Blog

sunset on a construction site with a crane

Rising Costs Slowing SoCal Construction and Development

Whether it’s a ground-up industrial project or an office buildout for a new lease, rising construction costs are negatively affecting landlords’ and tenants’ ability to upgrade their real estate. A combination of material-price volatility, tariff increases, the ongoing Iran war driving up oil costs, skilled-labor shortages, tighter financing, and long equipment lead times is directly … Continued
Broker Profiles The Meet our Professionals series overlay on grid of Voit brokerage professionals headshots

Broker Profile: Vice President Jeff Jiang

Born in China, Jiang has combined his bilingual skills and cultural understanding to benefit international clients. As a boy growing up in China, Vice President Jeff Jiang was convinced of one thing as he did his homework after school in his father’s warehouse/distribution facility: Whatever career he eventually chose, it probably wouldn’t involve warehouses. He … Continued
A map with several property locations marked overlayed on an image of a woman working on a laptop

Selecting a Site for Your Warehouse or Manufacturing Business

When the time comes for you as a business owner to expand or relocate your operations, choosing the right site may be the most important decision you make. Whether you are leasing a space or purchasing a building, selecting a site that maximizes your business’s potential is an important decision. It is a decision that … Continued
Broker Profiles The Meet our Professionals series overlay on grid of Voit brokerage professionals headshots

Broker Profile: Senior Vice President Brian Mulvaney

The approach that Voit Senior Vice President and Partner Brian Mulvaney takes in his role as a broker—and in life—may be best summed up in the advice that he gives to those he has mentored over the years: “You’ve always got to do the right thing—even when no one is watching.” It’s a philosophy that … Continued
hand holding an apartment rendering over an office building pending conversion to multifamily housing

Conversion of Office Buildings to Multifamily Continues to Accelerate

It’s time for our annual(ish) examination of the trend of converting underperforming office buildings into multifamily buildings. It’s clearly accelerating, as the lender practice of “extend and pretend” (where lenders extend the maturity of a loan to avoid recognizing a loss) appears to be running out of steam, especially since interest rates held steady at … Continued
aerial view of an office park in Irvine California

Encouraging Signs for the SoCal Office Market

The downward spiral in office vacancy may finally be approaching its bottom, according to multiple national real estate data providers as well as the Voit Real Estate Services’ quarterly market reports. On a national level, CRE data provider CoStar is reporting that U.S. office leasing remained steady in Q2 2026, reaching a level that remains … Continued
A server room illuminated with blue and red lights, highlighting the data center infrastructure and the critical role of technology in modern data management systems

Data Centers: Finding a Balance Between Meeting Digital Needs and Protecting the Public

Artificial Intelligence, powered by data centers, enhances the lives of everyday American citizens in numerous ways every day. Some of these benefits include accelerating everyday task completion and administrative workflows and enabling enhanced medical diagnostics, predictive searches, automated fraud detection, and real-time language translation. However, the bipartisan backlash against the rapid acceleration of data center … Continued
A stylish fully furnished spec suite

Rising Costs and Flight to Quality Fuel Spec Suite Momentum

As rising construction costs temper the real value of Tenant Improvement (TI) allowances and the ‘flight to quality’ continues to be the primary driver in the office leasing market, the trend toward spec suites is gaining momentum—for tenants and landlords alike. What are Spec Suites? Spec suites are office spaces within multi-tenant buildings that are … Continued
collage of medical office buildings and medical uses

SoCal Medical Office: From Niche to Core Investment Sector

As uncertainty persists in the U.S. economy, CRE investors are increasingly turning to healthcare real estate, specifically medical office buildings (MOB). This asset class has long been viewed as a safe harbor for investors due to its consistently high occupancy, predictable revenue streams, and limited volatility. Over the last year, it has gained momentum as … Continued