BLT Enterprises Acquires Industrial Property In Irvine For $8.9M

An industrial property located at 17466 Daimler Street in Irvine has been sold for $8,900,000. The property spans 40,000 square feet, translating to a price per square foot of $222.50. The transaction took place on June 29, 2020.

Summary of Transaction Details

• Property Type: Industrial
• Transaction Amount: $8,900,000
• Square Footage: 40,000
• Price per Square Foot: $222.50
• Market: Irvine

The buyer, BLT Enterprises, represented by Bernie Huberman, acquired the property from Ceradyne, Inc (3M). The brokers involved in the deal included Brad McCoy, David Wilson, Weston Dunlap from Lee & Associates West LA, Eric Walker from Cresa, and Lindsay Gazzano from Savills.