Bakersfield Investor Group Buys 85,000 SQFT Lumberjack Square Retail Center for $11.7MM, 22% Below Asking

A local partnership closed on the fully leased Lumberjack Square shopping center in Bakersfield for $11.7 million, roughly $3.4 million under the price the seller sought when the property hit the market last year. The 85,031-square-foot retail center at 7701 White Lane traded on June 23, 2026, to a group of three Bakersfield-based entities: Marahd […]