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Good news for tenants overlayed on an aerial of many industrial buildings

Industrial Markets at Midyear: Some Good News for Tenants

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
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What Does Manufacturing Returning to the U.S. Mean for SoCal Industrial?

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
biology medicine and medical laboratory photo and cell culturing multi well plate and pipette safety cabinet

The San Diego Life Science Market

Impressions from BIO International and an Update on the San Diego Life Science Market San Diego, one of the Big Three life science clusters in the U.S. (along with Boston and San Francisco), recently hosted the BIO International Convention — the world’s largest and most comprehensive annual event for biotechnology. This event, which drew over … Continued
Broker Profiles The Meet our Professionals series overlay on grid of Voit brokerage professionals headshots

Broker Profile: Senior Vice President Kimberly Clark (San Diego)

Kimberly Clark is a senior vice president and partner at Voit Real Estate Services’ San Diego office and the first to be highlighted in Voit’s “Meet Our Professionals” Broker Profile Series. Kimberly learned early in life through her family and church that helping others was a path to a fuller and more meaningful life. So, … Continued
Sustainable measures - strategic investment overlayed globe with eco-friendly icons

Sustainability Measures Improve the Bottom Line for Property Owners

It is important for investors and property owners considering “going green” with their new building project or existing asset renovation to remember that it’s not just about “saving the planet.” It’s a strategic investment that enhances your property’s long-term value and profitability. What is Sustainability? Sustainability, as it applies to commercial real estate, refers to … Continued
End of Extend and Pretend overlayed on two business making a deal with a bag of money

Is ‘Extend and Pretend’ Coming to an End? Maybe Not.

In recent months, a slew of published articles shed light on the imminent commercial real estate loan maturities and the potential ramifications for the industry and the broader economy. As these loans mature, landlords have limited financing options in today’s market. Lenders are faced with the decision: Should they foreclose on an asset (mainly office … Continued
Glowing skyscrapers illuminate the futuristic cityscape at night generated by artificial intelligence

AI Streamlining Site Selection, Planning, and Development Processes

In a previous blog post on AI, we discussed the myriad ways it will impact the commercial real estate industry — from property valuation and market analysis to predictive analytics to facilities management. As the technology continues to advance, so will its practical applications, and the commercial real estate development community is taking notice. According … Continued
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Strong Company Culture: Essential Component to Success, Part II

In our previous post, we defined what Voit means by “company culture” and discussed the benefits of a well-defined workplace culture that is put into practice. We examined the positive impact on work-life balance for employees and the company and how a positive culture helps attract and retain talent. In this article, we’ll look at … Continued
Team overlay on happy employee photo with text Strong Company Culture Essential Component to Success

Strong Company Culture: Essential Component to Success

As companies continue to adapt to the post-pandemic workplace, managers across all industries face the challenge of building and maintaining a company culture that works for them and their employees. Companies that built positive cultures before COVID-19 and either preserved or adjusted to the “new normal” workplace are not just surviving but thriving. Those who … Continued
vacant industrial warehouse with downward trend rental rate graph overlay

Are Industrial Rental Rates Finally Coming Down?

Despite a steady increase in industrial property vacancy rates since midway through 2022, asking — and actual — rental rates have continued to increase in most Southern California markets. Fortunately, there’s a glimmer of hope for tenants as this upward trend in rental rates might finally be showing signs of a reversal. According to Voit’s … Continued