Login

Looking to Focus on Value-Add Retail Plays, BH Properties Buys Plano Shopping Center

Los Angeles Investor Purchases Preston Shepard Place in Its First Retail Transaction This Year
Preston Shephard Place was 55% leased at the time of the sale, but BH Properties believes it can increase the shopping center's occupancy and net operating income within 12 to 18 months. (BH Properties)
Preston Shephard Place was 55% leased at the time of the sale, but BH Properties believes it can increase the shopping center's occupancy and net operating income within 12 to 18 months. (BH Properties)
By Scott Crue
CoStar Research
June 3, 2021 | 6:14 P.M.

BH Properties has purchased Preston Shephard Place shopping center in Plano, Texas, its first retail purchase in 2021, as it plans to focus on value-add retail property plays in the western United States over the next 18 months.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE