Voit Real Estate Services

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[Voit Real Estate Services @VoitRealEstate]

U.S. retail vacancy sits near historic lows at ~4.4%, making it one of the strongest CRE asset classes this year — outperforming office (14%), industrial (7.5%), and multifamily (8.5%). New supply remains constrained, with retail construction well below the 10-year average. But how long can it last?

What's driving demand: 
• Grocery, discount & value tenants leading absorption
• Service retail now accounts for 50%+ of leases — up from 40% just 15 years ago
• Wellness & fitness operators represent nearly 30% of service-based leases
• “Medtail” (healthcare in retail settings) is booming as consumers seek convenience over hospitals
• The U.S. wellness market hit $2.1T in 2024

Headwinds to watch: 
• Tariffs have pushed imported goods ~6.6% higher and domestic goods ~3.8% higher vs. pre-tariff trends
• Gas prices have surged 50%+ nationally since the Iran war began (CA hit $6.116/gal on Memorial Day)
• Higher fuel costs ripple through freight, shipping & manufacturing — lifting prices broadly
• Consumer sentiment hit an all-time low in May (44.8 on U of M index — worst since 1957)
• 57% of consumers say high prices are eroding their personal finances

Retail has shown remarkable resilience, but the next chapter hinges on whether geopolitical relief can outpace persistent inflation pressure and weakening consumer confidence.

For a more indepth information on the retail market, read the full article at https://t.co/hjoIKvlRvA

#VoitRealEstate #VoitSan Diego #RetailCRE #CommercialRealEstate #CREMarket #RetailTrends #MarketUpdate

[Voit Real Estate Services @VoitRealEstate]

Solid performance by John Collins, Michael Collins and Jordan Kemper of Voit’s Irvine office who directed the $1,793,000 sale of a 3,277 SF industrial suite in Laguna Hills. The Voit team represented both the buyer and seller in this transaction. Teamwork!

#VoitRealEstate #CREBroker #RealEstate #CommercialRealEstate #SocalRealEstate #Industrial #CREInvesting #Investing

[Voit Real Estate Services @VoitRealEstate]

Outstanding job by Ryan Osterkamp of Voit’s Irvine office who represented his client in the $3,070,352 acquisition of this 7,983 SF industrial building in La Habra. Nice work, Ryan!

#VoitRealEstate #CREBroker #RealEstate #CommercialRealEstate #SocalRealEstate #Industrial #CREInvesting #Investing

[Voit Real Estate Services @VoitRealEstate]

Voit Real Estate Services is pleased to announce that Amanda (Strohauer) Lindquist has joined our team as Vice President, partnering with SVP Todd Holley, SIOR and Senior Associate Connor Usselman in our San Diego office.

Amanda brings over a decade of commercial real estate experience representing both institutional and private clients across office, industrial, retail, life science, and mixed-use assets. 

Her extensive ownership-side experience, acquired from previous roles at REM Realty Group, Regent Properties, and PS Business Parks, provides a unique advantage in both landlord and tenant representation. Amanda understands the financial and operational objectives that drive ownership decision making, allowing her to strategically position assets for landlords while also effectively negotiating on behalf of tenants navigating the market.

Amanda’s experience, market knowledge, and relationship-driven approach make her a strong addition to the Voit platform.

Welcome aboard, Amanda!

#VoitRealEstate #VoitSanDiego #CREBroker #RealEstate #SoCalRealEstate #CaliforniaRealEstate #TenantRepresentation #Industrial #WelcomeAboard #CompanyCulture

[Voit Real Estate Services @VoitRealEstate]

John Collins, Michael Collins, and Jordan Kemper of Voit’s Irvine office executed the $1,068,153 lease of this 9,408 SF industrial building in Alisa Viejo representing the landlord. Congratulations!

#VoitRealEstate #CREBroker #RealEstate #CommercialRealEstate #SocalRealEstate #CommercialLease #Industrial #LandlordRepresentation

[Voit Real Estate Services @VoitRealEstate]

Despite ongoing geopolitical tensions and continued economic uncertainty in the U.S., the demand for office space is accelerating in many markets, according to multiple national real estate data providers. That demand extends to Southern California as well, corroborated by Voit’s research and boots-on-the-ground broker observations in our Q1 market reports. The boost in demand is driven by a host of factors, including companies tightening RTO policies, a flight to quality as new office construction slows, and a selective surge in hiring for roles in AI, cloud computing, and cybersecurity.

Office Demand Statistics
• Yardi Matrix reports: national office vacancy rate decreased to 17.8% through March - 210 basis points lower than in Q1 2025.
• VTS Office Demand Index reports: national office demand increased by 18% from the close of 2025 - 13% YOY
• San Francisco demand jumped by 70% Q4 2025 to Q1 2026 - 124% YOY
• Los Angeles demand reach its highest level since Q2 2024- 20% quarter-over-quarter increase

Ryan Masiello, Chief Strategy Officer of VTS cautions, “Despite the national surge, the local picture city-to-city remains quite nuanced. The AI boom continues to be a dominant headline for office, and markets that lack a major tech presence, or are without a primary growth lever in another industry, are seeing declines in demand.”

While vacancy remains well above historical norms in the San Diego and Orange County office markets, demand is increasing in both markets. For additional information on these markets, read the full article at https://t.co/oL9cJNo0Ap

#VoitRealEstate #CommercialRealEstate #ClientAdvisor #MarketExpert #OfficeSpace #OfficeMarket

[Voit Real Estate Services @VoitRealEstate]

Congratulations to Dante Borruso of Voit’s Ontario office who executed the $1,265,370 lease of this 21,127 SF industrial building in San Bernardino representing the tenant, Material Flow Systems, LLC. Nice job, Dante!

#VoitRealEstate #CREBroker #RealEstate #CommercialRealEstate #SocalRealEstate #CommercialLease #Industrial #TenantRepresentation

[Voit Real Estate Services @VoitRealEstate]

Excellent job by Adam Hill, Mike Zehner, and Mitch Zehner of Voit’s Irvine office in executing the $12,012,858 lease of this 62,697 SF industrial building in Fullerton. The Zehner Hill Industrial Group representing the tenant. Nice teamwork, guys!

#VoitRealEstate #CREBroker #RealEstate #CommercialRealEstate #SocalRealEstate #CommercialLease #Industrial #TenantRepresentation

[Voit Real Estate Services @VoitRealEstate]

Voit Real Estate Services wishes everyone a peaceful Memorial Day weekend filled with love and remembrance. As we fire up the grill or play on the beach, let’s not forget who provided us with the freedom to celebrate. Honor those who made it possible.

Have a wonderful and safe Memorial Day weekend.

#VoitRealEstate #VoitSanDiego #CompanyCulture #Celebrate #MemorialDay #HappyMemorialDay #RememberTheFallen

[Voit Real Estate Services @VoitRealEstate]

Outstanding job by Dante Borruso of Voit’s Ontario office who represented his client in the $2,500,000 acquisition of this 9,000 SF industrial building in Riverside. Congrats, Dante!

#VoitRealEstate #CREBroker #RealEstate #CommercialRealEstate #SocalRealEstate #Industrial #CREInvesting #Investing

[Voit Real Estate Services @VoitRealEstate]

Voit Real Estate Services is excited to share with you the Q1 2026 updates to our Regional Land Pricing and Lease Rates map and Office Vacancy and Lease Rates map. These valuable resources serve as a complement to our quarterly market reports providing essential data for both tenants and property owners.

Tenants:
If you’re evaluating markets in the region, these maps offer a comprehensive view of land pricing and lease rates. Use them to make informed decisions about your next business location.

Owners:
Whether you’re managing a single property or a diverse portfolio, these maps provide solid data to help you analyze your investments. Remember, averages don’t always tell the full story—each sub-market and size range has its unique nuances.

Click the links below to download the maps from our website.

Industrial Land Pricing and Lease Rates Map with Estimated Drayage Costs:
https://t.co/Q9emg2rN2P 

Office Vacancy and Lease Rates Map:
https://t.co/LfzU6kfeam

For additional information on your market, reach out to one of our trusted real estate advisors at https://t.co/9sGQWIFOYJ

#voitrealestate #industrial #officespace #commercialrealestate #socalrealestate #marketupdate #clientadvisor #marketinsights

[Voit Real Estate Services @VoitRealEstate]

Solid performance by Ryan Bracker, Miles Arnold, Glenn Arnold, and Patrick Black of Voit’s San Diego office who represented their client in the $2,700,000 disposition of their 4,332 SF office building in San Diego. Nice way to start the week!

#VoitRealEstate #CREBroker #RealEstate #CommercialRealEstate #SocalRealEstate #Industrial #CREInvesting #Investing

[Voit Real Estate Services @VoitRealEstate]

Congratulations to Juan Gutierez, SIOR, Shy Assar, and Ian Ozimec, CCIM of Voit’s Ontario office for executing the $2,712,097 lease of 6.25 acres of land in Rancho Cucamonga representing the landlord. Nicely done!

#VoitRealEstate #CREBroker #RealEstate #CommercialRealEstate #SocalRealEstate #CommercialLease #Industrial #LandlordRepresentation #SIOR #SIORGlobal #InlandEmpire #CCIM

[Voit Real Estate Services @VoitRealEstate]

Connor Usselman and Todd Holley, SIOR of Voit’s San Diego office executed the $1,327,564 lease of this 12,000 SF industrial building in San Diego representing the tenant. Congratulations guys!

#VoitRealEstate #VoitSanDiego #CREBroker #RealEstate #CommercialRealEstate #SocalRealEstate #CommercialLease #Industrial #TenantRepresentation #SIOR #SIORGlobal

[Voit Real Estate Services @VoitRealEstate]

Outstanding teamwork by Dan Berkenfield, Travis Forster, Rachel Burney, John Collins, and Jordan Kemper of Voit’s Irvine office in directing $1,800,000 sale of this 5,016 SF industrial building in Stanton. Berkenfield, Forster and Burner represented the seller, while Collins and Kemper represented the buyer. Cheers!

#VoitRealEstate #CREBroker #RealEstate #CommercialRealEstate #SocalRealEstate #Industrial #CREInvesting #Investing

[Voit Real Estate Services @VoitRealEstate]

Excellent job by Mike Hefner, SIOR, Nicholas DiGiovanni, and Brenden Hefner of Voit’s Anaheim office who directed the $10,150,000 disposition of this 32,000 SF industrial building in Brea representing the seller. Congrats!

#VoitRealEstate #CREBroker #RealEstate #CommercialRealEstate #SocalRealEstate #Industrial #CREInvesting #Investing #SIOR #SIORGlobal

[Voit Real Estate Services @VoitRealEstate]

Nice job by Steve Lane of Voit’s Irvine office who represented the tenant in the $2,012,855 lease of 5,548 SF office suite in Sacramento. Congrats, Steve!

#VoitRealEstate #CREBroker #RealEstate #CommercialRealEstate #SocalRealEstate #CommercialLease #OfficeSpace #TenantRepresentation

[Voit Real Estate Services @VoitRealEstate]

Congratulations to Brian McLoughlin and David Fults of Voit’s Los Angeles office for executing the $13,730,980 lease renewal of 8.67 acres of land in South El Monte representing the tenant. Fantastic job, guys!

#VoitRealEstate #CREBroker #RealEstate #CommercialRealEstate #SocalRealEstate #CommercialLease #Industrial #Land #TenantRepresentation #TradedLA

[Voit Real Estate Services @VoitRealEstate]

Voit Real Estate Services management team wasn’t the only one recognizing our Irvine office staff for all their hard work and dedication. Senior Vice President John Collins honored the staff with a beautiful lunch he prepared himself. What a lovely sentiment. Well done, John!!

#VoitRealEstate #CompanyCulture #AdministrativeProfessionalDay #AdministrativeProfessionals #CelebrateTogether

[Voit Real Estate Services @VoitRealEstate]

Chris Drzyzga, SIOR of Voit’s Irvine office assisted his client in renewing the lease of their 7,173 SF of office space in Irvine. Lease consideration of $2,046,843. Nicely done, Chris!

#VoitRealEstate #CREBroker #RealEstate #CommercialRealEstate #SocalRealEstate #CommercialLease #OfficeSpace #TenantRepresentation #SIOR #SIORGlobal