Real Estate Journal — June 12 - 25, 2015 — 7A
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M id A tlantic
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ALT IMORE , MD — CORFAC Inter- national president Blue & Obrecht Realty/CORFAC International managed by Blue, Paulson & Obrecht Baltimore’s Blue & Obrecht Realty joins CORFAC International B Latin America, Europe and Asia. president David Paulson, SIOR and senior vice presi- dent Paul F. Obrecht III, SIOR .
region. The company focuses on brokerage services, assist- ing tenants, owners and in- vestors with their real estate requirements in the office, industrial, flex, R&D and to a limited degree, retail sectors. The firm is affiliated with Obrecht Properties, LLC, which offers development and construction services and manages 3 million s/f of com- mercial property. Blue & Obrecht Realty/ CORFAC International is managed by founder/presi- dent Richard “Richie” F. Blue Jr., SIOR , senior vice
in the real estate industry for more than 20 years as a con- struction coordinator, property manager and leasing agent. “While we certainly focus much of our work locally and regionally, we are already in- volved in interstate brokerage services with client require- ments in numerous states. Taking on the CORFAC affili- ation becomes a strong valida- tor that this is a core service offering of ours and it deepens the resources and expertise we have available to serve clients with requirements outside of Maryland,” said Richie Blue. n
Member-driven and entrepre- neurial, CORFAC International (Corporate Facility Advisors) is the only remaining global association of independent bro- kerage firms that wish to stead- fastly maintain their indepen- dence and work collaboratively to serve their clients. Earlier this year, CORFAC added a new affiliate in Chattanooga, TN: McCormick & Company/ CORFAC International. Blue & Obrecht Realty/COR- FAC International serves Bal- timore and the Mid-Atlantic
Scott Sava- cool, CCIM, SIOR , an- nounced that Baltimore’s Blue & Ob- recht Real- ty has joined CORFAC In- ternational
Blue has more than 35 years of experience in commercial real estate and was with Col- liers Pinkard (which became part of Cassidy Turley and now DTZ) before leaving in 2000 to form Blue & Obrecht Realty; Paulson has more than 25 years in the commercial real estate business and for many years he was with the former CORFAC affiliate in the Bal- timore area, Manekin LLC, while Paul Obrecht has been
Richie Blue
as the commercial real estate network’s newest affiliate. CORFAC International now has 59 affiliated locations in North America and more in Athens Health club signs 12,500 s/f lease with St. John Properties BALTIMORE, MD — Ath- ens Health Club has signed a lease with St. John Prop- erties, Inc. for 12,500 s/f of space at 5965 Exchange Dr., a 61,160 s/f commercial office building located within Liberty Exchange in the Eldersburg section of Carroll County. The health club expects to relocate to the mixed-use business com- munity, situated near the inter- section of MD Routes 32 and 26 (Liberty Rd.), this summer. The commercial real estate com- pany has built four buildings totaling more than 126,000 s/f of office, flex and retail space at the business park, and has a 16,645 s/f retail building under construction. Ryan Miller of Colliers In- ternational and Scott Man- hoff represented the tenant, and Will McCullough of St. John Properties represented the landlord in this transaction. Each building at Liberty Exchange is designed to satisfy requirements for Leadership in Energy and Environmental Design (LEED) certification. LEED features include high- efficiency HVAC systems, high performance windows, sustain- able lavatory fixtures, a white thermoplastic polyolefin (TPO) roofing system, significant open space and wetland/forest preserves, drought-tolerant landscaping and the use of VOC (volatile organic compounds) paints, carpets and adhesives. Upon completion, Liberty Ex- change will be a corporate cam- pus comprised of nine buildings offering approximately 225,000 s/f of office and R&D/flex space, plus retail space. n
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