{"id":1004216019,"date":"2018-04-03T07:52:03","date_gmt":"2018-04-03T15:52:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004216019"},"modified":"2022-12-08T21:48:50","modified_gmt":"2022-12-09T05:48:50","slug":"blt-enterprises-acquires-ca-industrial-property","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/blt-enterprises-acquires-ca-industrial-property\/","title":{"rendered":"BLT Enterprises Acquires CA Industrial Property"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004216073\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/61-111-2819-Loker-Ave-Carlsbad.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004216073\" data-attachment-id=\"1004216073\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/blt-enterprises-acquires-ca-industrial-property\/61-111-2819-loker-ave-carlsbad\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/61-111-2819-Loker-Ave-Carlsbad.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"(61-111) 2819 Loker Ave Carlsbad\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;2819 Loker Ave., Carlsbad, Calif.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/61-111-2819-Loker-Ave-Carlsbad.jpg?w=800\" class=\"wp-image-1004216073 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/61-111-2819-Loker-Ave-Carlsbad.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/61-111-2819-Loker-Ave-Carlsbad.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/61-111-2819-Loker-Ave-Carlsbad.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/61-111-2819-Loker-Ave-Carlsbad.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004216073\" class=\"wp-caption-text\">2819 Loker Ave., Carlsbad, Calif.<\/p><\/div>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/blt-to-convert-2-socal-properties-into-creative-offices\/\">BLT Enterprises<\/a> has acquired an industrial facility in San Diego&#8217;s submarket of Carlsbad, Calif., for $38.3 million. The property is currently fully leased to a golf equipment and apparel manufacturer,\u00a0which recently renewed its full-building lease for 10 years.<\/p>\n<p>Located at\u00a02819 Loker Ave., the facility comprises 166,310 square feet.\u00a0Ron Jacobson of SD Realty Partners represented the buyer, while Aric Starck of Cushman &amp; Wakefield\u2019s San Diego office represented the seller, HGREIT II 2819 LOKER LP.<\/p>\n<p><em>\u201cThis was a rare opportunity to invest in a Class A industrial property with a major credit tenant in place, representing a tremendous long-term value proposition,\u201d<\/em> said Bernard Huberman, founder &amp; CEO of BLT Enterprises, in prepared remarks. <em>\u201cThe acquisition is well-aligned with our ongoing platform, which is to make strategic investments that deliver value over long hold periods.\u201d<\/em><\/p>\n<p><i>Image courtesy of BLT Enterprises\u00a0<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SD Realty Partners represented the buyer in its purchase of the 166,310-square-foot facility in Carlsbad, which is fully leased to a golf equipment and apparel manufacturer. <\/p>\n","protected":false},"author":746,"featured_media":1004216073,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21742,1608,15],"tags":[35361,32799,35358],"class_list":["post-1004216019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-latest","category-san-diego","category-west","tag-blt-enterprises","tag-cushman-wakefield","tag-sd-realty-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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