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The Big Picture San Diego Blog


Voit

May 3, 2016

This week we sat down with Eric Northbrook, managing director at Voit Commerical Real Estate Services to discuss what it means to do business in San Diego. Voit is a privately held, broker-owned Southern California-based commercial real estate firm that has been providing strategic property solutions for clients since 1971. Over the course of 40 years, the firm has completed more than $44.8 billion in brokerage revenues encompassing more than 43,000 deals.

1.Please tell us what your company/organization does.

Voit is all about helping our clients get what they want when it comes to commercial real estate. We are a broker-owned firm dedicated to delivering superior service through our great people and top-of-the line tools and resources. The commercial property market is changing every day, and our goal is to always be out in front of what’s going on so that we can deliver on what gives our clients the results they’re looking for. We represent real estate investors and occupiers of all types of commercial real estate, and each one of them has their own needs, objectives and vision of a quality outcome. Our focus is on helping them get all three. We also strive to create the kind of work environment that will allow us to attract and retain the people who share our passion for being the standard bearer for our industry.

2.What are some advantages to being located/doing business in San Diego?

San Diego has an excellent blend of economic and lifestyle components that make it a great place to live, work and play. The economy is supported by a broad base of major employment sectors that help maintain overall stability, and the area’s highly regarded universities ensure a steady flow of bright, qualified workers to provide for further growth. Defense, Aerospace, Biotechnology, Action Sports and most recently, the craft-brewing industry are all thriving in San Diego. From a lifestyle perspective, the area is tough to beat. Great weather, beautiful beaches, recreational activities, top-notch food and entertainment, along with a wide variety of housing choices are all just what today’s growing millennial workforce is looking for in a place to call home. It’s no surprise that San Diego continues to outperform all but a few of California’s 58 counties and consistently ranks high in national quality-of-life surveys.

3.San Diego is full of dynamic companies, firms and service providers influencing global trends and innovation. Pick another San Diego company that is at the top of its game.

We think that Barney & Barney, a San Diego-based insurance agency, is a firm that stands out as a firm at the top its game. Founded in San Diego back in 1909, the company has a rich history of superior service to its clients and philanthropic efforts in the community. The leadership team is also focused on developing talent and promoting from within. Recently, nine employees were promoted to Principal, which demonstrates the company’s commitment to see its own people thrive.

4.What do you anticipate for your company in five years? What do you anticipate for San Diego?

I couldn’t be more excited for the future of Voit in San Diego. We just finished our best year ever and our own Randy LaChance was Voit’s top producer companywide for 2015. Our new broker-owned business model makes Voit an even better place for real estate professionals to work. We are also committed to hiring recent college graduates who will help us expand our presence throughout the region. Plans are also underway to open an office in North County so we can provide better service to our customers and attract new brokers to join our team.

San Diego’s future is as bright as I see our own. Activity from the border to Oceanside is up, and our healthy job market will keep the economy in growth mode for the foreseeable future. If there’s a problem in San Diego, it’s the shortage of land to build more commercial properties. Space will get harder to find and be more expensive to lease or buy looking ahead. So, growing businesses will have to find new ways to use space more efficiently. If that can be done anywhere, it will be done in San Diego, as this is a place the best and brightest like to call home.