From the Blog
The Looming Recession & Industrial Property
Articles & Insights, From the Desk of Eric Northbrook, Industrial, Market InsightsSince 2011, owner/user industrial property values in the San Diego region have been on the rise, and have now reached a level that even the most optimistic and experienced professionals never imagined.
Current pricing for industrial buildings is more than double the previous market peak back in 2008, and for those who purchased their buildings back in the 1990s, their properties are worth up to eight times their original purchase price.
Third Places: Changing the Work Landscape
Articles & Insights“Third places” are changing the work and CRE landscapes as we know them. Research shows some 36% of employees work in such ‘third places’ at least once a week.
Simple Marketing Tips for Entrepreneurs
Articles & Insights, BrokersSimple marketing tips for entrepreneurs include setting measurable goals, identifying and engaging with your audience, and knowing when to outsource.
What Are Voit’s Four Pillars?
Articles & InsightsAt Voit Real Estate Services, some characteristics differentiate us from the rest. Our four pillars include culture, team, community, and clients.
The Future of Multifamily Property with Kyle Carruthers
Articles & Insights, Market InsightsIn this month’s Market Insights, we have Kyle Carruthers speaking with Eric Northbrook about the future of the multifamily industry. Kyle specializes in multifamily apartment buildings in both North County, San Diego, and South Orange County, with a focus on the coastal assets West of the 5 Freeway.
Real Estate Agent vs. Broker: What Is the Difference?
Articles & Insights, Brokers, Tenant RepresentationA real estate agent is licensed to help buy, sell, and rent real estate. A broker has continued licensing to work independently, start a brokerage, or hire agents.
Top Seven Benefits of Using a CRE Broker
Articles & Insights, Brokers, Tenant RepresentationUsing a CRE broker can save you time and money, reduce stress, provide market knowledge, help in the negotiation process, and get you to be taken seriously.
Use Office Space to Promote Activity and Mental Wellbeing
Articles & Insights, OfficeCompanies can use office space to promote activity and mental wellbeing by using open space, establishing way-of-work guidelines, and prioritizing comfort.
Q2 Market Insights
Articles & Insights, Market InsightsIt certainly is turning out to be an interesting year. The ground under us seems to be shifting every day and what counts as a good opportunity is becoming a moving target. After seeing all the Q2 Voit Market Reports for LA, Mid-Counties, the Inland Empire, and Orange County, it is clear that the change in market psychology has not yet manifested in the metrics. Though we may see substantive change in measured market activity in the final two quarters. There is just no way around the fact that money has become far more expensive and inflation is eating away at the profitability of businesses around the Southland.
Disposition Options for Owner/Users
Articles & InsightsThe owner/user model a time-tested model that has been around for decades, and literal fortunes have been made as a result.
However, individuals acquiring assets for their own use don’t think much about how and when to dispose of them when they are no longer needed to run their operations.
Let’s discuss disposition options for owner/users that are available.
Life Science Is Trending: What to Consider When Leasing Lab Space
Articles & Insights, Life SciencesBefore you lease life science space, consider if you’ve given yourself enough time, your finances and desired location, and what elements you need in your lab.
Investing in CRE: Is Now a Good Time?
Articles & Insights, From the Desk of Eric Northbrook, Market InsightsThe demand for industrial real estate in San Diego is still running high and that has many of our clients asking us about the sustainability of the run-up in property values that has sent pricing far above the previous cyclical peak back in 2007. Potential third-party investors and would-be owners/users are wondering if this is still a good time to get into the market. The answer depends on several variables. Let’s take a look at a few of them to shed some light on what might be best for you in the long run.
Should Startups Jump on the Fractionalized Real Estate Asset Trend?
Articles & InsightsWhile fractional real estate isn’t new, it’s become increasingly popular in recent years as it reduces the financial obligation for a single property investor.
Five Factors to Consider Before Renewing a Commercial Lease
Articles & InsightsBefore renewing a commercial lease, there are five factors you should consider: Time, size of the space, costs, property condition, and negotiations.
What Traits to Look for in Your CRE Broker
Articles & Insights, BrokersAt Voit, we believe there are specific character traits your broker should have. Our client advisors are long-term oriented, calm, optimistic, and energetic.