Search
 

BH Properties Buys High-Quality Asset In Riverside

RIVERSIDE, CA-The L.A. based investment firm buys a 147,194-square-foot property here and expects to continue “aggressively expanding further into core markets in 2013,” GlobeSt.com exclusively learns.

By Natalie Dolce | Updated on January 31, 2013

RIVERSIDE, CA-GlobeSt.com exclusively learns that BH Properties LLC, a Los Angeles-based commercial real estate investment firm, has paid $9.5 million for a 147,194-square-foot office property located at 2085 Rustin here in Riverside, CA. Executive vice president Steve Jaffe says that this was a great price for “a high quality asset.”

Jaffe explains that the firm hopes to continue to aggressively expand further into its core markets in 2013. The marketing of the asset was handled by Auction.com.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.