BH Properties Acquires Value-Add Retail Asset Along I-80 in Fairfield, CA
Fairfield, CA – July 3, 2025 — 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 in Fairfield, California, 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-square-foot 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-square-foot 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.
About BH Properties
Founded over 30 years ago, BH Properties is a Los Angeles-based, privately held real estate investment firm specializing in value-add commercial properties, distressed debt, gap financing, and ground lease investments across the United States. The firm operates regional offices in San Francisco, Phoenix, Dallas, Houston, Seattle, and Riverside, CA.