. The Ron Schooler and Ken Elmer Team...
Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of a 14,337 square foot flex industrial building and 1.45 acres of adjacent land in Mesa, Arizona. Just north of Falcon Field Airpark, the Andy Jaffe and Rex...
An Occupier's Dilemma In Changing Market Conditions -- A Farebrother View
The changing needs of the office of the future have been debated for many decades so it seems strange to raise this to the top of the agenda after less than two months in lockdown. It is of course right to keep occupancy requirements under constant review, especially given technological advances over the last 10 years....
Century Realty, LLC/CORFAC International is pleased to announce the sale of 4800 Library Road/PA Route 88 located in Bethel Park, PA. The property is a 3,865 square foot single tenant office building that Century Realty listed for sale, placed under agreement, and sold within four months. The Seller was represented by...
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...
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