BLT Enterprises of Santa Monica has acquired a two-building office campus in Sorrento Mesa for $12.6 million, the buyer announced.
The buildings were purchased from a lender that had taken over the property from a previous owner. The campus, known as Sorrento Tech II, is at 10140 and 10180 Barnes Canyon Road.
The property, totaling 63,333 square feet, was built in 1984 and 1985 and renovated in 2014. It was 87 percent leased to two large tenants at the time of sale.
The buyer was represented by Ron Jacobson and of Madison Partners, and the seller was represented by Sean Fulp and Brunson Howard of Newmark Grubb Knight Frank.