Formerly Paramount Logistics Park S H AF T ER, C AL IFO R NI A
Rated the Best Place for Logistics SHAFTER, CA YOUR ONE-STOP LOGISTICS SOLUTION in California * *Boyd Company Logistics Study, 2015 W nderful Industrial Park (WIP) is a new West Coast Hub with 1,625 acres of fully entitled property. This master-planned commercial development project is located in Shafter, California (just outside Bakersfield). Here is why 500 acres have already been developed for companies: Low transportation costs and good highway access Competitive real estate pricing and limited regulatory hassles Hourly wages far below those in peer cities, minimizing labor costs Build-to-suit industrial facilities available from 100,000 to 2.8 MM SF 1
YOU ARE ONLY AS GOOD AS THE COMPANY YOU KEEP 2.0 MM S.F. Find out why America s leading companies chose us to serve their national and international needs. 215,000 S.F. Target, Ross, State Farm, The Hillman Group, MRC Global, and many others rely on W nderful Industrial Park. Our accessible location, abundant workforce, and development-friendly environment enable companies large and small to operate efficiently with lower net-to-gross costs. 1.12 MM S.F. American Tire Distributors recently expanded their WIP facility from 350,000 to 1 MM SF, utilizing our proximity to the Western 13 states to drastically reduce overall inventory needs and lower transportation costs throughout the Western U.S. 84,000 S.F. You can t beat this neighborhood. Cost of living in nearby Bakersfield is lower than the Inland Empire. Quality schools and affordable homes mean a higher quality of life for workers. 2 1.7 MM S.F.
WE RE LOCATED IN THE MIDDLE OF EVERYWHERE 70 MM+ consumers within two-day truck turn W nderful Industrial Park is a 1-day truck turn from 35 MM customers. And we re a 2-day truck turn from 70 MM+. You won t find a location with better access to the Western 13. 35 MM California consumers within one-day truck turn Shortest average weighted distance to Western U.S. markets compared to competing locations Easy highway access to I-5 and Hwy 99 (north-south) and direct access to Hwy 58 (east-west) Multiple-port access: 2 hours from Ports of L.A./Long Beach and 4 hours from Port of Oakland On-site FedEx Ground sort hub; less than 20 minutes from UPS Ground hub Best access to West Coast Ports and Western U.S. Population Minutes from Meadows Field Airport On-site connectivity to BNSF Railway Foreign-Trade Zone 276 is ready for activation so importers can defer import duties/tariffs until the imported products enter U.S. commerce Direct highway access Access to Los Angeles and Oakland ports Minutes from Meadows Field Airport On-site FedEx Ground facility 5
A WORKFORCE THAT WORKS IN YOUR FAVOR With abundant labor, low overall labor cost, and the lowest cost of living, you ll have a workforce you can rely on. Nearly 700,000 residents within 25-mile radius High-quality seasonal labor force with availability complementary to seasonal warehouse labor demand capable of supporting up to 500 MM SF of industrial space Lowest wage rates in California compared to competitive set of industrial locations, according to JLL Reverse Location Selection Analysis #1 metro area for fastest-growing workforce with entry level workforce expected to grow 22% in the next 10 years Bakersfield ranked #19 on Milken Best Performing Cities in the U.S. in 2013 6 7
BUILT TO SUIT MODERN BUSINESS The growth of ecommerce and the general increase in consumer distribution channels have led to a shift in distribution needs for large retailers Omnichannel distribution centers (DCs) which distribute product to smaller regional and local warehouses, retail locations, and direct to consumers require different characteristics than traditional industrial warehouse facilities: 36' to 40' clear heights Flexible floorplans to accommodate different warehouse management systems and conveyance equipment FIBER OPTIC NETWORK Best-in-class, fastest data access Larger site areas to allow for additional trailer storage and parking for larger employee pools City fiber ring redundant with AT&T network Compatible with multiple carriers 10Gbps bandwidth easily upgradable to 40Gbps 9
LOW NET-TO-GROSS COST DEVELOPMENT- FRIENDLY ENVIRONMENT For most use cases, California s Central Valley offers the lowest total cost of operations. Here you ll find the lowest labor costs and attractive government incentives. Employees also enjoy the region s economic benefits, with the best wage-to-living-standard ratio of any major logistics hub in the Western 13: Lowest labor cost in Western U.S. Lower property taxes Lower insurance Lower common area charges Competitive rent Tax incentives for California sales Inland port helps lower drayage costs SHAFTER, CA Cost of living 16% lower than Los Angeles Cost of living 5% lower than Inland Empire A streamlined permitting process is just part of our attractive business climate. The city of Shafter is an entrepreneurial, business-friendly location that provides several significant benefits to developers and corporate users Expedited development plan check process Reduced overall development times Low development impact fees Hiring and other tax credits Job training and job search assistance provided by business-friendly Kern County Active business development efforts through Kern Economic Development Corporation Cost of doing business is 85% of the national average 10 11
WHO WE ARE W nderful Real Estate is a division of The W nderful Company, a $4 billion+ privately owned consumer goods company and the largest owner of agricultural land in California. We own and manage three business parks in the Central Valley totaling more than 1,800 acres. We can provide a range of services, including help with legal services, financing, engineering, construction, and employment. LOS ANGELES 11444 West Olympic Boulevard, 10th Floor Los Angeles, CA 90064 310.966.2822 BAKERSFIELD 4805 Centennial Plaza Way, Suite 100 Bakersfield, CA 93312 661.829.8100 12 wonderfulindustrialpark.com We have invested more than $700 million in capital projects over the past 5 years.
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