LOS ANGELES – As the Los Angeles area affiliate of Corporate Facility Advisors-CORFAC International, The Klabin Company of Los Angeles and Torrance, CA announces that the organization has been ranked as the 10th largest brokerage group in the United States by Real Estate Forum magazine in its annual Forum 100.
The ranking reflects CORFAC’s continued growth and success in the commercial real estate industry. CORFAC was also recognized this year in similar high profile rankings by Commercial Property News, National Real Estate Investor and The Lipsey Company as one of the top brands in the industry.
“We are extremely proud to be affiliated with one of the leading commercial real estate organizations in the world,” said David Prior, president of The Klabin Company. “This recognition by Real Estate Forum reflects the success of CORFAC’s strategy of affiliating itself with the best local, independent firms in the major markets across the country. As CORFAC continues to grow, so does our firm’s ability to serve our clients needs here in Los Angeles and around the world.”

James J. Garibaldi, president of CORFAC and CEO of the Gariibaldi Group/CORFAC International, added, “2007 was a monumental year for CORFAC as we continued to increase our brand awareness through prestigious rankings such as the Forum 100. This recognition is a reflection of the dedication and commitment to excellence by our local firms, such as The Klabin Company, who continue to set a high standard for performance and integrity. We congratulate each of our firms on this recognition and look forward to continued success through the new year.”
Real Estate Forum’s annual Forum 100 ranking is compiled by examining a firm’s number of offices, number of employees, 2006 gross revenues, 2007 projected revenues, number of completed transactions and the value of completed transactions. CORFAC has 66 offices, 1500 employees, a 2006 gross revenue of $517 million, a 2007 projected revenue of $536 million, and has completed 10,951 transactions valued at $25 billion.

About The Klabin Company

Now in its sixth decade, The Klabin Company is ranked among the top 20 commercial real estate companies based in Los Angeles. The firm has offices in Los Angeles and Torrance, and is affiliated with CORFAC International.
CORFAC International is one of the largest commercial real estate services organizations in the world. CORFAC is comprised of privately-held entrepreneurial firms serving 150 markets in The Americas and internationally through its KingSturge CORFAC International alliance. Last year, CORFAC partner firms completed 10,951 commercial real estate transactions worldwide, encompassing over a billion square feet and valued at $24.5 billion.