BH Properties Acquires The Cannery, a Renovated Brick & Timber Office Asset in Downtown Campbell, CA
Campbell, CA – July 3, 2025 – BH Properties, a vertically integrated real estate investment firm, announced its acquisition of The Cannery, a 104,201-square-foot brick-and-timber office campus located at 300 Orchard City Drive in the heart of Downtown Campbell.
Originally constructed in the late 1800s as a fruit cannery, The Cannery underwent a $19.2 million renovation completed in 2023. Improvements included seismic upgrades, façade enhancements, modern HVAC systems, and the creation of a landscaped outdoor amenity area, blending industrial character with modern tenant expectations.
The property is 22% leased to a diverse mix of tenants, with available suites ranging from 1,300 to over 40,000 square feet. The current weighted average lease term (WALT) is 2.9 years.
“The Cannery is a rare blend of history, design, and location,” said Jim Brooks, President of BH Properties. “It’s one of the few brick-and-timber campuses in Silicon Valley and offers tenants a distinctive experience in a walkable, amenity-rich environment.”
Located steps from the shops and restaurants along East Campbell Avenue and a short walk to the VTA Light Rail station, The Cannery benefits from strong regional access and proximity to executive housing, including nearby San Jose and Saratoga. The campus offers tenants generous window lines, high ceilings, and flexible floor plates, with convenient access to parking and transit.
The seller was represented by Newmark’s Silicon Valley Capital Markets team, including Steven Golubchik, Edmund Najera, Darren Hollak, Francesca Zappula, and Brendan Raney.
About BH Properties
Founded over 30 years ago, Los Angeles-based BH Properties is a privately held, vertically integrated real estate investment company with offices in San Francisco, Phoenix, Dallas, Houston, Seattle, and Riverside, CA. The firm focuses on value-add commercial properties, distressed debt, gap financing, and ground lease investments throughout the United States.
