BH Properties Appoints CRE Veteran Mark Workman to Managing Director, Investment & Asset Management
BH Properties Strengthens Executive Team in Support of Aggressive Acquisition Campaign
Los Angeles, October 21, 2024 – BH Properties, a vertically integrated, value-add real estate investment company, has appointed commercial real estate veteran Mark Workman to the position of Managing Director, Investment & Asset Management. The addition to the firm’s executive team comes in the midst of an active acquisitions campaign. In the first nine months of the year, the firm has acquired nine assets across various property types. Workman will work alongside the firm’s regional acquisition officers identifying additional targets and support the management of the firm’s growing portfolio.
“As we continue to identify key acquisition opportunities that align with our strategy, we are adding seasoned leaders who can expand our reach and provide additional resources to our acquisition team,” said Jim Brooks, President of BH Properties. “Mark brings exceptional credentials and a stellar reputation, and we are excited to integrate him into our team as we pursue our expansion goals.”
Workman brings more than 17 years of commercial real estate experience, most recently as a Senior Vice President of Asset Management for Lincoln Property Company in Los Angeles where he was responsible for a portfolio of assets totaling more than three million square feet of commercial space in all asset classes. Prior to Lincoln, he served as Vice President at Rockwood Capital, LLC where he led asset management for Southern California assets valued at more than $2 billion and comprised a mix of office, multifamily, retail and hotel properties. Workman held similar positions at AEW Capital Management in Los Angeles and Key National Bank in Cleveland, OH.
“I am honored to join such a successful and dynamic real estate investment firm with significant capital and a strong drive for growth,” said Workman. “My experience aligns well with BH’s expansion goals in this favorable market, and I look forward to contributing to its continued success.”
Headquartered in Los Angeles, with six regional offices, BH Properties has been ramping up its acquisition efforts in 2024, including its most recent 225,000 square foot office acquisition in Hillsborough, Oregon, the 405,000-square-foot mixed-use Hazard Center in San Diego’s Mission Valley, the 335,000-square-foot Pacific Place shopping mall in downtown Seattle, and the historic 117,000-square-foot 989 Market Street office building in downtown San Francisco. Since January, the company has acquired nine new assets and now owns and operates approximately 11 million square feet across 16 states.
About BH Properties
Founded 31 years ago, privately held BH Properties is a vertically integrated real estate investment company focusing on the acquisition and management of a geographically and product diverse portfolio of assets. The Los Angeles-based company, with regional offices in San Francisco, Phoenix, Dallas, Houston and Seattle, continues to focus on value-add transactions, affordable housing, distressed debt, gap financing, and ground leases. Today the company owns and operates nearly 11 million square feet across 16 states. For more information, visit: https://www.bhproperties.com.
