Regan will work from the company's Newport Beach, CAheadquarters. He is replacing project manager Kimberly Borges, whohas left for family reasons. However, Regan says the company willcontinue to rely on her expertise.

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"We wanted to have a more centralized system, with thedevelopment guys working out of the Newport Beach headquarters,"Regan says. "It's the most efficient handling to have operationsout of one office than all of us going to the differentregions."

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Regan, who is from Phoenix, visits every other week or moreoften, depending on projects under development. Voit no longer hasan office at 6720 Scottsdale Rd. in Scottsdale. Regan says about2,000 sf is being built out for a new office at Anthem Gateway, a60,000-sf office building that Voit is developing at 42104 N.Venture Dr. in Anthem. Regan says the office should be ready inabout 60 days.

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Regan joined Voit Development's Phoenix office in 1997 andrelocated a few years later to the Southern California headquarterswhere he was ultimately promoted to vice president of developmentand acquisitions for the Los Angeles and Ventura Count regions. Hewill continue to work the Southern California market in addition tothe Phoenix territory.

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Regan admits to GlobeSt.com that the Phoenix market is in flux,but is quick to point out that Voit still has a hand indevelopments and is examining several potential acquisitionactivities, especially in Scottsdale Airpark. He says Voit's52,903-sf Tramanto Crossing office condo project at 34975 N. NorthValley Parkway in Phoenix is about 50% sold. Regan says when saleshit 75% then Voit will begin phase two.

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Regan says Voit most likely will put more emphasis onacquisition in Phoenix for the near term rather than construction."With so much built that's vacant, we don't want to add to thatsupply," he stresses.

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