Real Estate/Development
Nov. 2, 1999
Oil company mergers leave office space on the market
Commercial real estate in Bakersfield is a study in contrasts. In office buildings, there has been significant play, especially in Class A space, where overall vacancy is high. Industrial property vacancy is low, but most new construction is build-to-suit. Retail is the most active property type in terms of new tenants and new centers.
Commercial real estate in Bakersfield is a study in contrasts. In office buildings, there has been significant play, especially in Class A space, where overall vacancy is high. Industrial property vacancy is low, but most new construction is build-to-suit. Retail is the most active property type in terms of new tenants and new centers.
Office vacancy rates in the central business district range from 4.2 percent for Class A space to 5.8 percent overall, according to statisti...
Office vacancy rates in the central business district range from 4.2 percent for Class A space to 5.8 percent overall, according to statisti...
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