We have a new tenant coming to the Bakersfield area, Smuckers. If you like their jam, this is the place to be. So they are going into what’s called Wonderful Industrial Park. And you may know, Wonderful as the people that own the juices. But Wonderful is much more than that, and obviously they have this industrial park.
This industrial park itself is close to 100 million square feet. Right now, Ross occupies about 3 million square feet in that center. You have target occupying about 2 million square feet in that center. And Wal-Mart, I believe, just signed about 600,000 square feet in cold storage to that center as well. On top of that, you have Smucker’s and many other people already in there as well.
If you are looking to invest in the area, there’s many jobs coming. If you’re looking for housing investment, if you’re looking for multi-family investment, if you’re looking for industrial investment, there’s land opportunities, there’s leasing opportunities. They even have spec built buildings that we can have sold. There are many different options If you are an investor and we love to sit down with you, figure out what exactly it is that would fit in that box for you and help you purchase.
Thank you. Take care.
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