Vacancy Rate DOWN 2.15% 2.28% 2.19% (1.83%) Availability Rate UP 4.61% 4.60% 3.69% 24.93% Average Asking Lease Rate UP $0.85 $0.84 $

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1 OC1Q18 First Quarter 218 MARKET REPORT Orange County Industrial MARKET OVERVIEW. As we head into the second quarter 218, the Orange County industrial market is exhibiting many characteristics similar to 217, most notably a continued decrease in vacancy and a subsequent increase in net occupancy, which are contributing to an increase in asking lease rates. We will continue to see limited opportunities for new development with land and sale prices remaining high. The demand for industrial space in this limited market continues to grow. Competition is fierce among companies in search landing a sizable footprint, as available inventory remains lower than in neighboring Inland Empire and Los Angeles, which can both accommodate a growing industrial presence. Investors continue to target Orange County industrial properties, ten with the purpose redevelopment. 7% % VACANCY VS. AVERAGE ASKING LEASE RATE $.8 $1. $.9 $.7 $.6 VACANCY. Direct / sublease space (unoccupied) finished the quarter at 2.1%, one the lowest figures seen since the fourth quarter 216 (2.1) and a decrease 1.8 when compared to the first quarter 217. Expect vacancy rates to stay low as the limited and shrinking inventory quality buildings is quickly absorbed by a motivated pool tenants. Finding availabilities will continue to be a significant hurdle for tenants in 218 and reaction time will be critical. Off-market deals will become the norm and any form concessions being fered to tenants by landlords will be severely limited in this competitive market. LEASE RATES. The average asking lease rate throughout Orange County is $.8 NNN per square foot per month, a one cent per square foot increase from last quarter and an eight cent per square foot increase from a year ago (1.39% annual increase). As tenant demand remains consistent and interest rates rise, making purchasing less attractive to many business owners, expect even more upward pressure on lease rates throughout 218. SALE PRICES. The Orange County industrial market s average asking price at the end the first quarter 218 came in at $266.6 per square foot (average price tracks 1, square foot buildings and larger). While sale prices vary greatly depending on the size the building and an average sale price doesn t tell the entire story, this represents an increase nearly 8.7 from the first quarter 217. As interest rates move up we expect to see more modest levels appreciation in 218. TRANSACTION ACTIVITY. The lack availability the large floor plates typical in Los Angeles and Inland Empire makes it difficult to retain large tenants interested in expanding and to secure firms looking to acquire a significant footprint. Businesses ten settle with renewing existing leases while they wait for larger spaces to become available. Tenants may begin spreading out their operations to other markets that can accommodate their growth or restructuring, without the sticker shock high rents. Orange County industrial users, particularly specialized manufacturers and distributors, have been expanding rather rapidly over the past 24 months despite an inventory shortage. The overall lack available inventory has finally taken its toll on transaction volume (sales and leases) as gross activity dropped in the first quarter to 3.4 million square feet, down from 4.2 million square feet in the previous quarter. AVAILABILITY. The availability rate, or ratio available space (being marketed) to total rentable area in the region, came in at 4.6, a 92 basis point drop from a year ago. The five year average in Orange County is %, so recent compression would indicate a further increase in lease rates will be following. % YTD SF Millions TRANSACTION VOLUME & VACANCY: Total Space Divided by Total Existing Inventory AVERAGE ASKING LEASE RATE: NNN / SF / Month 2.1% YTD SALES LEASES 314 Market Statistics $.4 $.3 $.1 $. 2,2 2, 1,7 1, 1,2 1, 7 2 Change Over Last Quarter 1Q 218 4Q 217 1Q 217 % Change Over Last Year DOWN 2.1% 2.28% 2.19% (1.8) UP % 24.9 Lease UP $.8 $.84 $ % Sale Price UP $266.6 $ $ Sale & Lease Transactions DOWN 3,42,762 4,226,19,38,426 (36.3) UP 3,1,246 2,921,18 2,23, POSITIVE 14,949 37,719 (92,699) N/A

2 LEASE RATES. Anticipate asking rents to increase by a minimum to reach a level $.88 per square foot by the end 218. Forecast VACANCY. With limited new product coming online and tenants electing to recommit or to renew in larger blocks space, expect vacancy rates to remain below 2. well into 218. OVERALL. Still a huge delta in industrial rents in the infill markets vs. the Inland Empire ($.8 per square foot vs $.9 per square foot in some cases), but transportation costs are a huge factor. If a firm s inventory turns over quickly, this requires that the originating location be in close proximity to end-point delivery or the drayage negates any rent savings. Many firms struggle to move east as well for fear losing key employees and not having the qualified labor pool available to replace them. Infill industrial land is above $ per square foot in some markets and that number can easily reach $6 $7 per square foot in the next 12 months. The land residual can rise as rents grow, but longer development timeframes and rising construction costs are negatively impacting yields, making many developers more cautious. CONSTRUCTION. Total space under construction checked in at 793,138 square feet at the end 217. Even though the market is craving new product, Orange County is short on industrial land. The most notable new construction is the redevelopment the former Beckman Coulter Campus in Fullerton (Western Realco). Expected delivery is third quarter 218 and initial interest across all size ranges has been strong. There are also smaller projects 1 acres still in the planning phases in Brea, Anaheim and Placentia. With limited infill parcels now approaching $ per square foot in some cases, do not expect any significant new construction in the coming quarters. Even though the market is craving new, Class A product, there is simply an inadequate amount available land for industrial development. ABSORPTION. The Orange County industrial market posted 14,949 square feet positive net absorption for the first quarter 218, giving the industrial market 1.9 million square feet positive absorption since the first quarter 216 (9 consecutive quarters). Limited supply and strong demand are ingredients that continue to fuel rent growth in Orange County. SF Millions NEW DELIVERIES & NET ABSORPTION VS. AVAILABILITY RATE YTD NEW DELIVERIES: New Construction Delivered to the Market % % % -1-1% NET ABSORPTION: Changes in the Amount Occupied Space from One Quarter to the Next AVAILABILITY: Total Amount Space that is whether Occupied, for Sublease, or at a Future Date Significant Transactions Sales * Voit Real Estate Services Deal Property Address Submarket Sale Price Buyer Seller 1 E Dyer Rd. Santa Ana 414,38 $4,8, MDD Partners, LP 1 Dyer Property Owner, LLC 41 N. Palm Fullerton 181,69 $32,92,42 Independent Trading Company Western Realco / AEW Gillette Ave. Irvine 127,49 $28,, Intracorp Companies Greenlaw Partners 3142 Avenida De La Banderas Rancho Santa Margarita 88,672 $16,, Applied Medical Car Sound Exhaust 631 Orangethorpe Ave. Buena Park 1, $3,11, Natureware, Inc. * Ham Family Trust * Leases * Voit Real Estate Services Deal Property Address Submarket Transaction Date Tenant Owner Western Ave. Garden Grove 27,93 Oct-217 Southland Industries Rexford Industrial-Western * 176 W. Penhall Way Anaheim 128,372 Dec-217 Legacy Farms The Carson Companies 12 Valencia Ave. Tustin 12, Dec-217 B Braun Medical, LLC GLP US Management, LLP 69 Darin Way Sublease Cypress 63,792 Nov-217 Natureware, Inc. * Sika Corporation 337 Freedom Ave. Orange 49,1 Oct-217 SecurityBase.com Mission Plaza Properties * VOIT REAL ESTATE SERVICES 2

3 1Q218 1Q218 Lease 1Q Q Airport Area Costa Mesa 42 7,73,677 1, , ,21 8.9% $.94 $ ,74 4,74 79,123 79,123 Fountain Valley 186 3,86,669 73,2 16, , % $.91 $. 23,86 23,86 37,777 37,777 Irvine 39 11,849,471 47, , % $.76 $ ,641 24, , ,287 Newport Beach 49 87,67 24, , $. $. (6,66) (6,66) 2,434 2,434 Santa Ana 1,72 29,8,931 27, , ,234, $.84 $ ,812 12,812 39,84 39,84 Tustin 11 4,49,648 19, % 213, % $.79 $2.9 (74,328) (74,328) 166, ,828 Airport Area Total 2,66 8,177,963 71,167 1,92, ,16,2.4 $.82 $ (14,831) (14,831) 821,33 821,33 North County Anaheim 1,831 44,8,24 3, % 1,21, % $.84 $ ,18 138,18 36,76 36,76 Brea 33 12,12,763 22, , $1. $ ,483 32,483 26,29 26,29 Buena Park ,43,64 96, ,81, $.82 $ ,3 1,3 39,44 39,44 Fullerton ,262,7 793, ,71.7% 34, % $.79 $ ,182 69, ,97 318,97 La Habra 198 3,493,12 42, 23, ,11.7 $. $ ,46 13,46 14,411 14,411 Orange ,663,37 289, , $.99 $ ,41 21,41 139,18 139,18 Placentia 219 4,94,74 4, , $. $ ,82 33,82 2,66 2,66 Yorba Linda 2 992,941 1, % 162, $. $28. 8,24 8,24 11,472 11,472 North County Total 4,43 11,889, ,138 42, 1,372, ,263, $.83 $ ,86 327,86 1,48,271 1,48,271 South County Aliso Viejo ,132.%.% $. $. 19,68 19,68 Foothill Ranch 68 3,1, , ,392.4 $.77 $. 86,299 86,299 17,733 17,733 Irvine Spectrum 26 9,77,27 433, , $.98 $342.8 (4,893) (4,893) 6,322 6,322 Laguna Beach 19 91,3 1, , $. $. Laguna Hills 73 1,4,287 12, , $1.3 $319.4 (2,164) (2,164) 42,369 42,369 Laguna Niguel ,9.%.% $. $. Lake Forest 188 4,93,823 87,88 2.1% 116, $1.26 $ ,169 3,169 79,473 79,473 Mission Viejo 3 462,48 1, , $. $. (1,393) (1,393) 3,699 3,699 Rancho Santa Margarita 12 1,632,41.% 17, $. $3.32 1,786 1,786 San Clemente 17 1,977,4 37, , $1. $ ,73 34,73 San Juan Capistrano ,63 27,61 2.9% 32, $1.22 $. (14,2) (14,2) 2,162 2,162 South County Total ,487,621 71,23 3.7% 1,266,796.17% $.97 $32.1 8,918 8, ,99 442,99 West County Cypress 99 4,262, , , % $.8 $ (4,) (4,) 22,83 22,83 Garden Grove ,14,43 378,83 3.1% 2, $.76 $ ,346 38, ,11 219,11 Huntington Beach ,484,11 97,46 4,68 2.8% 48, $. $ ,229 33, ,26 431,26 La Palma 16 1,78,2 7, ,3 33.9% $. $. 73,298 73, , 131, Los Alamitos 9 2,346,33 3,.1 11,1.47% $. $. 8,8 8,8 14,63 14,63 Seal Beach 1 991,63.%.% $. $. Stanton 176 1,837,468 14,381.78% 64,87 3. $.6 $. (7,12) (7,12) 8,9 8,9 Westminster 138 2,314,23 1,74.8% 27, % $. $. 1,8 1,8 1,8 1,8 West County Total 1,696 4,3,989 97,46 974, ,8,386. $.79 $ ,6 143,6 828, ,713 Orange County Total 9, ,86, ,138 84,627,17, % 1,766, $.8 $ ,949 14,949 3,1,246 3,1,246 Less than 9,999 3,298 2,9,979 34, % 463, $1.32 $ (32,419) (32,419) 227,31 227,31 1,-19,999 3,137 43,31,3 926, ,162,2 2.68% $1.13 $2.13 (278,649) (278,649) 422, ,366 2,-29,999 1,181 28,11, , % 743,12 2. $.99 $ ,318 12, , ,821 3,-39, ,632,961 73,2 244, % 38, $.88 $ ,89 92,89 22,862 22,862 4,-49, ,79,273 87,62 139,46 23, % 66, $.83 $28.63 (113,28) (113,28) 133, ,249,-74, ,371, 2,673.9% 67, $.8 $ , ,332 46,736 46,736 7,-99, ,8,22 78,23 37, % 493,28 3. $.8 $19.8 (31,14) (31,14) 16,92 16,92 1,-199, ,832,639 1,322 1, , ,6, $.81 $18. 23,97 23,97 89,472 89,472 2, Plus ,18,466 21,641 27,691 1,86, ,67, % $.78 $. 443, , , ,333 Orange County Total 9, ,86, ,138 84,627,17, % 1,766, $.8 $ ,949 14,949 3,1,246 3,1,246 Lease rates are on a triple-net basis. VOIT REAL ESTATE SERVICES 3

4 NORTH ORANGE COUNTY In the first quarter 218, the North Orange County industrial market consisted 4,43 buildings totaling 11,889,746 square feet and had an availability rate 3.8, which shows an increase from the previous quarter s figure 3.1. VACANCY & AVAILABILITY RATE NET ABSORPTION % 6, 3.8, 4, 3, 2, 1, 1.2 % 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18-1, 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 VACANCY: Total Space Divided by Total Existing Inventory AVAILABILITY: Total Amount Space that is whether Occupied, for Sublease, or at a Future Date NET ABSORPTION: Change in the Amount Occupied Space from One Quarter to the Next LEASE TRANSACTIONS SALES TRANSACTIONS 3,, 1 2,, 8 2,, 12 1,7, 7 1,, 6 2,, ,2, 1,, 7 1,, 4 1,, 7, 21 3, 2, 2 2, 1 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 LEASED: Total Amount Space that Leased in a Quarter INVESTMENT SALES USER SALES North Totals 1Q218 1Q218 Lease 1Q Q Less than 9,999 1,321 8,369,989 16, ,1 2.9 $. $ (6,1) (6,1) 68,6 68,6 1,-19,999 1,398 19,32,37 413, , $.92 $24.29 (138,821) (138,821) 144,49 144,49 2,-29, ,284,72 177, , $.93 $ ,636 93, , ,623 3,-39, ,671,197 16, , % $.8 $ ,712 13,712 96,479 96,479 4,-49, ,838,264 87,62 42, 2,32.9% 198, % $. $. 43,833 43,833 61,967 61,967,-74, ,48,618 97,2.9 67,46.6 $.8 $. 138, , ,24 297,24 7,-99, ,139,628 78,23 17, % 27,11 4. $. $163.99,26,26 78,72 78,72 1,-199, ,37,282 1,322 27, , $.79 $. 231,43 231,43 168,1 168,1 2, plus 66 23,18,19 21, ,679.48% 2,11, % $.82 $. 34,239 34,239 Total 4,43 11,889, ,138 42, 1,372, ,263, $.83 $ ,86 327,86 1,48,271 1,48,271 VOIT REAL ESTATE SERVICES 4

5 WEST ORANGE COUNTY In the first quarter 218, the West Orange County industrial market consisted 1,696 buildings totaling 4,3,989 square feet and had an availability rate., which shows an increase from the previous quarter s figure 4.9. VACANCY & AVAILABILITY RATE NET ABSORPTION 8% 7%, 4, % , 2, 1, -1, -2, -3, % 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18-4, VACANCY: Total Space Divided by Total Existing Inventory AVAILABILITY: Total Amount Space that is whether Occupied, for Sublease, or at a Future Date NET ABSORPTION: Change in the Amount Occupied Space from One Quarter to the Next LEASE TRANSACTIONS SALES TRANSACTIONS 1,2, 6 4, 24 1,, 3, , 18 8, 4 2, 1 6, 3 2, 12 4, 2 1, 9 1, 6 2, 1, 3 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 LEASED: Total Amount Space that Leased in a Quarter INVESTMENT SALES USER SALES West Totals 1Q218 1Q218 Lease 1Q Q218 Less than 9, ,87,918 4, , % $1.1 $22.9 1,241 1,241 27,13 27,13 1,-19, ,41,9 147, % 188,7 2. $. $ (72,898) (72,898) 43,26 43,26 2,-29, ,328,246 1, ,7 1.38% $. $ ,44 1,44 79,316 79,316 3,-39, ,27,746 11, , % $. $19. 21,63 21,63 28,63 28,63 4,-49, ,221,147 97,46 1, , $.8 $177.7 (1,84) (1,84) 71,282 71,282,-74, ,473,41 91, ,2 7.2 $.76 $14. (83,648) (83,648) 9,117 9,117 7,-99, ,93,87.% 8,1.3 $. $. 22,83 22,83 1,-199,999 4,391, , , $.77 $. (2,226) (2,226) 111, ,341 2, plus 23 8,32, , % 1,72, % $. $. 379,73 379,73 38,478 38, Total 1,696 4,3,989 97,46 974, ,8,386. $.79 $ ,6 143,6 828, ,713 VOIT REAL ESTATE SERVICES

6 AIRPORT AREA In the first quarter 218, the Airport Orange County industrial market consisted 2,66 buildings totaling 8,177,963 square feet and had an availability rate.4, which shows a decrease from previous quarter s figure 6.2. VACANCY & AVAILABILITY RATE NET ABSORPTION 7%.4 4, 3, 2, % 1, 3. -1, -2, -3, -4, -, % 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18-6, VACANCY: Total Space Divided by Total Existing Inventory AVAILABILITY: Total Amount Space that is whether Occupied, for Sublease, or at a Future Date NET ABSORPTION: Change in the Amount Occupied Space from One Quarter to the Next LEASE TRANSACTIONS SALES TRANSACTIONS 1,2, 12 1,, 4 87, 3 1,, , 3 8, 8 62,, , 6 32, 1 2, 1 4, 4 12, 2, 2-12, - 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18-2, -1 LEASED: Total Amount Space that Leased in a Quarter INVESTMENT SALES USER SALES Airport Totals 1Q218 1Q218 Lease 1Q Q218 Less than 9, ,378,83 82, , % $1.64 $ ,739 38,739 87, 87, 1,-19, ,66, , ,49 2. $.99 $2.8 (7,338) (7,338) 147,4 147,4 2,-29, ,33,7 13, , % $.7 $ ,117 18, , ,823 3,-39,999 12,17,117 73,2 3,823 1., % $1. $ ,466 63, ,73 127,73 4,-49, ,726,4 72, % 169,3 4.% $.79 $ (72,828) (72,828),-74, ,32,94 11,419.18% 264, % $.94 $188.3 (4,986) (4,986) 21,626 21,626 7,-99, ,26,76 93, , $. $19.8 (9,66) (9,66) 9, 9, 1,-199,999 6,97,473 1,276 29, , $.82 $18. 17,66 17,66 291,42 291,42 2, plus 18,43,41 27,691 1,1, 18.9% 1,7, % $.7 $. 9,999 9,999 1, 1, 218 Total 2,66 8,177,963 71,167 1,92, ,16,2.4 $.82 $ (14,831) (14,831) 821,33 821,33 VOIT REAL ESTATE SERVICES 6

7 SOUTH ORANGE COUNTY In the first quarter 218, the South Orange County industrial market consisted 924 buildings totaling 24,487,621 square feet and had an availability rate.17%, which shows a decrease from the previous quarter s figure 6.9. VACANCY & AVAILABILITY RATE NET ABSORPTION 9% 8% 7% 3, 2, %.17% 3.7% 1, -1, - 2, % 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18-3, VACANCY: Total Space Divided by Total Existing Inventory AVAILABILITY: Total Amount Space that is whether Occupied, for Sublease, or at a Future Date NET ABSORPTION: Change in the Amount Occupied Space from One Quarter to the Next LEASE TRANSACTIONS SALES TRANSACTIONS,, 2 4, 3 4 4, 16 3, 3 3, , 2 2, 8 1, 1 1, 4 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 LEASED: Total Amount Space that Leased in a Quarter INVESTMENT SALES USER SALES South Totals 1Q218 1Q218 Lease 1Q Q218 Less than 9, ,173,489 1, , $1.2 $ (12,299) (12,299) 44,241 44,241 1,-19, ,932,97 84, , $1.37 $ ,48 8,48 87,116 87,116 2,-29, ,136,124 11, , % $1.2 $ (1,479) (1,479) 9,9 9,9 3,-39, ,96,91 18, % 41, $1.1 $3. (6,219) (6,219) 4,-49, ,293,47 8, , $1.2 $. (32,373) (32,373),-74, ,46, , % $. $ ,219 78,219 78,73 78,73 7,-99, ,118, , % 111, % $.8 $. (26,7) (26,7) 4,19 4,19 1,-199, ,946,648 24, ,32 7. $1.1 $. 6,98 6,98 18,984 18,984 2, plus 16,243,882 7, , % $.92 $. 3,381 3,381 78,616 78, Total ,487,621 71,23 3.7% 1,266,796.17% $.97 $32.1 8,918 8, ,99 442,99 VOIT REAL ESTATE SERVICES 7

8 OC1Q18 First Quarter 218 MARKET REPORT Orange County Industrial OC Industrial Market Remains Top Investor Choice by John Viscounty ASSOCIATE, IRVINE Lic. #22891 The New Year continued to break records in the industrial investment market. Industrial real estate was and is the hottest asset class in the region. Cap rates reached all-time lows for highly desirable buildings. Evidenced by low cap rates, the combination short supply and constantly increasing demand has led investors to pay top dollar for these investments. E-commerce and other distribution-related users continue to buy and lease more space giving investors the confidence to stretch their budgets. Cap rates have remained low and steady due to several economic factors. First, investors are chasing returns in an asset class they are confident is stable. Bond yields remain too low and stock returns, although high, possess risk as they continue their unprecedented run. This has left real estate as the asset class choice. Low vacancy and high rental rates have given investors the reassurance to load their portfolios with more real estate. Interest rates, although rising, remain low enough to keep lending momentum moving forward. Over the next few months we predict more the same. However, as interest rates start to creep up, cap rates will naturally begin their slow rise. Further, as markets continue to set records, look for warning signs investors believing it may be too good to be true. Any rattle in the stock or bond market may have ramifications to the real estate market. For now, with low cap rates, investors looking to sell should take advantage these exceptional times. Product Type MFG./DIST. Manufacturing / Distribution / Warehouse facilities with up to 29.9% fice space. Submarkets 6 West Orange 4 County North Orange County 22 NORTH Anaheim, Brea, Buena Park, Fullerton, La Habra, Orange, Placentia and Yorba Linda 91 Airport Area 7 7 John Wayne Airport 1 73 South Orange County WEST Cypress, Garden Grove, Huntington Beach, La Palma, Los Alamitos, Seal Beach, Stanton and Westminster AIRPORT Costa Mesa, Fountain Valley, Irvine, Newport Beach, Santa Ana and Tustin Please Contact Us for Further Information SOUTH Aliso Viejo, Foothill Ranch, Irvine Spectrum, Laguna Hills, Laguna Niguel, Lake Forest, Mission Viejo, Rancho Santa Margarita, San Clemente and San Juan Capistrano Tony Tran Regional Director Research ttran@voitco.com Anaheim, CA Carlsbad, CA Inland Empire, CA Irvine, CA Los Angeles, CA San Diego, CA This survey consists properties representing both single tenant and multi-tenant buildings. The lease rates are based on a triplenet basis. The information contained in this report is gathered from sources that are deemed reliable, but no guarantees are made as to its accuracy. This information is for Voit Real Estate Services use only and cannot legally be reproduced without prior written consent from the management Voit Real Estate Services. 218 Voit Real Estate Services, Inc. License # Represented in 1 Markets Nationally & Internationally.