August 11, 2016 Comments Off on BLT Enterprises Expands San Diego Portfolio Views: 405 California, California News, San Diego, West

BLT Enterprises Expands San Diego Portfolio

Santa Monica, CA-based BLT Enterprises acquired Sorrento Tech III, a 30,000 square-foot flex building in San Diego from San Diego-based Pac Ventures for more than $6 million. The property is located adjacent to Sorrento Tech II, a two-building office and R&D campus that BLT Enterprises acquired earlier this year.

Sorrento Tech III is located in the Sorrento Mesa submarket at 10070 Barnes Canyon Rd, and is 33% leased.

The addition brings BLT’s holdings to nearly 100,000 square feet within the business park, where it plans capital improvements to create a more campus-style setting for tenants.

Madison Partners’ Ron Jacobson represented BLT in the transaction, while Cushman and Wakefield’s Brian Starck and Dave Odmark represented the seller.

Connect with Madison Partners’ Jacobson

Connect with Cushman and Wakefield’s Starck

For comments, questions or concerns, please contact Dennis Kaiser

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