work with large investors who
are looking to Voit to act as an
underwriting and acquisitions
agent, as well as an operator in
ORANGE COUNTY, CA-Joe Newman has joined Voit Real Estate Services as regional director of asset services for Southern California. He will be responsible for overseeing Voit’s asset-services operations here and in Los Angeles, San Diego and the Inland Empire.
Before joining Voit, Newman served as director of CBRE San Diego’s asset-services division and downtown brokerage office, where he led more than 50 professionals who managed a commercial portfolio of 16.5 million square feet throughout San Diego County. Newman has more than 30 years of experience in the commercial real estate industry, including 25 years with CBRE, which declined to comment on Newman’s new appointment.
Newman will spearhead Voit’s work with large investors who are looking to Voit to act as an underwriting and acquisitions agent, as well as an operator in many cases. Newman’s expertise consists of directing management, leasing, project management and real estate consulting services for numerous clients, including major institutional investors, realty/pension fund advisors and private ownership entities.
“We have seen a spike in investors reentering the market and making deals throughout Southern California,” said Mark Read, executive managing director for Voit, in a prepared statement. “Joe’s expertise with institutional private owners makes him an excellent fit for Voit, where we already think and act like a surrogate owner because we are an owner.”
As GlobeSt.com previously reported, in August Mike Vernick and Mike Hefner of Voit’s Anaheim, CA, office completed the $5.9 million acquisition of a 77,788-square-foot property in Placentia, CA, representing the buyer, Classic Performance Products. The team also directed a $1.1 million sale of a 10,000-square-foot property at 1721 N. Lime Street in Orange, CA, on behalf of the seller, the Berg Family Trust.