FOR
IMMEDIATE RELEASE
CORFAC INTERNATIONAL
PORTER REALTY CO. ANNOUNCES ITS GLOBAL ALLIANCE NAMED
AMONG TOP COMMERCIAL REAL ESTATE BRANDS
LIPSEY
SURVEY CONFIRMS CORFAC BRAND AWARENESS
KEEPS GROWING WORLDWIDE
Richmond,
Virginia (April 10th, 2007) – As the
Richmond affiliate of Corporate Facility Advisors -
CORFAC International, Porter Realty Co. (independently
owned and operated since 1965) has announced the organization
has been selected as the 14th top commercial real estate
brand by The Lipsey Company, a leading international
consulting firm serving the commercial real estate industry.
Raising
its brand recognition from last year’s 15th place
ranking and the previous year’s 24th place ranking,
CORFAC International continues to experience substantial
growth and success throughout the industry while serving
more than 150 markets globally.
“We
are extremely proud to be associated with an organization
whose quality service and market coverage continues
to receive increased recognition and respect throughout
the real estate industry,” stated Richard W. Porter
of Porter Realty Co., which has been affiliated with
CORFAC International since 1995. “This underscores
our capability to serve our client’s needs in
a consistent, seamless manner here in Richmond or around
the world.”
John
Bitzer, SIOR, president of CORFAC International and
executive vice president of Bitzer Real Estate Partners/CORFAC
International, added, “This exceptional ranking
is a direct result of CORFAC International’s new
strategic plan and the integrated brand initiatives
led by each of our local firms. We congratulate Porter
Realty Co. on consistently playing an important role
in increasing our brand recognition making CORFAC International
one of the most recognizable organizations in the commercial
real estate industry.”
The
Lipsey Company’s annual Top 25 Commercial Brands
Survey is compiled by examining over 25,000 practitioners
and industry leaders from REITs, institutions, mortgage
bankers, commercial brokers, asset managers, property
managers and relations professionals.
About
Porter Realty Co.
Located in Richmond, Virginia, Porter Realty Co. serves
as an industry leader in commercial and industrial real
estate. Founded in 1965, the principals have close to
a century of collective experience and a proven history
of performance. Currently, the firm boasts 6 agents
with proven performance.
The
2006 year demonstrated another successful campaign as
PRC brought in numerous awards distributed by CoStar,
CCIM & CIE of Virginia. The company was involved
in transactions totaling 5,272,000 square feet.
Through
valuable, up-to-date market research and quarterly reports,
clients are offered strategic advice allowing for the
implementation of success. Learn more about Porter Realty
Co. by visiting www.porterinc.com
or contacting the company directly at 804-353-7994.
About
CORFAC International
Corporate Facility Advisors - CORFAC International is
one of the largest commercial real estate services organizations
in the world. CORFAC is comprised of privately held
entrepreneurial firms serving more than 150 markets
in The Americas and internationally through its King
Sturge CORFAC International alliance.
Founded in 1989 and headquartered in Hollywood, Florida,
CORFAC selects its firms based on their professional
integrity, industry leadership, market coverage and
high standards of excellence. CORFAC boasts one of the
highest percentages of brokers with designations in
professional associations in the industry.
Last
year, CORFAC firms completed 11,500 commercial real
estate transactions worldwide, encompassing 788 million
square feet and valued at $23.4 billion. For more information
on CORFAC contact the organization’s headquarters
at 954-923-6160 or info@corfac.com
or visit www.corfac.com.
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