First In The West: Voit Real Estate Services Launches Mid-Quarter Market Reports
Jenn Quader/Judith Brower
Brower, Miller & Cole
• Voit breaks the boundaries of traditional quarterly reporting
Orange County, Calif. (September 4, 2012) – Voit Real Estate Services has expanded its market research offerings by introducing an all-new series of mid-quarter market reports to accompany the firm’s traditional quarterly reports. As the first commercial real estate firm in the Western U.S. to introduce these mid-quarter updates, Voit will share this data with its clients and other interested parties at the halfway point of each quarter, according to Jerry Holdner, Vice President of Market Research for Voit.
“Real estate clients in today’s market need more frequent insights in order to stay ahead of the pack,” says Holdner. “The pace of the industry has picked up substantially, and the key to helping our clients make deals is to ensure they are armed with fresh data that will allow them to make strategic, informed decisions rapidly.”
Holdner attributes the increase in speed to a combination of ongoing technological advancement, as well as the global, 24-hour nature of business, which continues to propel the speed at which knowledge is needed.
In keeping with this increasing pace, Voit’s new mid-quarter market reports will be available in nine markets, including Orange County, San Diego, Los Angeles, the Inland Empire, Southern California, Sacramento, Las Vegas, Reno and Phoenix. These updates will include data on economic indicators such as the GDP, employment, and consumer confidence; as well as market-specific data on commercial sales and leasing, major transactions, and market forecasts.
The new reports are just another way that Voit is breaking boundaries - a sentiment that Holdner says is often associated with the 40-year-old, entrepreneurial firm.
“While much of the commercial real estate industry was shrinking, we were expanding,” he explains. “It takes a well-established team to create comprehensive reports every six weeks. Because we already have a strong team of analysts in place throughout the Western U.S., we are equipped to launch this new series of reports.”
Voit has grown its market research division rapidly over the past 18 months, according to Holdner, who notes that the firm has added six new analysts during that timeframe.
Voit’s mid-quarter market reports can be downloaded at www.voitco.com/market-research/mid-quarter-market-update.html.About Voit Real Estate Services
Voit Real Estate Services is now a 10 office commercial real estate firm that, through its brokerage and asset services professionals working together, provides strategic property solutions tailored to clients' needs. Combining 40 years of expertise in brokerage, investment advisory, financial analysis, market research, asset management, tenant advisory and property management services, Voit provides clients with forward looking strategies that create value for their assets and portfolios.
Voit is a privately held, debt-free firm that has successfully navigated numerous market cycles since 1971 and currently employs more than 250 people. Voit has owned, developed and managed over 50 million square feet of commercial real estate, participated in $1.4 billion of construction projects and completed over $36 billion in brokerage transaction volume. Further information is available at at www.voitco.com.