Round Rock Crossing shopping center acquired by B.H. Properties

Round Rock Crossing, a shopping center located at the intersection of I-35 and SH 45, has come under new ownership. (Courtesy B.H. Properties)
Round Rock Crossing, a shopping center located at the intersection of I-35 and SH 45, has come under new ownership. (Courtesy B.H. Properties)

Round Rock Crossing, a shopping center located at the intersection of I-35 and SH 45, has come under new ownership. (Courtesy B.H. Properties)

Round Rock Crossing, a shopping center located at the intersection of I-35 and SH 45, has come under new ownership.

In an April 19 announcement from the real estate investment firm, B.H. Properties stated that it purchased the shopping center. Round Rock Crossing had been on the market since November 2021, after foreclosure May.


“While Round Rock Crossing fell on hard times during the pandemic, the fundamentals are still very solid,” said Scott Henry, BH Properties’ managing director of acquisitions. “At our cost basis, we can offer attractive lease terms to new tenants and revitalize the center, which serves almost 300,000 residents within a 5-mile radius.”

According to the release, Round Rock Crossing was built from 2004-06 and is 52% occupied by 18 tenants, including Best Buy, Michael's, Dollar Tree and Target.

www.bhproperties.com
By Brooke Sjoberg
Brooke Sjoberg is the Round Rock reporter for the Round Rock and Pflugerville/Hutto editions of Community Impact Newspaper. She worked for The Gonzales Inquirer, The Daily Texan and The Daily Dot among other publications before coming to Community Impact. Brooke is from Seguin, TX and graduated from The University of Texas at Austin in 2020. Her last name is pronounced Show-burg.