VOIT REAL ESTATE SERVICES APPOINTS DONALD MORROW AS MANAGING DIRECTOR OF ITS PHOENIX OFFICE

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Phoenix, AZ – March 21, 2012 – (RealEstateRama) — As part of an ongoing initiative to ensure

the continued strength of its regional leadership team, Voit Real Estate Services has appointed Donald Morrow as Managing Director of the firm’s Phoenix operations, according to Robert D. Voit, Chief Executive Officer of Voit Real Estate Services.

“Over the past year, Voit’s Phoenix office has more than doubled the size of its brokerage to meet the increasing demand of new assignments,” said Voit. “The addition of Don will enable us to continue to produce real solutions for our clients, while further integrating our brokerage and asset services platforms in order to meet the needs of real estate owners, operators, buyers and tenants in the Phoenix market.”

In his new role, Morrow will oversee all aspects of Voit’s operations in the Phoenix market, including brokerage, asset and property management.

“Voit’s expansive growth over the past two years is a testament to its strength in navigating market cycles,” commented Morrow. “I look forward to building on this momentum and growing the Voit team’s Phoenix presence by adding to the already strong group of professionals. The growth of the office will be carefully undertaken to preserve the strong team atmosphere and chemistry that currently exists.”

Prior to joining Voit, Morrow served as a partner at Biltmore Holdings and will bring this owner’s perspective to providing integrated real estate services that build value. In this role, he was responsible for the creation and execution of business plans; and acquisition and disposition activities, among other things.

Between 1977 and 2007, Morrow served in increasing positions of responsibility at Grubb & Ellis. He began his career as an investment sales specialist in the industrial, office and retail markets, and later worked in a variety of capacities including Managing Director for both the Phoenix and San Diego markets. In addition, Morrow served as Western Regional President for the firm, where he oversaw operations for 22 Grubb & Ellis offices. Morrow completed his tenure with Grubb & Ellis as a Managing Principal/Partner in the company’s Phoenix office.

Donald Morrow earned his degree in Business Administration from Arizona State University. He has served on the Board of Directors for the Urban Land Institute (ULI), and is a member of the Strategic Planning Committee for Greater Phoenix Economic Council (GPEC), as well as the National Association of Industrial and Office Properties (NAIOP).

About Voit Real Estate Services

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 tailored to clients’ needs. Combining 40 years of expertise in brokerage, investment advisory, financial analysis, market research, asset management, tenant advisory and property management 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 250 people. Voit has owned, developed and managed over 50 million square feet of commercial real estate, participated in $1.4 billion of construction projects and completed over $36 billion in brokerage transaction volume. Further information is available at www.voitco.com.

Contact:

Judith Brower/Jenn Quader
Brower, Miller & Cole
(949) 955-7940
JQuader (at) browermillercole (dot) com

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