Silicon Valley Commercial Real Estate Firm Meacham/Oppenheimer Inc. Joins CORFAC International

SAN JOSE, Calif., June 4, 2012 (GLOBE NEWSWIRE) -- In a move to intentionally grow its office, R&D and industrial brokerage business, Meacham/Oppenheimer Inc. has joined CORFAC International (Corporate Facility Advisors) as the new affiliate in Silicon Valley, announced Meacham/Oppenheimer CORFAC International President Mike Messinger. His firm is rebranding to do business as Meacham/Oppenheimer CORFAC International.

2012 CORFAC President Doug Marshall said the addition of a locally owned and entrepreneurial commercial brokerage and property management firm like Meacham/Oppenheimer CORFAC International is consistent with CORFAC's goals of growing its organization with like-minded companies and establishing offices in the top 50 Metropolitan markets in the U.S.

Silicon Valley is obviously one of the top markets in the country and strategically important for us to have a presence there. We are thrilled to have Mike Messinger and his colleagues at Meacham/Oppenheimer CORFAC International on board, said Marshall.

Marshall is also a principal of The Klabin Co./CORFAC International based in Los Angeles, CA.

One of the top retail brokerages in Silicon Valley, in 2009 Messinger started to diversify Meacham's business model by recruiting office, land and industrial brokers and more recently, by starting a third-party property management service and a development advisory practice. Meacham/Oppenheimer Development Services is managed by Larry Wallerstein and Tom Spilsbury while Meacham/Oppenheimer Property Management is overseen by Spilsbury.

Messinger, who runs the business with partners David Taxin and Josh Gispan, intends to continue growing the firm and earn a larger share of the technology business along with its dominant share of over 5 million square feet of retail space under its control.

With some of our brokers focused on office and industrial commercial real estate services it made sense for us to align our firm with a well-respected organization like CORFAC International, which instantly connects us and our clients to over 150 markets worldwide plus provides our entire firm with additional resources such as corporate services, best practices/professional development education, and marketing, said Messinger.

For more information please call 408.378.5900 or www.moinc.net.

CORFAC International has 48 firms in 68 North American metropolitan areas and market reach in 65 countries through its international affiliates and alliances. In recent months CORFAC has added affiliates in China, India, Greece, Germany and Italy. They are: Cresval Corporate Advisory Group (Shanghai), Narains Corporation (Mumbai), Ktimatiki Real Estate (Athens), Berendes & Partner Consulting GmbH (Hamburg) and IL PUNTO Real Estate Advisor (Milan).

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. In recent years, CORFAC firms have averaged 10,000 completed transactions annually encompassing nearly 100 million square feet and valued at more than $6 billion. For more information call 703.532.6160 or www.corfac.com.