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Brower, Miller & Cole
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VOIT REAL ESTATE SERVICES HANDLES LARGEST SQUARE-FOOT LEASE IN ORANGE COUNTY IN MORE THAN FIVE YEARS

ANAHEIM, Calif., (JANUARY 19, 2010) –Voit Real Estate Services’ Commercial Brokerage division, a member of CORFAC International, has recently completed the largest Orange County industrial lease by square-footage in more than five years. Luke McDaniel and Cameron Driscoll of Voit Real Estate Services’ Anaheim Metro office represented Saddle Creek Corporation in a 626,304 square-foot industrial lease at 6565 Knott Avenue in Buena Park. Terms of the deal were not disclosed.

“Following an in-depth location analysis of the entire LA Basin and Inland Empire, Voit was able to determine that as a result of the client’s high volume of containers, lower drayage costs made the Buena Park location more economical than a lower lease rate and higher drayage fees for a facility in the Inland Empire. In addition, this building is strategically located in close proximity to a large customer of Saddle Creek,” McDaniel said.

“The significance of this deal is two-fold. Not only does this mark major activity in the Orange County real estate market, but it also shows that North Orange County is still a viable logistics location,” he added.

Voit’s McDaniel and Driscoll have been partners since the early stage of their career in 1999. The team specializes in the Mid-Cities and Orange County markets.

The property’s owner, Prudential Insurance Co., was represented by Overton Moore Properties.

Founded on family principles over 40 years ago, Saddle Creek Corporation is a Lakeland, Florida-based firm which has grown to become a nationwide, privately held third-party logistics company that places an emphasis on delivering premium service.

Voit Real Estate Services is one of the largest privately owned, debt-free commercial real estate services firms serving both institutional and private clients in the Western United States. With offices in California, Nevada and Arizona, Voit Real Estates Services can scale asset management, property management, market research, property leasing and sales, financial underwriting, construction and development services to its clients’ individual needs in any market. The firm’s nearly four decades of real estate ownership experience, combined with its asset management platform, provides clients with strategic alternatives, which allow owners of distressed real estate assets to maximize proceeds while minimizing risk.

Voit Real Estate Services was founded in 1971 by Robert D. Voit, who continues to lead the firm. Known for its personal, nimble and responsive service culture, Voit Real Estate Services has developed, acquired or managed more than 40 million square feet of commercial real estate and transacted sales and leases valued in excess of $25 billion. Additional company information is available at www.voitco.com.