Contact:
Monica Seely/ Corynne Randel
Brower, Miller & Cole
(949) 509-6551
mseely@browermillercole.com

VOIT REAL ESTATE SERVICES OFFERS VALUABLE STRATEGIES FOR SUCCESSFUL TRANSACTIONS IN ORANGE COUNTY MARKET

ANAHEIM, Calif., (April 14, 2010) –Voit Real Estate Services, one of the top commercial real estate brokerage firms in Orange County, Calif., has developed valuable strategies for successful transactions in the current market.

“There are great opportunities if you know what to look for,” said Kurt Strasmann, Managing Director of Voit Real Estate Services’ Orange County region. “Regardless of the type of transaction, it is critical to have a strategy from the very beginning. That includes the basics from knowing where to look and asking the right questions, to the complexities of negotiation and coming to the table armed with data. This is where our team excels.”

Buyers
“Now is the time for buyer/users to take advantage of the down market,” says Michael J. Hartel, Senior Vice President of Voit’s Irvine office. “The combination of motivated sellers, historic-low interest rates and attractive SBA financing has contributed to the surge in bargain shopping over the last few months, especially as business owners are gaining confidence about their survival through this recession and are looking to secure property.”

Sellers
Robert J. Socci, Executive Vice President and Voit’s top Orange County broker for 2009 states, “Since we are in a ‘buyers’ market, it is essential that properties are positioned and priced to be competitive in a price driven market. Know your competitive set of properties and renovate and cure any deficiencies to make your property compete as best as possible. Any seller financing that could be made available would also give a seller a leg up due to the tough financing market we are in.”

Landlords
“Landlords that have a ready, willing and able tenant need to close the deal,” says John D. Griffin, Executive Vice President of Voit’s Irvine office. “Demand is still weak in this market and landlords need to be aggressive and flexible with pricing and incentives to meet the needs of potential tenants.”

Tenants
According to Chris Deason, SIOR, Senior Vice President of Voit’s Irvine office, “This is a tenant’s market and the best strategy is to have three or more building alternatives when negotiating lease extensions or new building lease transactions. Tenants should be looking to capitalize and lock in rental rates and other incentives for the longest possible lease term that fits the parameters of their business plan, and in some cases up to seven or 10 years. Having a few building options will help to identify motivated Landlords and their best deal quickly.”

Voit Real Estate Services offers its clients a one-stop, full-service commercial real estate services platform that supports managers and advisors that control distressed notes and assets.

With years of experience serving clients in the Southwestern United States, Voit offers Receivership, Property and Association Management, Asset Management, Construction and Development Services, Asset Business Plans, Accounting and Reporting, Property Condition Assessments, Brokerage leasing and sales, and Market Research scaled to meet each client’s customized needs. Voit Real Estate Services is headquartered in Newport Beach, Calif.

Founded by Robert D. Voit, the firm has offices throughout California, as well as in Arizona and Nevada. Further information is available at www.voitco.com.