Louis Tomaselli of the Anaheim Metro office of Voit tells GlobeSt.com that the business parks formerly were leased by a number of brokerages when they were owned by Rreef, including some in-house management by Rreef. "A number of Voit teams worked on selected assets including our team that worked on four," Tomaselli says.

Tomaselli is representing five of the nine new industrial parks that Voit has landed as part of the new assignment, with Mike Hartel of Voit Commercial's Irvine office representing the other four parks. The nine parks in aggregate are approximately 95% leased.

"The addition of this portfolio strengthens Voit's position in the Southern California market to represent approximately one third of all industrial business parks in Orange County," Tomaselli points out. Hartel adds that the brokerage built a strong relationship with Walton Street Capital in representing the first 10 parks, which led to this new contract for the other nine industrial properties.

The five new industrial parks being marketed by the Tomaselli Zehner Group are the 208,200-sf Garden Grove Business Center at 7201-7291 Garden Grove Blvd. in Garden Grove, the 189,526-sf Hoover Business Park at 12600-12714 Hoover St. in Garden Grove, the 145,745-sf Commerce Park Anaheim at 1440 S. State College Blvd. and 2031 Cerritos Ave. in Anaheim, the 110,900-sf Fullerton Business Center at 4010-4080 N. Palm St. in Fullerton and the 105,516-sf North County Business Park at 22601-22699 Old Canal Rd. in Yorba Linda.

The four new industrial properties being marketed by Mike Hartel's team are the 192,869-sf Harbor Business Park at 3500-3501 W. Moore Ave. in Santa Ana, the 128,018-sf Harbor Warner Business Park at 2720-2770 S. Harbor Blvd. and 2727-2737 S. Croddy Way in Orange, the 226,636-sf Spectrum Centre Business Park at 20902-21098 Bake Parkway in Lake Forest and the 170,306-sf Irvine Business Park at 2-10 McLaren and 15791-15801 Rockfield Blvd. in Irvine.

The 10 industrial parks that Voit was already marketing for Walton Street are in Irvine, Anaheim, Garden Grove and Lake Forest.

The 19 industrial business parks are part of the 23-million-sf former CalWest Portfolio, which was purchased by real estate equity funds sponsored by Walton Street in June. The 550-building portfolio consists of both business parks and warehouse-distribution product in the Western US, with a concentration in Southern California. The portfolio also includes assets in Sacramento, Dallas, San Jose, Oakland, Phoenix, Portland, OR and Seattle.