CORFAC News

COSTA MESA, Calif., (JANUARY 12, 2010) – Voit Real Estate Services/CORFAC International has successfully completed the 15-year lease of a 59,260 square-foot retail property located in the Triangle Square shopping center.Keith Kropfl of Voit Real Estate Services’ Irvine office represented the tenant, 24 Hour Fitness.  “We were successful in locating a property for our client at the busiest intersection in Orange County,” explained Kropfl, Senior Vice President of Voit’s Irvine office. “More than 122,000 cars pass the intersection of Newport Boulevard and 19^th Street in Costa Mesa on a daily basis, making this the ideal location for 24 Hour Fitness to connect with consumers and expand its business.”The property is located at 1870 Harbor Boulevard in Costa Mesa, Calif. within the Triangle Square shopping center. Neighboring tenants include Yard House, Sutra Lounge, and Triangle Square Cinemas.The landlord, TSQ Venture Partners/Greenlaw Partners, was represented by John Romm of Commercial West Brokerage.Voit Real Estate Services is now a 10 office commercial real estate firm that through its brokerage and asset services professionals working together provides strategic property solutions scaled to clients’ needs. Combining 39 years of expertise in property management, investment advisory, financial analysis, market research, asset management, tenant advisory and brokerage services, Voit provides clients with forward looking strategies that create value for their assets and portfolios.

Voit is a privately held, debt-free firm that has successfully navigated numerous market cycles since 1971, and currently employs more than 200 people. Voit has owned, developed and managed over 45 million square feet of commercial real estate, participated in $1.3 billion of construction projects and completed over $32 billion in brokerage transaction volume. Further information is available at www.voitco.com