Bakersfield
Women in Real Estate 2020: Wonderful Real Estate Development’s Erin Poulson Morris Drives Awareness
Erin Poulson Morris serves as a Director for Wonderful Real Estate Development in Los Angeles. She has emerged as an… Read more
Bakersfield Apartment Property Sold for $22M
Pine Brook Apartments, a 240-unit apartment community located in California’s Central Valley, traded hands for $22 million. Built on a… Read more
Wonderful Real Estate’s Erin Poulson Morris on Bringing an Operator’s Knowledge to Development
By Paul Bubny Consumer packaged goods companies typically turn to industrial real estate developers to build manufacturing and distribution facilities,… Read more
Dutch Bros Coffee Expanding to SoCal
Sage Investco’s plans for a Dutch Bros coffee shop in Indio were approved by the city. The proposed 850-square-foot coffee… Read more
Wonderful: Delivering Flexible Solutions to Meet Tenant Needs In Evolving Times
By Dennis Kaiser It might be easy to focus on the agricultural and western ranch activities of California’s Southern Central… Read more
Bakersfield Office Complex Trades for $26M
Local Kern County investor Steve Blumer has acquired Bakersfield’s Cal Twin Towers office complex for $26 million from Adler Realty… Read more
Report: Home Prices Increased 5% in November Amid Decline in Inventory
U.S. home sale prices increased 5.2% year-over-year in November to a median of $311,600, according to a new report from… Read more
Report: Four Metros Reach Full Home Price Recovery
Four new metro areas have reached values last seen during boom-era peaks more than 13 years ago, according to a… Read more
California’s Population Growth Slowest in History
California added 186,807 residents to bring the state’s estimated total population to 39,927,315 as of January 1st, 2019, according to… Read more
Saban Sells 14-Office Portfolio for $430M, Adds DC Asset for $170M
An affiliate of Los Angeles-based Saban Real Estate reportedly completed the sale of a 14-property office portfolio to Washington, D.C.-based… Read more
Sears, Kmart Bankruptcy Could Cost California More Than 1,200 Jobs
Sears Holdings’ bankruptcy protection filing on Oct. 14 was viewed as a last-ditch effort to save the once-proud, but struggling,… Read more
Ross Stores Takes More Than 1M SF at Wonderful Industrial Park in Shafter
Wonderful Real Estate signed a lease with Ross Stores, Inc. for 1,003,071 square feet of industrial space at Wonderful Industrial… Read more
Easterly Adds Nearly 1.5M SF in $430M U.S. Government-Leased Portfolio Buy
Easterly Government Properties, Inc. acquired a nearly 1.5-million-square-foot portfolio of 14 properties from affiliates of an unnamed independent third party… Read more
Hunt Delivers $17M Refi for Trio of Bakersfield MFs
Hunt Mortgage Group provided two Freddie Mac Small Balance Loans and a Fannie Mae Conventional Green mortgage to refinance a… Read more
Sprouts Rolls Out Instacart Grocery Delivery
Six cities in Riverside and San Bernardino counties can now utilize Instacart for home delivery of Sprouts Farmers Market orders.… Read more
Capital Square 1031 Acquires Newly-Constructed MOB Near Bakersfield
Glen Allen, VA-based Capital Square 1031 acquired a newly-constructed medical office building providing specialty dialysis services near Bakersfield, CA. The… Read more
Woodmont Lands Bass Pro Shops at Bakersfield Gateway
Bass Pro Shops plans to open its fifth store in California at Woodmont Company’s Bakersfield Gateway, a planned 800,000-square-foot mixed-use… Read more
World Oil, Trammell Crow Unveil 260-Acre Bakersfield Commons
World Oil Corporation and master-developer Trammell Crow Company (TCC) unveiled plans for Bakersfield Commons, a new pedestrian-oriented, mixed-use community located… Read more
Wonderful Breaks Ground on 1M-SF Spec Industrial
Wonderful Real Estate commenced construction on its latest one-million-square-foot industrial building located within Wonderful Industrial Park, a 1,625-acre, rail-served industrial… Read more