Interest Rate reduction graph and city skyline overlay on Federal Reserve Building
Two weeks ago, the Federal Reserve made its first rate cut since December 2024. The 25-basis-point reduction set the rate at 4.00% to 4.25%. The Fed also signaled that two more cuts are possible this year and one more in 2026. If implemented, these reductions could lower the interest rates by a full percentage point. … Continued
Broker Profiles The Meet our Professionals series overlay on grid of Voit brokerage professionals headshots
If there’s a word that defines the career of Liz Hurley, SVP/Partner in the Voit Irvine office, it’s persistence. The 40-plus-year veteran has been a top performer throughout her career, and that persistence has earned her a slew of “Top Producer” awards along the way. Early in her career, when Hurley was interviewing at brokerages … Continued
aerial with multiple commercial buildings - Sale-Leaseback It’s a strategy that offers benefits for business owners and investors
In a time of economic uncertainty driven by sporadic tariff policies, nagging inflation concerns, and a potential economic slowdown, some owner-users are turning to sale-leasebacks as a way to free up capital. It’s a strategy that offers benefits for business owners and investors alike, and we’ll look at both sides of the transaction to help … Continued
office building in nicely landscaped yard
While overall sales volume for real estate assets (excluding multifamily) has been a mixed bag in 2025, one area where there has been an uptick is in owner-user sales, especially on the office side, according to multiple reports. In addition to the usual case for business owners becoming owner-users, such as building equity and receiving … Continued
Broker Profiles The Meet our Professionals series overlay on grid of Voit brokerage professionals headshots
For many successful brokers, playing competitive sports as a youth seems to be a prerequisite. Juan Gutierrez, Executive Vice President and industrial specialist in the Ontario office, grew up playing soccer, a sport he was so passionate about that he spent his final semester of college at the Universitat Autònoma de Barcelona in Spain, just … Continued
empty office space photo in arrow over newly converted mulftifamily home
When we first explored the movement toward converting underperforming office space into residential and other uses over a year and a half ago, the trend was in its early stages, with most reports citing high costs and incompatible structural designs as barriers to conversion. With vacancy rates continuing to rise despite return-to-office mandates, low multifamily … Continued
Apartment building transition from sketch to final construction
In a groundbreaking legislative move designed to help ease California’s housing and economic challenges, Governor Gavin Newsom signed Assembly Bill 130 (AB 130) and Senate Bill 131 (SB 131) into law on June 30, 2025, which went into immediate effect. These budget trailer bills enacted the most sweeping reforms to the California Environmental Quality Act … Continued
100 percent bonus depreciation text on image of man holding cash superimposed on city skyline
The Trump administration’s One Big Beautiful Bill Act (OBBBA), signed into law just over a month ago, unlocks a host of favorable federal tax changes for commercial real estate developers, owners, and investors. One major victory for investors and owner-occupiers was the reinstatement of 100% bonus depreciation. Under the Tax Cuts and Jobs Act (TCJA) … Continued
Aerial of logistics operations at the Port of Los Angeles
The uncertainty created by the constantly evolving US trade policy continues to hinder industrial tenants from making long-term leasing decisions. This is especially true within some Southern California markets, which rely heavily on warehouse and logistics operations serving the Ports of Los Angeles and Long Beach. Nationally, June container volumes at U.S. ports decreased 27% … Continued
busy creative office space
Even with the national U.S. office vacancy rate reaching another all-time high in the second quarter of 2025 (20.7%, according to Moody’s), there are reasons for hope in select Southern California markets. In Voit’s recently released Q2 market reports, office specialist Chris Drzyzga, SIOR, SVP/Partner in the Irvine office, reports that “placemaking and experience-driven environments … Continued