Aug 27
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Part 3…Bakersfield’s Industrial Real Estate Market: Land

Yesterday, I reported on the local industrial market for building space.  Today’s topic is Bakersfield’s Industrial Land Market.  More specifically, finished land.  First, a distinction between “Finished Land” and “Raw Land.”  Finished Land is land that has been parcelized into useable lots, with streets, curbs, gutters, and sometimes sidewalks in place, and with utility stubs [...]

Author: Wayne Kress
Aug 26
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Part 2…Bakersfield’s Industrial Real Estate Market: Buildings

Yesterday’s post discussed the characteristics of “value” and the sequence of market recovery through the different forms of industrial real estate.  This post addresses our current market for buildings. This is against the background understanding of “Value” (see yesterday’s post), which is a function of what matters to you and how available it is to [...]

Author: Wayne Kress