BLT Enterprises, a diversified real estate investment company, recently announced the retirement of Robert “Bob” Lumley, their Vice President of Real Estate. Lumley’s 40+ year career in the commercial real estate industry has left a lasting impact on both BLT and the industry as a whole. According to Daniel Rosenthal, CEO and co-founder of BLT, Lumley’s contributions have been invaluable since he joined the company in 2004 to lead their newly formed real estate division.
When Rosenthal and Bernard “Bernie” Huberman founded BLT in 1984, it primarily focused on waste management and recycling. However, with Lumley’s hiring came an expansion into real estate investments. Over his two decades at BLT ,Lumley oversaw acquisitions,d ispositions,l easing,a sset management,p roperty management,and development.
Rosenthal also credits Lumely for playing an integral role in establishing BLTs reputation as a highly respected institutional-quality owner of industrial and commercial properties throughout California.
Since its inception,BLT has primarily invested in industrial real estate,and currently owns over2 .5 million square feetof property across Southern California.The retirement announcement was made by Connect CRE.
