
BCL Inc. Names Steven Bollert Principal And Chief Investment Officer
Bollert will Oversee Commercial Real Estate Acquisitions throughout Pacific Southwest
SAN DIEGO, May 24, 2012 /PRNewswire/ -- BCL Inc., a San Diego-based, full-service commercial real estate firm, announces that Steve Bollert has joined the company as principal and chief investment officer. Bollert brings more than two decades of specialized real estate experience to his position with BCL, where he will oversee acquisition and investment activity throughout the Pacific Southwest.
"Steve is a highly regarded real estate acquisitions expert with an exceptional track record in identifying, acquiring and stabilizing value-add office and industrial assets," said Casey Brown, principal with BCL. "He brings a complementary skill set to the BCL team that will be invaluable as the company grows its portfolio of quality assets which are managed to achieve maximum upside."
According to Bollert, "BCL is a respected real estate organization that is known for its integrity and its hands-on approach to meeting investor and tenant objectives. I am honored to be joining Casey Brown and Paul LeBeau as a principal in BCL and contributing to the company's continued growth in the coming years."
BCL currently own and manages a 1.2-million-square-foot portfolio in San Diego County, and an additional 250,000 square feet in Phoenix. "We are looking to gain an even stronger foothold in these markets as well as expand our geographic reach to include other Southern California markets such as Inland Empire, Orange County, and Los Angeles" Bollert said.
Bollert most recently was affiliated with Westcore Properties as a principal of the company and its southwest director of acquisitions. While there, he focused on buying value-add properties and increased the company's portfolio from 7 million square feet to more than 9.5 million square feet. The properties acquired by Bollert were stabilized or repositioned and then sold, achieving a cumulative return of greater than 50% IRR.
For 16 years, Bollert was a top revenue producer with Burnham Real Estate Services where he generated record sales and leasing volume totaling over $2 billion of institutional grade office, industrial and R&D properties. He also founded and directed the company's Life Science Division.
Bollert is a sought-after real estate panelist and speaker and has served on a number of advisory boards including NAIOP, San Diego State School of Real Estate, BIOCOM and UCSD Connect. He is a graduate of San Diego State University and lives in Rancho Santa Fe with his wife and children.
About BCL Inc.
BCL Inc., founded in 1997 by Casey Brown and Paul LeBeau, currently owns and manages an office and industrial portfolio totaling over 1.2 million square feet. Over the past 10 years, the company principals have developed purchased and repositioned over $2 billion of office and industrial properties. BCL Inc. is headquartered at 450 B Street, Suite 400. The website is bcl-inc.com.
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Grove Media Inc.
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SOURCE BCL Inc.
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