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Large industrial building in Anaheim at dusk

Q3 Industrial Market Update: Occupancy Driven by Largest and Smallest Facilities

If you had to describe the industrial market in one word, it would be “bifurcated,” at both the national and SoCal levels. According to Voit’s market reports and data from CoStar, leasing activity is heavily concentrated in buildings between 25,000–50,000 SF and over 500,000 SF. The recovery also varies widely from market to market. “Nationally, … Continued
aerial of a small-bay industrial complex

Small-Bay Industrial Assets Present Opportunities for Private Investors

As economic uncertainty, driven by escalating oil prices, tariffs, and a weakening labor market, continues to plague the industrial market, private investors seeking durable cash flow are turning to flexible small-bay properties. “For private local investors who don’t have the ability to weather the storm of vacancy on a larger building, small-bay industrial assets can … Continued
Closing CRE transaction with a handshake overlayed on the skyline of a major city

What Is Complicating CRE Transactions Today?

While commercial real estate investment sales gained significant traction in the first half of the year, slowing job growth, a Fed rate hike, and rising 10-year Treasury yields are complicating transactions and now threaten to derail that momentum. In September, the Federal Reserve raised the federal funds rate by 25 basis points (0.25 percentage points) … Continued
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