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| Two-story office asset located at 2100 South. State College Boulevard in the heart of Anaheim’s coveted Platinum Triangle |
Anaheim, CA – BLT Enterprises,
a multi-faceted real estate investment company based in Santa Monica, California,
has sold a two-story office asset located in the heart of Anaheim’s
coveted Platinum Triangle.
The sale of the asset presents a rare opportunity for
an owner-user to occupy a space in the Anaheim submarket, where most buildings
are only available for lease.
“Similar to other commercial real estate asset classes,
today’s office sector is more user-focused than ever before,” says Bernard
Huberman, Founder and President of BLT Enterprises.
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| Bernard Huberman |
“Modern, upgraded office space in a highly desirable location such
as this is always at a premium and it is a testament to the strength of the
market that we were able to close the deal in just 45 days.”
The property features modern amenities including floor-to-ceiling
windows and skylights for ample natural lighting, interior and exterior brick
walls, hardwood floors, a modern kitchen and several conference rooms.
Huberman notes that this is exactly the type of property that
developers of smaller office assets are seeking to provide in the current tight
market.
“Developers know office occupiers are
seeking well-designed spaces that not only function more efficiently but are
also eye-catching and offer updated features,” he says.
Situated just moments away from Angel Stadium, the property is a
rare, two-story building surrounded by the multitude of new high-rise
apartments, hotels and retail redevelopments under construction within and
around the Platinum Triangle.
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| Kurt Bruggeman |
Built in 1990, the 8,200 square-foot property features two floors
of office space over a subterranean parking garage. BLT originally acquired the
building in 2016 as part of a portfolio of buildings for a total of nearly $30
million.
Kurt Bruggeman of Lee &
Associates Irvine represented BLT Enterprises as the seller. Phil Fridd
and James Hawkins of Lee & Associates Orange represented Hutton
Development Company as the buyer.
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| Phil Fridd |
Headquartered in Santa Monica, Calif., BLT Enterprises was founded
in 1984 and is a multi-faceted real estate investment company with an
exceptional track record of success in industrial and commercial real estate.
The firm has developed or acquired more than $2 billion in assets to date.
BLT Enterprises specializes in the acquisition, entitlement,
development, operation, and property management of industrial, office, retail,
mixed-use and special-use properties.
Contacts:
Lisa James / Jenn
Quader
Brower Group
(949) 438-6262\
ljames@brower-group.com
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