empty high end office space with reception area long shared desk and conference room
There is growing momentum in the office leasing market nationwide, with many markets seeing significant reductions in vacancy rates. In its September report, Yardi Matrix states that the national office vacancy rate stood at 18.7% as of August—down 80 basis points over the past 12 months. While that’s good news for the CRE industry, enthusiasm … Continued
Broker Profiles The Meet our Professionals series overlay on grid of Voit brokerage professionals headshots
Growing up and attending public schools in a blue-collar area of Escondido, California, Senior Vice President and Partner Greg Marx, SIOR of the San Diego office had trouble envisioning, as the saying goes, “how the other half lives.” That all changed when he enrolled at the University of San Diego (USD) at the urging of … Continued
Man offering 0% - SBA loan incentive -upfront guaranty fees and annual services fees
The U.S. Small Business Administration (SBA) announced that it would be waiving most upfront fees for small manufacturers for the fiscal year 2026 (October 1, 2025, through September 30, 2026). The hope was to empower more small manufacturers (defined by the North American Industry Classification System, NAICS, as Sectors 31, 32, and 33) by providing capital … Continued
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