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Aera is a participant in Newport Banning Ranch, LLC, which has submitted a proposal to build 1,375 homes, parks, a coastal inn, and a small commercial center on about 153 acres (0.62 km 2) of the site, while preserving and restoring more than 55 percent of the property for open space and wildlife habitat uses.
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
The Southwest contains major residential, commercial, and industrial sectors, as well as parks, shopping districts, and a four-year university. Most of the land that makes up the region was originally owned by the Kern County Land Company. That company later became Tenneco West and is currently known as Castle and Cooke.
From stock market news to jobs and real estate, it can all be found here. ... The disgraced music mogul listed his Calif. home, which was raided by federal agents in March, for sale on September 8.
Valley Plaza Mall is a shopping mall in Bakersfield, California. It is the largest mall in the San Joaquin Valley. [2] The mall is situated near California State Route 99, the city's main north–south freeway. [3] Anchor stores are Forever 21, JCPenney, Macy's, and Target.
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