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Austin-Based Centric Commercial Joins CORFAC International as Fourth Texas Affiliate

FALLS CHURCH, Va., Oct. 15, 2014 (GLOBE NEWSWIRE) -- 2014 CORFAC International President Robert Tillsley, SIOR, today announced that Austin-based Centric Commercial has joined CORFAC International (www.corfac.com) as the network's fourth Texas firm in the Lone Star State.

Led by Founder/Principal Craig Couch and Principal Russell Todd, Centric Commercial/CORFAC International (www.centric-re.com) covers a wide range of real estate services including strategic planning, site selection, lease negotiations, lease renewals, lease expansion, financial analysis, construction/project management, relocation support, and property acquisitions/dispositions. Centric Commercial exclusively represents tenants in both lease and investment assignments.

"Centric Commercial is a great fit for CORFAC International and fills a market that is central to our network platform of having top quality firms in key locations. Given Austin's rise as a major tech center in the U.S., we're glad to have Craig, Russell and their colleagues on board," said Dan Granot, SIOR, CORFAC International Affiliation Development Committee Chair.

"Austin has become a Tier 1 city and increasingly sophisticated market. We are seeing a greater need by our client base to expand their operations beyond Austin. CORFAC's network of like-minded entrepreneurial companies will allow us greater capabilities to serve clients in other markets. Conversely, Austin has become a significant inbound market and we believe having a strong Austin partner can strengthen and add value to the CORFAC members and organization as a whole," said Craig Couch.

In addition to Centric Commercial, CORFAC International has long-standing affiliates in Texas, including Houston-based Boyd Commercial/CORFAC International, San Antonio-based Providence Commercial Real Estate Services/CORFAC International and Dallas-based Bradford Commercial Real Estate Services/CORFAC International. Bradford also has an office in Ft. Worth.

About Centric Commercial

Based in Austin Texas, Centric Commercial is a local commercial real estate brokerage firm comprised of "best in class" brokers dedicated to giving corporate real estate clients more leverage in their leasing and sales transactions. The company was founded in 2012 yet its principals and senior brokers have more than 65 years of combined commercial real estate experience. The company solely focuses on office, industrial, land, and investment sales (including multi-tenant and STNL retail). For more information call 512.320.9190.

About CORFAC International

CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC International is celebrating its 25th anniversary in 2014. In association with FIABCI (the International Real Estate Federation) and global affiliates, CORFAC International offers commercial real estate services with market reach in 48 countries worldwide. Last year CORFAC firms completed more than 10,000 lease and sales transactions totaling approximately 368 million square feet of space valued in excess of $7.4 billion. For more information on the CORFAC network, contact 703.532.6160 or visit www.corfac.com.

CONTACT: Media Contact: Gary Marsh gary@marshmarketing.com

Source:CORFAC International