[IMGCAP(1)]NEWPORT BEACH, CA-Voit Real Estate Services has ramped up its already growing asset services platform with the naming of John Pierce as president of the firm’s brokerage division, Kurt Strasmann as managing director of its Anaheim and Inland Empire operations, Will Robb as asset manager and Debra Milby as executive business operations manager. Pierce and Milby are both 20-year veterans of Voit, Strasmann was previously an executive vice president and managing director for Grubb & Ellis Co. and Robb was vice president of asset management for LaSalle Investment Management in Denver.
[IMGCAP(2)]Along with naming the four to their new positions, Voit has also added new software systems designed for more intensive property management that will correspond with institutional and bank reporting needs, according to Robert Voit, founder and president of Voit Real Estate Services. As the company founder explained early this year when Voit unveiled its new focus on asset services and named Brian Malliet to spearhead the initiative, its new emphasis is aimed at meeting the needs of banks, financial institutions and owners, providing a single point of access for services for properties and portfolios.
[IMGCAP(3)]Pierce, in his new role as president of the brokerage division, will be responsible for promoting Voit’s company image, building relationships within the industry and generating new business opportunities. He will also be executing internal company initiatives and recruiting new brokerage professionals to the firm.
[IMGCAP(4)]Robert Voit says that with the appointment of Pierce, the company intends to leverage its brokerage division’s capacity to handle and understand distressed assets through collaboration with Voit Real Estate Services’ other divisions to offer a full spectrum of asset services during this cycle. Among these services are brokerage, construction management, development, property management, strategic planning and financial modeling, entitlement work, financial reporting and development of exit strategies.
Before joining Voit Real Estate Services, Pierce was vice president of marketing at the Koll Co., where he established the Koll Marketing Group to market the 100-acre master planned mixed use Koll Center Irvine project comprising three million square feet of high-rise office. The Koll Marketing Group was also responsible for marketing the 1.3 million-square-foot mixed-use Koll Center Newport. His career includes serving as president of the MacArthur Group, a boutique commercial real estate services firm, and as president and chief operating officer at Brinderson Development Corp. and as a senior sales consultant with Coldwell Banker & Co.
Strasmann, as managing director of Voit’s Anaheim Metro commercial brokerage office, will also be increasing Voit Commercial Brokerage’s geographic coverage by creating an Inland Empire office. In his previous post at Grubb & Ellis, he was responsible for the company’s Orange County, Inland Empire and San Gabriel Valley offices.
According to Pierce, the appointment of Strasmann will enable Voit to move forward dramatically in a market in which we see strong opportunity for our firm to increase its market share.” Strasmann had been with Grubb & Ellis since beginning his career in 1985. From 2001 through 2009, his region was recognized as Grubb & Ellis’ top performing operation nationally in revenue and net profit.
Robb, in his new role as asset manager, will oversee property management, leasing, construction and development services, and he will be directly responsible for creating value for the distressed assets. At his previous post at LaSalle, he managed leasing and disposition strategies for two portfolios totaling 15 properties and valued more than $500 million.
Milby, as executive business operations manager, will be responsible for ensuring consistency in procedures and policies among the firm’s offices, as well as ensuring that the commercial brokerage professionals have the tools they need to provide the highest-quality service in the region, according to Pierce. Her appointment, and the others, follow the previous appointments of John Strockis as executive managing director of asset services and Jeff Doan as director of operations. Strockis points out that,while many commercial real estate firms are still implementing cost-cutting procedures throughout their organizations, Voit’s Asset Services is increasing its investment in the firm’s asset management capabilities. Strockis adds that Voit “is debt-free and in the position to offer third-party asset management or joint venture large volumes of distressed portfolios to assist financial institutions and owners.”