Sale of 7 SoCal properties for $130 million shows demand for office, industrial still strong
September 14, 2022
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.