IRVINE, Calif. – BLT Enterprises, a multi-faceted real estate investment company with a track record of success, has completed $3.3 million in creative renovations to a 40,645 square-foot single-tenant industrial building located in the Central Orange County submarket of Irvine, California. The strategic improvement program was implemented to meet the specific needs of the building’s tenant, Glidewell Dental Ceramics, Inc., which fully occupies the property.
“BLT has a lengthy history of cultivating long, trusted partnerships with our tenants that are based on the customized service we provide,” says Lisa Tamayo, Vice President of Development at BLT Enterprises. “The improvements we completed at this property, tailored to Glidewell’s specifications, demonstrate how greatly we value our tenants and go above and beyond to accommodate them.”
BLT had secured a 10-year, full-building lease with Glidewell, a leading multinational dental products provider after acquiring the property in the third quarter of 2020. Prior to inking the lease agreement in August 2021, BLT had completed a renovation to the property’s exterior shell, including a seismic upgrade and some interior refurbishments. Upon signing the leasing transaction, the firm collaborated with contractor Turelk and architects Ware Malcomb to execute a comprehensive interior and exterior improvement program specifically based on Glidewell’s requirements, explains Tamayo.
“From our depth of experience working with industrial users, we drew upon our unique insights and assessments to execute a design/build that would ideally suit our tenant,” says Tamayo. “This included creating a breakroom that serves as a welcoming meeting space on the mezzanine level in addition to the existing ground-floor break room. We also redeveloped the workstation layouts and locations, delivered a new entry façade that provides a front patio area with amenities, renovated the restrooms, and upgraded building systems and landscaping to create a completely refinished and attractive setting that provides deep long-term value to the property and the tenant.”
Future improvements include Glidewell’s storage racking installation and required fire sprinkler upgrades to accommodate their dense storage needs.
“BLT has displayed their expertise in acquiring, renovating, and transforming the existing industrial space into an appealing environment that suits the needs of their Tenant and its operation,” says Richard Hamblet, Senior Director of Facilities at Glidewell Laboratories. “It has been a pleasure working alongside BLT throughout this process and we could not be more pleased with the overall outcome. Our team is excited to begin operating out of this building and look forward to continuing this partnership with BLT as our company continues to evolve.”
The industrial property is located close to John Wayne Airport at 17466 Daimler Street in Irvine, California.
About BLT Enterprises
Headquartered in Santa Monica, Calif., BLT Enterprises was founded in 1984 and is a multi-faceted real estate development and 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.
