News: Outside The Region

BH Properties acquires value-add retail asset along I-80

Fairfield, CA BH Properties, a vertically integrated, value-add real estate investment firm, has acquired a dual-building, multi-tenant retail center located at 1370–1380 Holiday Lane, directly adjacent to Interstate 80. The acquisition expands the firm’s growing Northern California portfolio and underscores its strategic focus on well-located retail assets with value enhancement potential.

The 24,604 s/f property consists of two high-profile buildings on a 2.34-acre parcel, offering excellent freeway visibility with ±200,000 vehicles per day along I-80 and strong co-tenancy within the adjacent Solano Town Center. The property is currently 58% vacant, representing a compelling lease-up opportunity in a trade area with low retail vacancy and strong tenant demand.

The existing tenant roster includes a well-proven mix of established regional and national brands, including: Aspen Dental, Peet’s Coffee & Tea, Togo’s Sandwich Shop, and Golden 1 Credit Union.

“This acquisition reflects our ongoing strategy of targeting fundamentally sound retail assets in high-traffic corridors,” said Jim Brooks, president of BH Properties. “The site’s visibility, access, and existing tenant lineup provide a solid foundation for long-term income growth through active leasing and repositioning.”

The property is located at the hard-corner intersection of Travis Boulevard and Holiday Lane, directly adjacent to the Solano Town Center — a 1 million s/f regional mall anchored by Macy’s, Dick’s Sporting Goods, and Regal Cinemas. Nearby national retailers include Target, Home Depot, Trader Joe’s, In-N-Out Burger, and Starbucks, reinforcing the area's role as a dominant retail destination.

The seller was advised by Don MacLellan and Scott DeYoung of Faris Lee Investments, along with John Cumbelich and Joe Kuvetakis of John Cumbelich & Associates.

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