Sale of 7 SoCal properties for $130 million shows demand for office, industrial still strong
October 26, 2022
September 14, 2022
L.A. Business First
Demand for creative office and industrial space remains strong throughout Southern California, especially with return-to-office initiatives in full swing as summer ends.
BLT Enterprises is expanding its footprint in Southern California after acquiring seven industrial and creative office properties in a $130 million deal.
The Santa Monica-based real estate investment firm purchased the assets — located in Los Angeles County, Orange County and San Diego County — last month. The acquisitions total nearly 270,000 square feet of buildings on more than 18 acres of land.