Expo Flooring Acquires Industrial Warehouse From BLT Enterprises In Los Angeles For $4.7M

BLT Enterprises sold an industrial warehouse located at 1933 South Alameda Street in Los Angeles. The asset measures 15,836 square feet and was sold for $4,700,000, resulting in a price per square foot of $297. The warehouse, under the ownership of BLT Enterprises since 2006, received upgrades that included a roof replacement in 2015.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,700,000
• Address: 1933 South Alameda Street
• Market: Los Angeles
• Buyer: Expo Flooring
• Seller: Lukas Huberman, Partner and Director of Acquisitions - BLT Enterprises
• Square Footage: 15,836
• Price per Square Foot: $297

Expo Flooring, the buyer of the property, was a long-time tenant of the warehouse prior to the sale. Daniel Rosenthal represented BLT Enterprises in this transaction.