Sutter Square
Concord, CA
Website: www.suttersquare.com

Property Address:
1800 Sutter St.,
Concord, CA 94520

Sutter Square is a nine-story office building located at 1800 Sutter Street in downtown Concord, Calif., one of California's highest profile business communities. Sutter Square offers 176,637 square-feet of leasable space, as well as six levels of private subterranean parking, The building’s two-story marble atrium is considered one of the most impressive in Northern California. Sutter Square is within walking distance to major retail, financial and business services and only three blocks from Concord BART and Highway 242. Barker Pacific Group, the property manager, acquired the building in January 2020 and disposed of the property in June 2024.

225 E. Colorado
Pasadena, California

Property Address:
225 E. Colorado Blvd.,
Pasadena, CA 91101

Formerly known as the Citizens Bank Building (CBB), 225 E. Colorado is a historically significant building located at the corner of N. Marengo Ave. and E. Colorado Blvd., conveniently located one block east of Old Town Pasadena, in the heart of the downtown district near the Pasadena City Hall Complex. 225 E. Colorado provides first-class office space in a historically significant structure. The building was originally built in 1915 for Citizens Savings Bank, which occupied the building for almost 100 years.

In September 2004, BPG acquired 225 E. Colorado and immediately took over management of the building. The team started renovations in 2005. In late 2006, the Citizens Bank vacated more than 15,000 square feet of space on the upper floor. BPG immediately began remodeling the vacant space in order to accommodate future tenants and to improve the appearance and functionality of the suites. The fourth floor was reconfigured to allow for multi-tenant lease-up, including five spec suites. In 2007, occupancy was increased from 70% to near 100%. When the project was sold in 2016, it provided an impressive return for investors and partners.

Rowland Plaza
Novato, California

Property Address:
75 Rowland Way
Novato, CA 94945

Rowland Plaza is 145,000 square feet of office space in two buildings and a 24,120-square-foot Staples store. At the time of acquisition in 2009, the buildings were only 73% leased. The previous owner had not been aggressively leasing due to capital constraints. BPG acquired the project and capitalized the venture to renovate the office building lobbies and re-tenant the vacant space. Within 16 months, the buildings were 98% leased and the Staples lease was renewed. The project was sold in 2015 for an impressive return to investors.

101 Continental Tower
El Segundo, California

Property Address:
101 Continental Blvd.,
El Segundo, CA 90245

The 365,000-square-foot project was originally constructed in 1972 as the headquarters of Continental Airlines and later was named Xerox Centre, operating as the West Coast office for Xerox Corporation.

Barker Pacific Group acquired the project in 2003 and, upon the departure of Xerox in 2007, completely renovated it to first-class standards in 2008, including a comprehensive renovation of both the common areas and tenant spaces. Approximately $40 million was invested in building improvements. Renovations were completed in 2008. The project was fully leased to Northrop Grumman Corporation. BPG sold the asset in June 2014.

Center at La Quinta
La Quinta, California

Property Address:
79315 CA-111
La Quinta, CA 92253

The former Sam’s Club facility, built in 2007, is a high-quality, 138,000-square-foot, single-story building on 14 acres. The site has an existing parking count of 633 spaces with the possibility for another 50. Included in the purchase is a contiguous 1.25-acre parcel ideally suited for retail use. BPG acquired the property in January 2011 and sold it in 2015.

Westlake Spectrum
Westlake Village, California

Property Address:
4330 Park Terrace Dr.,
Westlake Village, CA 91361

Westlake Spectrum is 107,381-square-foot office development comprised of two buildings: one is 62,282 square feet and the other 45,099 square feet. 

Built in 1989, the project was acquired by Barker Pacific Group and its partner Rockwood Capital in October 2014. Upon acquisition, the team undertook renovations to common areas, as well as negotiating a “blend-and-extend” lease with Securitas USA, renewing the tenant lease for twelve years, thus solidifying the rent roll. Additionally, BPG was able to lease-up the remaining vacant space, achieving 100% project occupancy. The project was sold in 2016 for a profit to ownership and investors.

100 First Plaza
San Francisco, California

Property Address:
100 First St.,
San Francisco, CA 94105

With no prior experience in San Francisco, BPG entered the San Francisco market in 1983 with the intent of developing a major office building, 100 First Plaza, a 500,000-square-foot, 27-story building. The site, adjacent to the TransBay Terminal, was assembled within a 60-day period in mid-1983. During predevelopment, the project was hit with the uncertain and new provisions of the pending San Francisco Downtown Plan, which delayed the approval process and complicated development. Despite these challenges, before construction began, BPG preleased 50% of the project to Delta Dental. Based on this lease, the project finally won city approval and BPG arranged to fund the construction costs. The construction loan was unique, involving issuing Commercial Paper by Morgan Stanley, and resulted in borrowing costs significantly lower than traditional bank financing. The project was completed on budget and when finished in 1988 was near 90% leased. The asset was sold in 1999 before the “Dotcom” downturn.

1235 Mission Street
San Francisco, California

Property Address:
1235 Mission St.,
San Francisco, CA 94103

Originally constructed in 1927, the property is a 125,000-square-foot historic office rehabilitation with 50 parking spaces.

The building was acquired from Delta Dental in 1986 by Barker Pacific Group as an inducement for the tenant/owner to anchor BPG's major office development, 100 First Plaza, located at First and Mission in San Francisco. The building renovations were completed in 1991, and by 1992 was fully leased to the City of San Francisco for 20 years. The building was sold to San Francisco Unified School District in 2012.

500 Sansome
San Francisco, California

Property Address:
500 Sansome St.,
San Francisco, CA 94111

150,000-square-foot, nine-story office building.

The project was acquired in 1997 in a San Francisco market that was slowly recovering from the mid-90s downturn. The building was just over 50% leased at acquisition and had very tired lobby and common area finishes, as well as inadequate mechanical systems. Within two years, BPG had renovated the building, all existing leases were converted to new leases with extended terms, and the building was brought to 98% occupancy. The property was sold in 1999 for approximately twice the original cost plus the cost of improvements resulting in a substantial gain to ownership.

5055 Wilshire Boulevard
Los Angeles, California

Property Address:
5055 Wilshire Blvd.,
Los Angeles, CA 90036

182,000-square-foot office and ground floor retail 600-space parking garage.

The project was originally developed by the Carnation Company in 1948 as its headquarters. BPG and its partner, USAA, acquired the property from Carnation when the company moved to Glendale, CA in 1991. After Carnation's vacancy, the building was completely gutted and rebuilt to first-class standards. Renovations included the addition of 50,000 square feet of office space. BPG procured BPI Communications (Hollywood Reporter) as the lead tenant and quickly leased up the project. The project was sold in 1993.

790 Colorado
Pasadena, California

Property Address:
790 E.Colorado Blvd.,
Pasadena, CA 91101

The project was acquired in 1996 from a major insurance company which had taken the building back from its previous developer owner. Located near Lake Avenue on Colorado Blvd., the building was only 35% leased at acquisition and had been void of any leasing activity for several years since Bank of America had vacated. Within five months after the acquisition the building was brought to 98% occupancy due to the attraction of two major new tenants plus a well-known local spa which relocated from the Ritz Carlton Hotel. The leasing was handled internally by BPG and only 16 months after the acquisition, the building was sold for a substantial gain to the ownership. During the ownership period, the lobby and most restrooms were renovated to current standards.

8075 West Third Street
Los Angeles, California

Property Address:
8075 W. 3rd St.,
Los Angeles, CA 90048

8075 West Third consists of three levels of atrium office space over a two-level parking structure. The atrium design allows for considerable natural light into the offices while simultaneously creating a peaceful working environment.

BPG acquired the building in November 2006. Since acquisition, the building has undergone significant interior and exterior base building renovation, which was completed in early 2008.

At acquisition the building was less than 60% occupied. Within the first year, Barker Pacific Group increased the occupancy by 10%, and subsequently brought occupancy to 85% in 2008. The remaining vacant space was built out as spec, which significantly increased tenant interest. The building was sold in 2013.

BP Plaza
Houston, Texas

Property Address:
201 Helios Way
Houston, TX 77079

590,000-square-foot, 20-level office building, built-to-suit with 400-seat cafeteria, 1,700-space parking garage.

British Petroleum (BP) was seeking a new Houston headquarters and sought to partner with a major developer.

BPG was successful in winning a competition with other leading national developers to joint venture the acquisition of land, financing, and development. During a period just following the real estate "wipeout" in Houston, BPG was successful in developing the first-class project in which BP leased approximately 70%. By completion in 1992, the project was 100% leased. The project was sold in 1994.

Chamber Building
San Diego, California

Property Address:
110 W. C St.,
San Diego, CA 92101

Constructed in 1963 and headquarters to the San Diego Chamber of Commerce until 1990, this 23-story building was once hailed as the tallest high-rise office building in California. It has 257 parking spaces on eight levels: two below grade and six levels above. In 2002, the multi-tenant building was honored by BOMA as the Building Owners and Managers Association’s “Renovated Office Building of the Year.” It also received BOMA’s “The Office Building of the Year (“TOBY”) Award” in 2000 and 1990 for buildings of its size.

The Chamber Building offers superb freeway access. Downtown is a popular location for law firms and other professional firms who require proximity to courts and other civic offices. Just north of the building within a 10-minute drive is the San Diego Airport. The building offers views of the beautiful San Diego Harbor.

Barker Pacific Group acquired the project in May 2003 and renovated the public area finishes and facility systems. The building was sold in 2007.

Cigna Building
Phoenix, Arizona

Property Address:
11001 N. Black Canyon Hwy.,
Phoenix, AZ 85029

100,000-square-foot office, four levels, 9,000-square-foot freestanding restaurant.

BPG, through its Phoenix affiliate, Barker Mashburn Hope, acquired 29 acres in northwest Phoenix in 1984 for this mixed-use, ground-up development.

Property entitlements were increased to enable greater density. BPG procured Cigna Healthcare of Arizona as the first major tenant, leasing more than 50% of the project before construction started. The project was 100% leased at completion in 1997. The project was sold in 1998.

Columbus Center
Coral Gables, Florida

Property Address:
1 Alhambra Plaza
Miami, FL 33134

278,000-square-foot, mixed-use, built-to-suit office and retail project with an 850-space parking garage.

BPG, in a joint venture with IBM and USAA, acquired the land in 1989 for a ground-up development. The property was entitled for added density due to BPG's willingness to meet strict design standards established by the City of Coral Gables. Prior to starting construction, BPG procured IBM as the lead tenant and equity investor in the land acquisition and project development. At completion in 1991, the project had attracted several other high-profile tenants and a first-class restaurant. The project was sold by BPG in 1993.

Cypress Financial Center
Fort Lauderdale, Florida

Property Address:
5900 N. Andrews Ave.,
Fort Lauderdale, FL 33309

BPG acquired the land in 1984 for ground-up project. Upon commencement of construction, BPG signed Hewlett-Packard as the lead tenant. The project was completed in 1987, two years after the land acquisition. The project was leased to major tenants including Hewlett-Packard, Prudential, Consolidated Cigar, AT&T. and New England Life. It subsequently sold at a profit in 2001.

Hamilton Landing
Novato, California

Property Address:
2-10 Hamilton Ldng.,
Novato, CA 94949

In late 1998, Barker Pacific Group acquired seven dilapidated former military airplane hangars from a San Francisco developer. The hangars were not historical yet had interesting architectural features. At completion, in 2001, the first building was 100% leased with Smith & Hawken serving as anchor tenant. Over the next several years the remaining six hangars were converted to first-class office space for a total of 406,000 square feet. The project reached 100% occupancy in 2009 and included a blue-chip roster of tenants including Disney, Oracle, Activision, Sony ImageWorks, Birkenstock, and the YMCA. The project won numerous awards for its unique energy saving “green” features and its trend-setting design. The project was sold for profit in 2015.

Kaiser Building
Milpitas, California

Property Address:
611 S. Milpitas Blvd.,
Milpitas, CA 95035

The Kaiser building was acquired by BPG with a soon-to-expire lease with Kaiser Foundation Health Plan. The existing lease rate was over the then market rental rates with major market uncertainty. During the due-diligence period, BPG arranged for a new 12-year lease from Kaiser which would only become effective if BPG completed the acquisition. Based on the reduced risk, BPG was able to arrange attractive debt financing and close the acquisition. The project was sold one year later for an attractive gain.

Miami Arena
Miami, Florida

Property Address:
721 NW 1st Ave.,
Miami, FL 33136

Ground-up development of a 17,000-seat, 391,000-square-foot sports arena.

The City of Miami had no NBA basketball team. Through its Miami Sports & Exhibition Authority, the city invited major developers to propose the development of a public/private arena project to attract an NBA franchise. BPG won the competition and was named the managing partner of the consortium. It assembled the land to develop and operate the arena. BPG, through its joint venture called Decoma Venture, arranged for development rights, procured the land, and arranged private financing to build the arena. After commencing construction, BPG and the City worked together to procure an NBA franchise which became the Miami Heat. At completion, a private party also obtained a franchise for the Florida Panthers NHL hockey team and the team leased time in the arena. The project was sold by BPG and its partners in 1994.