APRIL 2007
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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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