“We make a living by what we get, but we make a life by what we give.” – Winston Churchill During this season of giving, Voit Real Estate Services would like to recognize Brian Fischer for his lifelong contributions to organizations helping those that are most in need, including Habitat for Humanity, Meals on Wheels, … Continued
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The election is over, inflation appears to be in check, and interest rates are coming down. How will the Southern California industrial market respond? For the past few years, sales for industrial properties have tailed off considerably from 2021’s record-setting $125.7 billion in trades. That year, industrial sales blew away 2019’s pre-Covid volume of $112.1 … Continued
On January 1, 2025, SB 1103, otherwise known as the Commercial Tenant Protection Act, will go into effect. The first-in-the-country commercial protections for small commercial tenants was signed into law by Governor Newsom on September 30. The legislation was hailed as a victory by some small business groups, who feel it creates a more balanced … Continued
In this issue of Voit’s “Meet Our Professionals” Broker Profile Series, we highlight Sean Sullivan, SIOR, SVP/Partner, of our Ontario office. Brokers come from all walks of life, often transitioning from seemingly unrelated fields before finding their niche in commercial real estate. This is true for Sean Sullivan. Through his early career work in helping … Continued
This week, the SIOR Conference returns to Los Angeles for the first time in a dozen years — at the Hollywood Loews Hotel in Hollywood. So, we decided to use this post to discuss how membership in SIOR benefits brokers and their clients. At Voit, nearly two dozen of our brokers have earned the prestigious … Continued
Two weeks ago, the commercial real estate industry received a boost when the Federal Reserve finally delivered its long-awaited benchmark interest rate cut. The larger-than-expected half a percentage point cut lowered the rate to 4.75% – 5.00%. This was the first rate cut in over two years and followed 11 consecutive rate hikes aimed at … Continued
In this issue of Voit’s “Meet Our Professionals” Broker Profile Series, we highlight Brandon Keith, SVP/Partner, of our San Diego office. The path to a career in commercial real estate is not always a straight one. For Brandon the course he had envisioned for himself took several serendipitous turns that steered him into CRE. Turns … Continued
The adage, “It’s always darkest before the dawn,” seems like an accurate assessment of the current office market. Despite record vacancy levels across the country, there are some positive indicators as we head into the final quarter. The Bad News Let’s start with the bad news. According to Moody’s Analytics, the office sector set a … Continued
Despite a continued downturn in the industrial market as we enter the dog days of summer, there’s also some good news in the near term — as long as you’re a tenant seeking to renew or relocate. Across all metrics, the industrial market continues to slow nationally and in the SoCal markets. Leasing and sales … Continued
One of the pandemic’s inadvertent silver linings was that it exposed the fragility of the global supply chain. Worldwide shutdowns of manufacturing and distribution facilities disrupted the flow of goods. Everything from meat to toilet paper disappeared from grocery store shelves, and products manufactured overseas, like medical supplies, appliances, and microchips, were back-ordered for months. … Continued