Blog

empty office space photo in arrow over newly converted mulftifamily home

Office Conversions Gaining Momentum

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

What the CEQA Exemption Means for Multifamily and Industrial Developers

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

Reinstatement of Bonus Depreciation a Boon for the CRE Industry

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

Trade Policy Uncertainty Continues to Impact SoCal Industrial Markets

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

SoCal Office Markets Showing Potential Signs of a Rebound

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
Broker Profiles The Meet our Professionals series overlay on grid of Voit brokerage professionals headshots

Broker Profile: Vice President John Viscounty

For many brokers, golf is an essential part not only of their leisure time but also of their professional lives. On the links, leads are generated, relationships are built, and deals are done. For John Viscounty, Vice President and Partner in the Ontario office, his love of the game also played a role in his … Continued
Medical Office Building Reception Area

VP Tim Cajka Shares His Thoughts on the SoCal MOB Market

Voit Real Estate Services has recently expanded its services to include a healthcare advisory practice, Health+ Real Estate Advisors, led by Vice President Tim Cajka. Cajka combines his real estate brokerage experience with leadership positions held at Quest Diagnostics, DaVita, and GE Capital, where he utilized his background in commercial real estate to contribute to … Continued
Broker Profiles The Meet our Professionals series overlay on grid of Voit brokerage professionals headshots

Broker Profile: Senior Vice President Todd Holley, SIOR

If there is a thread that runs through the life and career of Todd Holley, SIOR, SVP/Partner in Voit’s San Diego office, it would be his ability to think outside the box, fueled by an unwillingness to settle for less. Whether creating events to boost sales in a retail position, devising ways to enhance product … Continued
A Discussion SIOR Spring Conference Agenda Items with Chris Drzyzga and Todd Holley

A Discussion of the SIOR Spring Conference Top Agenda Items

As we stated in a previous blog post, nearly two dozen of our brokers have earned the prestigious SIOR (Society of Industrial and Office Realtors) designation, a professional symbol of the highest level of knowledge, production, and ethics in the real estate industry. The SIOR Spring Conference was held recently at Caesars Palace Conference Center … Continued
Tarriff infographic overlay on a loaded Evergreen ship entering the Los Angeles port

Tariff Policy Creating Uncertainty in SoCal Industrial Markets

Following President Trump’s election, there were multiple reasons to be optimistic that the industrial sector would rebound under the new administration. Expectations of pro-growth policies (including potential deregulation and tax cuts) and a continued increase in e-commerce (which grew 8.0% in 2024) would spur warehouse/distribution leasing, and the decrease in new construction starts would balance … Continued