BH Properties’ Acquisition Criteria 2011

BH Properties is aggressively growing its portfolio in the multifamily, retail and office sectors.  We strive to provide our network of valued brokerage professionals with key information about our preferred deal structure (below), but also welcome the opportunity to review submissions outside these parameters.  Our strong capital base and flexible approach to buying real estate have allowed BH Properties to create dynamic opportunities even under the most challenging circumstances.

We will also purchase performing and non performing notes secured by these types of properties.

INDUSTRIAL   RETAIL
SIZE 40,000 SF TO 500,000 SF   SIZE 40,000 SF and larger
TYPE Class A and B warehouse/distribution   TYPE Big box, neighborhood center, community center or strip center
LOCATION Industrial park, easy access   LOCATION Artery road, corner, signal
VACANCY Minimum 25% occupancy   VACANCY Minimum 25% occupancy
PRICE p.s.f. Maximum$30.00 p.s.f.   PRICE p.s.f. Maximum $100.00 p.s.f.
MARKET California, Nevada, Arizona   MARKET California, Nevada, Arizona
CONSTRUCTION Block, brick or tilt-up   DEMOGRAPHICS 50,000 population/
30,000 vehicles per day/
$50,000 average household income
CEILING HEIGHT 22 feet or higher   DESIGN One story, ample parking
SITE Adequate dock doors & truck apron   SITE Level, multiple entrances, pylon sign
     
     
     
 
MULTI-FAMILY
SIZE 50 Units minimum
MIX One and two bedrooms preferred
MARKET California, Nevada, Arizona
CONSTRUCTION Post 1980
     

 

 

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