Stockdale Fashion Plaza Sale Closes
Cypress Retail Group represented Mt. Vernon Associates, LLC in their acquisition of Stockdale Fashion Plaza in Bakersfield, CA. With over 51,000 SF of space, the property is situated along heavily travelled Stockdale Highway at a signalized intersection just east of California Avenue, directly across the Street from Stockdale Plaza, anchored by Bed Bath & Beyond, Smart & Final, ALDI, CVS, In-N-Out and Chick-Fil-A, among others. Considered a value-add opportunity, the site has an oversized parking field and the ability to accommodate a wide range of both retail and service/office uses. Matt Haas and Bob Haas of Cypress Retail Group represented the buyer in this transaction and will also be handling the leasing efforts for the property.