BLT Enterprises Expands San Diego Industrial Footprint
ByBLT Enterprises has purchased a 60,000-square-foot industrial building in the North San Diego submarket of Carlsbad, Calif., for $9 million. Ron Jacobson of SD Realty Partners represented BLT Enterprises and David Steffy of Palomar Commercial worked on behalf of the seller, El Cedro LLC, which leased back the entire property for three years.
Located at 5940 Darwin Court in the Carlsbad Research Center, with easy access to Interstate 5 and Route 78, the property is adjacent to McClellan-Palomar Airport. The asset features 26-foot warehouse clear heights, 10 by 10-foot truck well loading doors, 12 by 12-foot ground-level doors, 180 parking spaces and a secured, gated loading area. BLT plans to make significant improvements to the property, which comprises a two-story lobby with a mix of private and open-area offices…
