SAN DIEGO—With the recent addition of Steve Bollert as a principal, commercial real estate investment firm BCL Inc. has changed its name to BBL Inc., also named after founding partners Casey Brown and Paul LeBeau.

Most recently, Bollert was a principal and director of acquisitions with Westcore Properties. BBL officials said in a statement that the firm is poised to continue an aggressive acquisition strategy that saw $130 million in property purchases in 2012, such as the Bank of America Tower at 450 B St. downtown, One Pacific Heights in Sorrento Mesa, and Regents Park Financial Center in University Towne Centre. BBL Inc. owns and manages a commercial real estate portfolio totaling 1.4 million sq. ft., including 250,000 sq. ft. in Phoenix.

Brown said in the statement that the firm actively seeks to grow its real estate foothold in Southern California. "Our new name reflects the personal involvement and expertise each of us as principals brings to the company mission of adding value to our investors and tenants,” he said.