Farbman Group and Forum Group Announce Joint Venture
Strategic partnership makes boutique commercial real estate firm a new division of NAI Farbman Group
SOUTHFIELD, Mich., November 17, 2014 — Southfield, Mich.-based Farbman Group, a leading full-service real estate company and Bloomfield Hills, Mich.-based Forum Group, a commercial real estate brokerage and consulting firm, together announced today a strategic joint venture in which Forum Group will become part of the Farbman Group family of companies. As a result of this newly-formed partnership, Forum Group will gain access to the company’s extensive NAI Global network of real estate professionals, while augmenting Farbman Group’s already robust practices in Tenant Representation and Corporate Services. Andrew V. Farbman, CEO of Farbman Group and Thomas D. Lasky and Michael Ziecik Managing Members of Forum Group made the announcement.
“We are thrilled to welcome Forum Group as a new partner of Farbman Group,” said Farbman. “Their team of industry heavy-hitters is recognized as the best at what they do, and we look forward to a bright future moving forward together as a combined real estate powerhouse leading the marketplace by maximizing our shared deep expertise in commercial brokerage, consulting and investment services. ”
Forum Group’s expertise and established partnerships in various real estate disciplines, from strategic planning and location consulting to workplace design and project management, complementing their in-house brokerage, consulting and investment resources, will become a part of this venture. The firm’s principals, Ziecik and Lasky will become principals of the newly formed Forum Group Real Estate Advisors, an NAI Farbman Company. The move further highlights Farbman Group’s continued commitment to Southeast Michigan, where the company was founded more than 35 years ago.
“We saw a great opportunity to further leverage our unique consultative approach to client service along with Farbman Group’s extensive global network and great reputation,” said Lasky. “We know that this relationship will greatly benefit our existing client base and enable us to achieve growth in new markets due to their unmatched depth of resources. Our organizations share the same approach to value-based client services, building and maintaining strong relationships and an unwavering commitment to solving real estate problems with experience and superior knowledge.”
About Farbman Group
Founded in 1976, Farbman Group is a leading full-service real estate firm handling all facets of real estate transactions, from property management and leasing to acquisition and disposition. The firm manages more than 25 million square feet of office, retail, multi-family and industrial space throughout the Midwest. For more information, please visit www.farbman.com.