CORFAC International has announced that it has been recognized for the 6th consecutive year as a Top Global Real Estate Brand in the Lipsey Company’s annual survey. The Lipsey Company, an International Leader in Training & Consulting for The Commercial Real Estate Industry, received thousands of entries for the Top 25 list. We are proud to be globally connected and recognized as members of CORFAC International! Click here to view the full list.

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CORFAC is pleased to announce Tan, Frankum & Associates/CORFAC Internationalin Makati City, Metro Manila, Philippines, is the first firm to join our growing global network in 2021. With the addition of TFA, CORFAC now has a presence in 18 countries around the world.

“CORFAC International is thrilled to welcome TFA in the Philippines to the network,” said CORFAC President Joe Latina of Patterson-Woods Commercial Properties/CORFAC International in Wilmington, Delaware. “Having this highly skilled real estate firm join us, particularly as CORFAC continues to expand in the Asia-Pacific market, offers a great opportunity for all CORFAC members and their clients.”

TFA was established in 2011 by Trent Frankum, CCIM, and Jenny Tan, and is licensed to operate throughout the Philippines. Ten Tolentino, the firm’s third partner, joined in 2013. The firm has grown to include 15 full-time employees with more hires coming soon.

TFA offers full-service commercial real estate brokerage and consultancy business lines with specialization in tenant representation, landlord representation, acquisitions, dispositions and research.

“Since the establishment of TFA in 2011, we’ve constantly looked to improve and broaden our service offerings, and we feel that CORFAC is an integral piece to taking the next step in becoming a full service, commercial real estate solutions provider for our multinational clients as well as our Philippines-based clients with property interests both locally and abroad,” said Frankum. “The way that CORFAC has embraced us as partners even in the early stages, is the way that we aim to serve our clients as well as CORFAC in return — with the highest level of professionalism, integrity and knowledge of the real estate services practice.”

TFA combines in-depth market knowledge and a vast network of relationships to produce value-driven results for their clients. The firm prides itself on its hands-on, boutique approach to commercial real estate, which ensures that only senior-level experts work to meet the clients’ requirements.

For more information on TFA, visit www.tfa.ph.

Patterson-Woods Commercial Properties/CORFAC International Principal Joseph Latina Will Transition to President of CORFAC International in January 2021

Wilmington, DE (December 14, 2020) – Patterson-Woods Commercial Properties/CORFAC International is pleased to announce that Joseph Latina will transition to President of CORFAC International, a global network of independently owned commercial real estate firms, in January 2021.

 

Latina has been on the executive board of CORFAC International for several years and has served as chairman of the Affiliations Development Committee, Treasurer, and most recently, Vice President of the organization during the 2020 term.

 

Latina brings over 30 years of commercial real estate expertise to CORFAC International, and is recognized as an industry expert, thought leader, resource, and friend to those within the organization as well as his regional and local clients and peers. In his new role, he will oversee the operations, objectives and goals of the CORFAC Executive Committee, member firms, and staff.

 

“It is with great humility that I accept the role as 2021 CORFAC International President. It is truly an honor to be given the opportunity to lead this great organization that has provided my firm and I with a multitude of resources, business-partnerships and lifelong friendships. I look forward to continuing the work of my predecessors, while bringing new initiatives to the organization as we progress through one of the most challenging times of our lives,” said Latina.

Founded in 1989, CORFAC has 75 offices in the U.S., Canada and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand and United Kingdom. CORFAC offices collectively close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide. 

 

About Patterson-Woods Commercial Properties/CORFAC International

Patterson-Woods Commercial Properties/CORFAC International is a leading commercial real estate services firm specializing in the Mid-Atlantic commercial property markets. We have been providing the most complete selection of commercial real estate services to the communities of Delaware, Maryland and Pennsylvania for over 50 years. Patterson-Woods Commercial Properties is a second generation company well-known for facilitating solutions to the needs of the business community and developers of real property. For more information on Patterson-Woods/CORFAC International, contact the company’s Wilmington, Delaware headquarters at 302-622-3500 or visit www.pattersonwoods.com.

About CORFAC International

CORFAC International is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Our members frequently collaborate across markets to offer unmatched service to clients and provide top-level commercial real estate advisory expertise. Firm principals are involved in every transaction, adding value and best-in-class service to each client interaction. www.corfac.com

Local Press contact: Allison Terranova | 302.622.3506 | terranova@pattersonwoods.com

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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 Real Estate/CORFAC International in Atlanta, Georgia, during the organization's 2020 Virtual Board of Directors meeting on September 10. 

“One of the bonuses of being CORFAC President is working with great individuals from all over the world,” Joel said. “Being able to spend time with and working toward a common goal with these award winners has been a special honor and privilege. They are truly the heart and soul of CORFAC.” Award winner descriptions follow.

Charlie King MVP Award
Joe Latina of Patterson-Woods Commercial Properties/CORFAC International in Wilmington, Delaware, received the Charlie King MVP Award, which is bestowed to a member selected by CORFAC’s President to be the “most valuable player” over the past 12 months. The award was created in honor of CORFAC co-founder Charlie King Jr., for his devoted and exceptional service to the organization. 

“I am truly humbled and honored to be named the 2020 recipient of the Charlie King Award,” Latina said. “It is no secret that 2020 has been a challenging year, but with strong leadership and an amazing staff, CORFAC has adapted and persevered. I look forward to the continued growth and prosperity of our organization into 2021 and for many years to come.”

Latina, who is currently serving as Vice President of the organization, has spearheaded numerous network-building initiatives. His role as past chairman of the organization’s Affiliation Development Committee led to the acquisition of several new member offices in key markets. He also helped to build CORFAC’s retail profile with an expanded presence at the International Council of Shopping Centers’ RECon event in recent years. 

Olen Monsees Award
Scott Hensley, CCIM, SIOR, of Piedmont Properties of the Carolinas/CORFAC International in Charlotte, North Carolina, was recognized as this year’s Olen Monsees Award winner. Hensley has been a leader in expanding CORFAC’s market presence as chairman of the Affiliation  Development Committee this year. 

The Olen Monsees Award, which recognizes members who have provided exceptional service to the organization, is named in honor of Olen Monsees, a former President of Karbank Real Estate Company in Kansas City, Missouri. Olen was known for his integrity and ability to create win-win solutions, often going above and beyond the call of duty without being asked.

“I am humbled and grateful to be recognized by my fellow CORFAC members for the Olen Monsees Award,” Hensley said. “I was fortunate to know Olen well and considered him a friend who I enjoyed spending time with at conferences. For my fellow members to think I possess even a few of the great character traits of Olen is an honor.”

Thomas B. Hayes, Jr. Award
This year’s Thomas B. Hayes, Jr. Award was given to Frank Schulz, SIOR, of The Klabin Company/CORFAC International in Los Angeles, California. The award honors the late Tom Hayes, a Principal of Integrated Corporate Property Services/CORFAC International, known for his innovative use of new technologies to continually improve client service. Recipients of this award have distinguished themselves by sharing innovative and creative ideas relevant to commercial real estate brokerage.

“I am honored to receive such an award and I hope that my efforts will inspire others to think creatively, just as Tom did,” Schulz noted.

This year Frank has taken a creative and innovative approach in leading CORFAC’s Communications Committee initiatives, including expanding CORFAC’s brand into new media outlets and improving the CORFAC website. 

Steven H. Podolsky International Member of the Year Award
Charlie Thompson, SIOR, RICS, of Farebrother/CORFAC International in London, England, is the recipient of the Steven H. Podolsky International Member of the Year Award. The award recognizes an outstanding international member (outside of the U.S.) who goes above and beyond the call of duty in the service of international CORFAC members and their clients. The award is named in honor of Steven H. Podolsky, SIOR, a founding member of CORFAC and chairman of the International Committee during a crucial re-building stage. 

“I’m very honored to receive this prestigious award and proud to stand alongside its previous winners,” said Thompson. “Being chair of the International Committee has been an honor. Getting to work with so many members across the globe, who I now call friends, has been wonderful.”

Thompson has served in a wide range of roles for CORFAC, including two consecutive years as Chairman of the International Committee and before that as a member of the Communications Committee.

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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 fourth domestic firm to join CORFAC this year, building on 2019's record-setting growth of seven new firms.

"CORFAC International is pleased to announce that Duncan Commercial, a top-notch new affiliate in the Louisville market has joined the network," said CORFAC President Alan Joel, CCIM, of Joel and Granot Real Estate/CORFAC International in Atlanta, Georgia. "Having this highly skilled full-service commercial real estate firm join us in an active central U.S. market offers a great opportunity for all CORFAC members' clients. They are proficient in industrial, office, retail, and investment sales and we are thrilled to have them in the network."
   
Established in 2005 by Will Duncan, Todd Whitchurch, and Bradford Breeland, Duncan Commercial has more than 80 years of combined brokerage and property management experience and provides an unmatched level of local market expertise.

Duncan Commercial serves the greater Louisville metropolitan area as well as surrounding counties in Southern Indiana. The firm provides full-service commercial real estate brokerage and property management services with specialization in retail properties, land sales, and investment sales.

"The agents, employees, and partners of Duncan Commercial Real Estate, LLC are very excited to join the CORFAC team," said Will Duncan, Principal. "We believe that through the strength of the network, our clients and customers, including GlobalX, Menards, Mike's Car Wash, Smith/Packett Med-Com, Spirit Master Funding, and ONXY & East, will benefit from CORFAC's resources and global reach."

The firm is active in a wide range of national, state, and local organizations. Their commercial real estate involvement includes the International Council of Shopping Centers' RECon and ICSC Kentucky/Tennessee Idea Exchange, Kentucky CCIM Chapter, Kentucky Commercial Real Estate Association, and Greater Louisville Association of Realtors.

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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 International is pleased to announce that a top-notch new affiliate in the metropolitan St. Louis market has joined the network," said CORFAC President Alan Joel, CCIM, of Joel and Granot Real Estate/CORFAC International in Atlanta, GA. "Having one of the best full-service commercial real estate firms join us in this major hub in the central U.S. is great for all of CORFAC members' clients. Intelica is the leading independent commercial real estate firm in the St. Louis market and rivals the national brokerages. We are excited to have them on our team to provide the services our clients expect from our organization."

 

Intelica CRE, which has 11 full-time brokers, serves the greater St. Louis market area and specializes in office and industrial brokerage and investment sales. 
 
Dan Dokovic, SIOR
Established in 2010 by Dan Dokovic, Gary Parker, and Dan Merlo, Intelica's brokers have more than 55 years of combined brokerage and investment experience and have an unmatched level of local market expertise. 
 
"We are delighted to be part of the CORFAC family. In turbulent times such as this, having a foundation of solid companies to collaborate and build a relationship with helps propel independent brokerage firms like ours to not only survive challenging times but also to thrive. We look forward continuing to build on the CORFAC network's dedication and service quality," said Intelica's Managing Principal Dan Dokovic, SIOR. 

Patterson-Woods Travels to Mexico | A Rundown of Our Week in Mexico City and Playa del Carmen

Patterson-Woods Principals, Greg Ellis, CCIM, and Joseph Latina, traveled to Mexico March 1-8 for a CORFAC International office and industrial tour of Mexico City and for the annual CORFAC Spring Conference located in Playa del Carmen.

The Mexico City tours were hosted by fellow CORFAC member firm, Citius Commercial, a full service firm with locations in Mexico City, Chihuahua, and San Pedro. The industrial tours included Amazon, Mercado Libre, and Puma warehouse located in the Cuautitlán Izcalli area of Mexico City, including CPA San Martin Obispo, one of the most in-demand and advanced infrastructure locations in Mexico City. The office tours took place in two of Mexico City's most prestigious office corridors and including buildings such as Torre Reforma, the second tallest skyscraper in Mexico City (808 ft. high); Torre Mayor, the building with the most seismic tolerance in the world (738 ft. high, fourth hightest building in the country); the MetLife building; the Mexican Stock Market building, Ernst & Young offices, P&G offices, Toshiba offices, and Nike offices.

"My main takeaway from the tours and information we gathered is we're at a tipping point for Mexico to become the predominant location choice for companies manufacturing goods destined for the North and South American markets," commented Ellis. "And our Mexico member firm, Citius Commercial, has the knowledge and market connections to provide exceptional service to any company looking to learn more and potentially locate there."

Following the tours in Mexico City, Ellis and Latina traveled to Playa del Carmen for CORFAC International's annual Spring conference. The four-day event included educational sessions focusing on the global real estate market, deal-making sessions, and networking opportunities with other member firms. Notable speakers included:

  • David O'Donnell, President and CEO of O'Donnell, a company who has developed and acquired approximately 11.3 million sq. ft. of industrial properties in 9 markets throughout Mexico, investing $750 million in joint ventures with Prudential and AIG.
  • Kenneth Smith, Partner of AGON Consulting, Mexico's Former Chief Negotiator for the modernization of the North American Free Trade Agreement (NAFTA) that led to the signing of the USMCA.
  • Christian Carlsen, IKANO Industry, responsible for the international expansion of IKANO Industry, a division of the IKANO Group, which exclusively supplies mattresses and upholstered furniture for the IKEA retail network.
  • Constancio Villareal, CEO of Matroalianza Real Estate Group

​In addition to the education sessions, CORFAC held its Officer Induction ceremony, where Latina was officially inducted as Vice President of CORFAC for 2020. He will become President in 2021.

CORFAC conferences take place twice and year and rotate locations around the United States and the world. There are currently 50 member firms in the United States, 5 in Canada, and 22 in international markets, including Australia, Colombia, France, Germany, Ireland, Italy, Japan, Malaysia, Mexico, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand, United Arab Emirates and the United Kingdom. The next CORFAC conference will take place in Seattle, Washington in September 2020. For more information on CORFAC, please visit www.corfac.com

  

Images Courtesy of Greg Ellis, Joe Latina, & CORFAC International

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CORFAC is pleased to announceDarwin 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.  

 

CORFAC International is thrilled to have a new affiliate in the Chicago suburban market that has such depth of industrial real estate expertise, a proven track record of success in the market and very highly respected brokers in the industry,” said 2020 CORFAC International President Alan Joel, CCIM, of Joel and Granot Real Estate/CORFAC International in Atlanta, GA

 

Darwin fits into our need for a strong industrial group in Chicago, complementing our existing CORFAC member ProTen Realty Group on the office side. We are now looking at a couple of strong retail/Investment sales groups in Chicago to help round out that mega-market,” Joel added.  

 

Darwin Realty, which serves the Northeast Illinois, Southern Wisconsin and Northwest Indiana markets, specializes in industrial and office brokerage, investment sales, asset/property management and development

 

Established in 1975 by George Cibula and Irv Lewandowski, Darwin Realty’s brokers have spent the past four decades cultivating many long-term relationships with the area’s top business leaders and possess a great deal of in-depth local market expertise

 

As an established leader for industrial real estate services in the Midwest, Darwin Realty is thrilled to become part of the CORFAC global network,” saidNoel Liston, Principal of Darwin Realty/CORFAC International. “Serving our clients in the Chicagoland area for 45 the past years, Darwin looks forward to adding global supply chain capabilities through our CORFAC network in the increasingly connected global industrial market.” 

 

Please welcome the Darwin Realty team to the network by contacting Noel Liston, principal, at (630) 782-9520 ornliston@darwinrealty.com

 

CORFAC International has once again made Lipsey's Top 25 Commercial Real Estate Brand Survey, a survey known as the industry standard for commercial real estate brand recognition. Lipsey, a training and consulting firm specialzing in the commercial real estate industry, conducts the survey annually. Over 1.7 million votes have been casted since the start of the survey, which is celebrating its 19th year. 

Click here to see the full list of 2020 winners.