BH Properties Acquires Mixed-Use Site on Fisherman’s Wharf
BH Properties has acquired Anchorage Square, a 322,000-square-foot mixed-use property in the center of San Francisco’s Fisherman’s Wharf. The acquisition price wasn’t disclosed for the deal, which was brokered by Eastdil Secured.
At 2.6 acres, Anchorage Square is one of the largest privately held mixed-use retail sites on the Wharf. Its components include a 128-key Courtyard by Marriott, 28,800 square feet of office space, 63,000 square feet of retail space and a 685-stall parking garage. The retail space is anchored by the only In-N-Out burger restaurant in San Francisco.
“Anchorage Square has long been an important part of the fabric of Fisherman’s Wharf and one of the top performing properties in all of San Francisco,” said BH Properties president Jim Brooks. “We see positive signs of tourism in Fisherman’s Wharf returning to its pre-COVID levels and the property’s location between Pier 39 and Ghirardelli Square will be a key demand driver.”
