Kern County
Pentagon Steers $29.3MM to California Base Towns for Jolon Road, Edwards Training Hangar and Twentynine Palms Access
The Department of War committed $29.3 million in Defense Community Infrastructure Program grants to three California base communities, bankrolling a rebuild of the...
Central Valley Multifamily Holds Steady as Construction Pipeline Swells 44%, Led by Bakersfield
The Central Valley's apartment market absorbed all of its renter demand within existing inventory during the second quarter as vacancy tightened and rents...
Amazon Acquires 1,088,000 SQFT Class A Distribution Facility at Wonderful Logistics Center in Shafter
The Wonderful Company has sold its newly completed warehouse at 5104 Express Avenue in Shafter — a 1,088,047-square-foot speculative building at its Central...
California Jobs First Steers $48.5MM to Aerospace, Defense and Quantum Across Southern California
Governor Gavin Newsom and the California Jobs First Council awarded $48.5 million to 18 projects statewide, with Southern California's aerospace, defense, quantum and...
Lennar Advances 1,251-Home Shafter Neighborhood Squarely in California High-Speed Rail’s Path
Homebuilder Lennar has secured tentative Shafter approval for the final phase of its Gossamer Grove community, planting more than 1,200 single-family lots directly...
Kern County Pension Commits $160MM to Real Estate Debt, Backing Hudson Bay, TPG and Hines Funds
The $6 billion Bakersfield pension fund split its latest real estate wager across three sharply different lending plays — opportunistic East Coast debt,...
Granite Lands $31MM Early Works Package for Kern County Energy Storage Project
Granite's $31 million grading contract marks the first construction work on the ground for Hydrostor's flagship U.S. compressed air storage facility, a project...
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...
California Sues Costa Mesa, Ridgecrest and Calexico in Five-City Housing Element Crackdown
California's housing regulators dragged three Southern California cities into court over long-overdue housing plans, part of a five-city enforcement sweep that puts local...
California High-Speed Rail Courts Hyperscale Data Centers to Bankroll Stalled Central Valley Line
Facing a $126 billion price tag and the loss of $4 billion in federal funding, California's high-speed rail agency is moving to monetize...
Tejon Ranch Co. and Dedeaux Properties Prepare for Groundbreaking on 510,000 SQFT Industrial Facility in Lebec
New Class A development in Kern County at the crossroads of California’s two major freight corridors adds to a fully leased industrial portfolio...
1.7-Acre Self-Storage Development Site in Bakersfield Sells in Back-to-Back Transactions
Los Angeles, CA – October 27, 2025 – NAI Capital Commercial is pleased to announce Vice President Steven Berman, leader of the NAI...
