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BLT Enterprises Acquires Pair of Hollywood Assets for $20M

Santa Monica-based BLT Enterprises acquired two properties in Hollywood for $20 million. The properties include a creative office project at 5735 Melrose Ave., and an 18,000 square-foot production and entertainment office compound at 6151 Santa Monica Blvd. (pictured).

BLT Enterprises’ Bernard Huberman says, “Despite the current COVID-19 crisis, we are a firm believer in the resiliency of the California economy, and the long-term value in the Hollywood submarket.”

BLT plans to transform the Santa Monica property into a modern creative industrial compound catering to production companies, digital advertising agencies and other companies at the convergence of tech and media. The Melrose property, near Paramount Studios and Larchmont Village, was already renovated.

Lee & Associates’ Brad McCoy and David Wilson represented BLT in both deals. Told Partners, Inc.’s Adam Hall represented the seller of the Santa Monica property. Lee & Associates’ Paul Brehme and McCoy advised the seller of the Melrose property.

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Inside The Story

Connect With BLT Enterprises’ HubermanConnect With Lee & Associates’ McCoyConnect With Told Partners, Inc.’s Hall

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.