BH Properties wrapped up an active 2021 closing on approximately $250 million in commercial real estate transactions across its diverse investment platforms.
The acquisitions, secured by assets in California, Texas, Florida and Puerto Rico, represented nearly 2 million square feet of retail, office and industrial space which included approximately $100 million in DIP financing and non-performing note purchases.
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Northsight Financial Center (the “Property”) located in Scottsdale, Arizona. Located in the highly sought after Scottsdale Airpark office submarket, this three-story, premier, Class A office building is 89% leased to a diverse mix of tenants that includes legal, transportation, technology, financial services, real estate and medical.
1410 E. Renner Road is a two-story, 122,300 square foot Class B office. Prime location immediately adjacent to CityLine, a pedestrian friendly 186-acre master planned development that once complete is expected to contain over 3 million square feet of build-to-suit office, 3,925 multi-family residential units and 220,000 square feet of retail, among other extensive amenities.
3590 3600 3610 Central Avenue is a mix retail/office center comprised of three separate buildings, totaling 119,864 SF. Excellent location directly across from Riverside Plaza, located in the City of Riverside. The property is within walking distance to numerous amenities, including Islands Restaurant, Trader Joe’s and Riverside Plaza.
The Reserve at Park Ten (the Property), a recently constructed, state-of-the-art office property located in Houston’s world-renowned Energy Corridor. Built in 2009 with an exceptional commitment to sustainable design, The Reserve at Park Ten is comprised of a six-story office building with 145,114 square feet of highly efficient, quality accommodations.
9600 Pan American Drive is an industrial facility located in the Pan American Industrial Park. Property is within one mile of the Zaragosa Bridge, off of Loop 375. The property is also located just south of I-10.
