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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.”   


Inside The Story

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).