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CITY OF COMMERCE, CA-Voit Real Estate Services has launched a new office here, the ninth operated by the Newport Beach-based company, and has named senior vice president David Fults to head the new operation. Fults, who formerly served as first vice president of CB Richard Ellis, will continue his 12-year partnership with Brian McLoughlin, senior vice president of Voit Real Estate Services’ Los Angeles office. The team, which specializes in Los Angeles, has completed more than 12 million square feet of transactions with a total consideration of more than $700 million since January 1998.

Voit’s operations are expanding based on client demand, according to Robert D. Voit, the company’s CEO. He says that the new location marks the establishment of a presence in a key market and is another element of Voit’s “boots on the ground” campaign to place its professionals directly into the markets it serves throughout the Western US.

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