The $35-million Voit Brea Business Park is rising on a 30-acre parcel located north of Lambert Road off Berry Street. At build-out, it will consist of 16 buildings ranging between 13,000 sf and 50,000 sf. Four of the 16 planned facilities are in escrow and two additional buildings are out for signature.

"In addition to the buildings in escrow and ready for signature, we have several offers on the remaining buildings from many local companies," says Mitch Zehner of Voit Commercial Brokerage's Anaheim Metro office. Zehner, along with colleague Louis Tomaselli, are the property's excusive marketing agents.

Voit officials expect to complete the first building by June 2002 and have slated a February 2003 completion for the last facility. They anticipate that most of the buyers will be manufacturing, warehouse and R&D users, Zehner says. "The driving force is the economic cost benefit of owning versus renting with today's interest rates," he adds.