Wonderful Real Estate sold two large parcels and a 1M SF industrial property at its 1,700-acre Wonderful Logistics Center in Shafter, California, just north of Bakersfield.
Wonderful Real Estate, an arm of Los Angeles-based consumer products firm The Wonderful Co., sold the industrial facility to an undisclosed "global technology and e-commerce company," according to a release.
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The building marks the buyer's third facility at Wonderful Logistics Center and brings its total footprint at the Central Valley industrial center to nearly 5M SF.
Amazon was an existing tenant at the campus before the latest sale and has been on a leasing and buying spree in California as it scales up its rapid delivery service.
Tire manufacturer Michelin purchased 100 acres and plans to develop three warehouses and distribution facilities that will total more than 1.6M SF to expand its western region distribution footprint.
Wonderful Real Estate also sold 20 acres to RLCold, an Atlanta-based cold storage developer. RLCold plans to build a 317K SF cold storage facility that will be leased long term to dairy products company Lactalis. The facility will support Lactalis’ production facility 55 miles north in Tulare and will function as its new western region distribution hub.
“The decision by multiple global industry leaders to make significant, long-term investments at Wonderful Logistics Center demonstrates that the Central Valley can compete for — and win — the most sophisticated logistics operations in the world,” Wonderful Real Estate President Joe Vargas said in a statement.
Recent leases inked at the growing Central Valley logistics hub include 350K SF for a UK-based food and beverage conglomerate, which is expanding from a short-term lease of 190K SF at the logistics center.
Ross Dress For Less signed a 10-year lease for an additional 250K SF, bringing the off-price clothing company’s footprint at Wonderful Logistics Center to more than 3.6M SF across three buildings. Wonderful Real Estate expects to deliver the new space to Ross in the third quarter of 2027.
Companies have signed on for more than 17M SF of industrial space at Wonderful Logistics Center, and there’s another 40M SF of space planned in future development. The center broke ground in 1999 and houses major operations for Target, FedEx, American Tire, Walmart, Amazon, ADT and Smucker's.
The Bakersfield area remains a strong value proposition for companies seeking to grow their western region logistics and distribution hubs in Central California, researchers at Colliers reported. Industrial vacancy remains high at 9.5%, but there was more than 1.5M SF in annual net absorption in the first half of 2026.
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