Weber Wood Medinger/CORFAC International Expands in Pittsburgh
Pittsburgh, PA: January 28, 2014 – James E. Klements, SIOR, CPA and a principal with Cleveland-based Weber Wood Medinger/CORFAC International (WWM) announced today that the commercial real estate services firm has opened a Pittsburgh office and named Kevin J. Riley, CCIM, as the primary point-of-contact for its Western and Central Pennsylvania operations.
WWM will serve Pittsburgh and regional companies in a brokerage and corporate services capacity specializing in office and industrial leasing and sales, primarily representing tenants in the market and corporate headquarters. The company’s office will be located in the heart of downtown Pittsburgh.
“We’re excited to have a physical presence in Pittsburgh, which is arguably one of the most dynamic cities in the Midwest today,” said Klements. He added that Weber Wood Medinger/CORFAC International has completed over 500 transactions for clients throughout North America that were outside of the Cleveland area.
Riley moved to Pittsburgh last year and has had an integral role in completing multiple deals in Pennsylvania including a 40,000-square-foot office headquarters lease transaction in King of Prussia on behalf of CardConnect, which has their financial center located south of Pittsburgh in the South Pointe business park. Additionally, he is working with Penn Cove Management on the redevelopment of an 18,000-square-foot retail/office building in Mt. Lebanon and the 44-acre Cool Springs Golf & Sports Complex in Bethel Park.
He will maintain a Cleveland office and continue to represent his clients in Cleveland. Prior to joining Weber Wood Medinger/CORFAC International in 2012, Riley was Vice President of the Tenant Advisory
Group for Grubb & Ellis, a national real estate firm. He is an active member of CCIM, CoreNet Global, NAIOP, Urban Land Institute and a board member of United Cerebral Palsy of Greater Cleveland. Kevin received his degree from John Carroll University and a certificate in Urban Real Estate Development and Finance from Cleveland State University.
Pittsburgh is the third Pennsylvania location for CORFAC International. Arlington Group Real Estate/CORFAC International, with a Philadelphia office, affiliated last year. The Garibaldi Group/CORFAC International has had a presence in Lehigh Valley for years.
“From our inception 25 years ago, one of our goals as a network of commercial real estate service providers was to have a strong regional presence, as well as the ability to serve clients nationally and internationally, and this expansion is consistent with our strategy,” said 2014 President Robert Tillsley, SIOR. Tillsley is also a principal with McBride Corporate Real Estate/CORFAC International, based in Paramus, NJ.
CORFAC International has 56 North American offices and in association with FIABCI (the International Real Estate Federation) and global affiliates, CORFAC International offers commercial real estate services in 60 countries worldwide.
About Weber Wood Medinger/CORFAC International
Since 1968, Weber Wood Medinger (WWM) has provided an extensive range of real estate services to corporations and investors locally, nationally and internationally by working with a ‘best-in-class’ business model and partnering with the most qualified real estate professionals in multiple markets to represent its clientele. Based in the Cleveland suburb of Beachwood, OH, WWM has represented more than 30 Cleveland-area companies in selecting headquarters facilities for their respective businesses and in a variety of methods, including lease, acquisition, build-to-suit development and ground-up construction. The firm’s principals have expertise in corporate consulting, strategic planning, tenant representation specializing in office, R&D and industrial properties, marketing, transaction analysis and landlord representation. For more information visit www.wwmrealestate.com or call 216.464.7100.
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 recent years, CORFAC firms have averaged over 9600 completed transactions annually totaling more than 513 million square feet worth an excess of $5.95 billion for their customers. For more information on the CORFAC network, contact 703.532.6160 or visit www.corfac.com.