Andrew Van Tuyle Andrew Van Tuyle

BH Properties is bullish on the Phoenix market across commercial asset classes, and it is focused on increasing its portfolio. In the last two months, the investor has acquired three properties totaling $55.3 million, bringing its Phoenix portfolio to a total of 21 properties of 1.25 million square feet of commercial space and more than 1,500 apartment units.

“Phoenix is a strategic location for us long term,” Andrew Van Tuyle, senior managing director of investments for BH Properties,” tells GlobeSt.com. “We're committed to that market and are actively looking to expand our portfolio. We'd like to close $100 million or more in Phoenix in the next year, so to the extent we can find opportunities we will be buying.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.