{"id":1004210917,"date":"2018-03-21T04:56:25","date_gmt":"2018-03-21T12:56:25","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004210917"},"modified":"2022-12-08T18:35:48","modified_gmt":"2022-12-09T02:35:48","slug":"blt-to-convert-2-socal-properties-into-creative-offices","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/blt-to-convert-2-socal-properties-into-creative-offices\/","title":{"rendered":"BLT Converts 2 SoCal Properties Into Creative Offices"},"content":{"rendered":"<p>By Alex Ciorogar<\/p>\n<div id=\"attachment_1004210918\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/1941-Pontius-Ave..jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004210918\" data-attachment-id=\"1004210918\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/blt-to-convert-2-socal-properties-into-creative-offices\/1941-pontius-ave\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/1941-Pontius-Ave..jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;1.8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;iPhone 7 Plus&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1520435246&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;3.99&quot;,&quot;iso&quot;:&quot;20&quot;,&quot;shutter_speed&quot;:&quot;0.0083333333333333&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"1941 Pontius Ave.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;1941 Pontius Ave.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/1941-Pontius-Ave..jpg?w=800\" loading=\"lazy\" class=\"wp-image-1004210918 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/1941-Pontius-Ave..jpg\" alt=\"1941 Pontius Ave.\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/1941-Pontius-Ave..jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/1941-Pontius-Ave..jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/1941-Pontius-Ave..jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004210918\" class=\"wp-caption-text\">1941 Pontius Ave.<\/p><\/div>\n<p>BLT Enterprises\u00a0has redesiged two SoCal properties into creative-office spaces. The first asset is a\u00a04,680-square-foot music studio located at 1941 Pontius Ave., in Los Angeles. The repositioning includes state-of-the-art upgrades, such as exposed ceilings with new skylights, a new kitchen, custom steel doors and windows, as well as a refinished stucco and wood siding exterior. The office space\u00a0now also has\u00a0new restrooms, ADA compliant parking, ramps and secured gates.<\/p>\n<p>According to BLT Enterprises, the submarket features a low office vacancy rate of roughly 12 percent. Retail, fitness and entertainment options are all located nearby. Interstate 405 is also easily accessible from the property.<\/p>\n<p><em>\u201cCreative office product is in high demand in Southern California markets and newly renovated space in this niche can deliver tremendous long-term value,\u201d<\/em> said Bernard Huberman, founder &amp; CEO of BLT Enterprises, in a prepared statement. <em>\u201cBy converting these two assets into creative space, we are leveraging current economic and job growth in both markets and bringing new product that is craved by companies in various sectors, including tech, health care, real estate and marketing.\u201d<\/em><\/p>\n<div id=\"attachment_1004210919\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/10070-Barnes-Canyon-Road.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004210919\" data-attachment-id=\"1004210919\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/blt-to-convert-2-socal-properties-into-creative-offices\/10070-barnes-canyon-road\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/10070-Barnes-Canyon-Road.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;2.2&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;iPhone 6&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1519808328&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;4.15&quot;,&quot;iso&quot;:&quot;32&quot;,&quot;shutter_speed&quot;:&quot;0.025&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"10070 Barnes Canyon Road\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;10070 Barnes Canyon Road&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/10070-Barnes-Canyon-Road.jpg?w=800\" loading=\"lazy\" class=\"wp-image-1004210919 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/10070-Barnes-Canyon-Road.jpg\" alt=\"10070 Barnes Canyon Road\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/10070-Barnes-Canyon-Road.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/10070-Barnes-Canyon-Road.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/10070-Barnes-Canyon-Road.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004210919\" class=\"wp-caption-text\">10070 Barnes Canyon Road<\/p><\/div>\n<p>The firm has also transformed a 6,500-square-foot industrial space located at 10070 Barnes Canyon Road in the Sorrento Valley submarket of San Diego into a creative office space. The property features an open floor plan with three executive offices, a large conference room, an upgraded kitchen and outdoor patio.<\/p>\n<p><em>\u201cNew projects and renovated buildings are driving most of the demand for creative <a href=\"https:\/\/www.commercialsearch.com\/news\/irvine-buys-san-diego-office-for-105m\/\">office space in San Diego<\/a>,\u201d<\/em> added Huberman. <em>\u201cAverage asking rents have steadily increased since 2013. Based on our expertise in the market, we believe this renovated space will offer a prime opportunity for potential tenants in a rapid-growth office market.\u201d<\/em><\/p>\n<p><em>Photos courtesy of BLT Enterprises<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The firm&#8217;s major renovation plans for a 6,500-square-foot industrial building and a 4,680-square-foot music studio include exterior and interior upgrades. <\/p>\n","protected":false},"author":928,"featured_media":1004210918,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,21783,1594,21742,21747,1608,15],"tags":[35361],"class_list":["post-1004210917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-investment","category-los-angeles","category-latest","category-office","category-san-diego","category-west","tag-blt-enterprises"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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