Voit Completes Two Industrial Owner/User Sales Encompassing 48,000 SF in Greater Los Angeles, CA

Los Angeles, CA  (Dec. 19, 2011) – Voit Real Estate Services’ Anaheim office has completed two industrial property sales encompassing 47,620 square feet for a total consideration of $4.8 million in Greater Los Angeles. 

 Transaction #1

Cameron Driscoll and Luke McDaniel, both Senior Vice Presidents in Voit’s Anaheim office, completed the $2.7 million sale of a 28,300 square-foot, free-standing industrial building located at 16000 Phoebe Avenue (top left photo) in La Mirada, Calif. Voit’s Driscoll and McDaniel represented the seller, InSite Realty Advisors.

“This property was originally listed for lease, however, the Voit team knew there was stronger activity in the sale market, so we advised our client to shift the focus to buyers in the region,” said Driscoll.  “As a result, we were successful in achieving a sale price at the higher end of the market on behalf of the seller.”

The buyer, Evergreen Packaging, acquired the space to expand its operations, while adding additional machinery.  Evergreen Packaging was represented Grubb & Ellis in the transaction.

Transaction #2

Voit’s Anaheim office also completed the $2.1 million sale of a 19,320 square-foot, free-standing, single occupant industrial building located at 9046 Sorensen Ave. (lower right photo) in Santa Fe Springs, Calif.  Voit’s Cameron Driscoll and Luke McDaniel represented the seller, Kearny Real Estate Company.

“In this REO sale, Voit was able to quickly identify a qualified buyer that closed the deal in a timely manner, and without any re-trades,” stated Driscoll.

The buyer, Steven Label, is a printing company that plans to use the space as its headquarters.  Steven Label was represented by Lee and Associates.

Further information is available at http://www.voitco.com./

Contact: 

Judith Brower

Brower, Miller & Cole

949) 955-7940

JBrower@browermillercole.com

http://www.browermillercole.com/

Voit Real Estate Services Appoints Susan Doris to Grow Its Asset Management Portfolio in Northern California and Nevada

  

SACRAMENTO, CA (Dec. 19, 2011) –Voit Real Estate Services has hired Susan Doris (top right photo) as an Asset Manager in its Sacramento office to increase the company’s Asset Services business in Northern California and Reno, according to Kevin Sheehan (middle left photo), Managing Director of Voit’s Sacramento office.  Doris brings more than 25 years of experience in the commercial real estate industry to Voit.

In her new role, Doris will be responsible for business development and the implementation of strategies to maximize value and minimize risk for Voit’s clients.  She will liaise with lenders such as banks, insurance companies, special servicers and public-sector entities that are controlling under-performing or distressed assets in order to provide strategic counsel as part of Voit’s asset services platform.

 “Through her 25 years of service in commercial real estate, Susan has built a reputation for success and integrity in the industry,” said Sheehan. “Susan will provide service and value to our clients by contributing to the integrated solutions for which Voit is known.”

Prior to joining Voit, Doris served as Managing Director of National Leasing at Equity Office Properties where she launched a national strategic broker program that integrated the company’s national broker accounts. 

She was successful in coordinating broker relationships and office transactions with local leasing managers across a 125 million square-foot portfolio.

 As Director of Leasing for Equity Office Properties and Cornerstone Properties, she was responsible for overseeing the marketing and leasing for the company’s properties in Sacramento, the East Bay, and Seattle, Washington.

 At Equity Office Properties, Doris specialized in broker relations; lease negotiations; management of third party brokers; financial review and credit negotiations; construction; and legal team management. 

Doris was on the development team at William Wilson & Associates, and for nine years as Marketing Manager she executed all leasing and marketing for a premier 30-story, Class A high rise in Sacramento. In this position, Doris opened the company’s Sacramento office and handled all leasing for the building, successfully achieving a premier tenant roster.

Doris began her career in commercial real estate as a Coldwell Banker broker in both San Jose and Sacramento. There Doris represented both the landlord/seller and tenant/buyer side for office, R&D, land and industrial properties in those markets.

Doris earned her degree in Economics from the University of California Davis, and is on the Board of Directors for River City Food Bank.

Further information is available at http://www.voitco.com/.

Contact: 

Judith Brower

Brower, Miller & Cole

949) 955-7940

JBrower@browermillercole.com

http://www.browermillercole.com/