Category: Blog

collage of small businesses with SB 1103 Commercial Tenant Protection Act in the center

SB 1103: The Commercial Tenant Protection Act

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

Broker Profile: Senior Vice President Sean Sullivan, SIOR

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
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The Value of an SIOR Designation

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
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What Do Fed Rate Cuts Mean for CRE?

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
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Broker Profile: Senior Vice President Brandon Keith (San Diego)

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
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Office Outlook: Dark Skies Now, Sunny Skies Ahead

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
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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
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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