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8/07/19
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BLT Enterprises has completed renovations of a 60k sf industrial building in Carlsbad. The property, located at 5940 Darwin Ct, the property is situated within Carlsbad Research Center, adjacent to McClellan-Palomar Airport. BLT acquired the building in early 2017 from El Cedro LLC, who leased-back the entire property for three years as part of the transaction.
Improvements include a new roof, new skylights, new HVAC and additional perimeter windows to increase natural lighting as well as a new glass balcony and removal and replacement of lobby stairs. The renovations also include the removal of all interior offices, conference rooms, and warehouse space, effectively bringing the asset to a clean “warm shell” status. Exterior improvements include all-new drought-tolerant landscaping and a new outdoor employee patio with a bocce ball and horseshoe toss activity area.
According to Bernard Huberman, Founder and President of BLT Enterprises the company purchased the asset with the intent to implement significant improvements to drive tenant demand in a tight market. Industrial properties that incorporate state-of-the-art design and amenities continue to be in high demand in San Diego’s core submarkets, including Carlsbad.
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