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Brokerages Find Merger an Opportunity to Expand Services

PORTLAND-Formed by the merger of CPS/CORFAC and Integrated Commercial, the new firm Integrated Corporate Property Services LLC combines the best of both brokerage houses.

By Joel Cone | Updated on June 16, 2003

PORTLAND-The owners of two locally based commercial brokerages – Corporate Property Services-CORFAC International and Integrated Commercial Inc. – have finalized a merger to form a firm with nine commercial brokers who are on track to close more than $50 million in transactions this year.

Renamed Integrated Corporate Property Services LLC, the new firm specializes in corporate facilities, leasing and sales for industrial, technology and corporate office space for its clients, along with land sales and some investment activity.

“Mark Childs and I have worked together on several projects over the past four years and we have been talking about merging our firms since 2000,” says Tom Hayes, president of CPS/CORFAC. The decision solidified when the two companies worked on a pitch for an industrial user last fall. “Mark’s firm had a lot of industrial flair to it and we were a technology firm that did some office deals,” Hayes explains. “We now do more together than we might have done apart.”

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