BH Properties expands Bay Area presence with acquisition of 110,669 s/f office/R&D building

San Jose, CA BH Properties, a vertically integrated real estate investment firm headquartered in Los Angeles with regional offices across the western half of the United States, has expanded its Bay Area footprint with the acquisition of 2125 O’Nel Drive, a 110,669 s/f, Class-A office/R&D building. The recently renovated two-story building offers premier visibility along Highway 101 and sits just minutes from Mineta San Jose International Airport.

The seller was represented by Andy Zighelboim, Kevin Moul, Brad Idleman and Bob Gilley from Colliers International. Peter Horn led the acquisition for BH Properties out if its San Francisco regional office. Terms of the transaction were not disclosed.

Originally built in 1985 and significantly modernized in 2022, 2125 O’Nel includes a remodeled contemporary lobby, café-style kitchen with a NanaWall system, expanded glass lines, new exterior landscaping with outdoor collaborative areas, and upgraded building systems. The building also offers a unique signage opportunity with over 500 feet of freeway frontage and visibility to over 210,000 daily commuters.

"This is a well-located, high-quality asset in one of the most dynamic technology corridors in the country," said Jim Brooks, president of BH Properties. “The vacancy presents an immediate lease-up opportunity, and the building’s recent upgrades make it an attractive option for a wide range of tenants looking to grow or relocate in Silicon Valley.”

The acquisition of 2125 O’Nel marks another strategic step in BH Properties’ ongoing West Coast expansion. Over the past 14 months, the Company has acquired 15 new assets and now owns and operates approximately 11 million s/f across 16 states. The firm continues to focus on value-add opportunities across all major property types in supply-constrained, high-growth markets with strong fundamentals.