BH Properties Archives

BH Properties purchases 230,524 SF, three-property portfolio

DMC Portfolio_Ocotillo Business Center_Kyrene

DTZ announced the sale of the DMC Portfolio, a ±230,524 square foot, three property portfolio in Tempe and Chandler. BH Properties, LLC (Los Angeles) purchased the portfolio for $22.85 million from Buchanan Street Partners (Newport Beach, CA). Senior Managing Directors Bob Buckley, Tracy Cartledge and Steve Lindley and Associate Ben Geelan of DTZ’s Phoenix office… Read More →

Op-Ed: Can low interest rates harm Arizona market?

By Andrew Van Tuyle and Steve Jaffe, BH Properties There are times in your life when something wonderful drops in your lap – like an adorable Great Dane puppy on Christmas morning. The puppy is so cute that you fall in love immediately, and never think about how large that Great Dane will become or… Read More →

BH Properties buys Plaza at Squaw Peak for $25M


On behalf of their client, IX CW Plaza Squaw Peak, LP, (an affiliate of Starwood Capital Group), Capital Asset Management announced today the successful sale of The Plaza at Squaw Peak, a 428,044-square-foot class-B office building, to BH Properties, a Los Angeles commercial real estate investment company. Located on 16th Street and Morten Avenue in… Read More →

The value-add play in Phoenix’s multifamily market

Fiesta Park

By:  Steve Jaffe, Executive Vice President and General Counsel, BH Properties   During the most recent Great Recession, Phoenix saw property values drastically decrease and apartment owners lose tenants due to lost jobs. The domino effect resulted in owners dropping rents to maintain occupancy, which, in turn, caused them to lose out on money they would… Read More →

BH Properties acquires Shasta Beverages warehouse in Phoenix

BH Properties, WEB

BH Properties, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed real estate properties, has purchased the Shasta Beverages, Inc. warehouse facility, located at 301 S. 29th St. in Phoenix, for $1.9 million. The all-cash deal closed in 18 days. “This property presented a prime investment opportunity as we are actively… Read More →

BH Properties Ends 2013 With Record Year Over 2012

Gilbert Town Square
by in Brokerage | Business News

BH Properties, LLC is reporting a banner year for the company with  $100M in transaction volume and $82M in acquisitions, a 57 percent increase over the previous year’s results. “BH Properties had a very successful year in the purchase and sale of its properties across the nation,” said Steve Jaffe, executive vice president and general… Read More →

BH Properties Acquires Vista Ventana For $10.2M

by in Brokerage | Business News

  BH Properties, a Los Angeles-based commercial real estate investment firm that has a penchant for working through difficult transactions, time-sensitive closing factors and an expertise in repositioning real estate, acquired Vista Ventana, a 275-unit multi-family property at 3221 W. El Camino Dr. in Phoenix. “With two of our other Phoenix properties, Smoke Tree and… Read More →