Wonderful Company Adds Amazon to its Tenant Roster at Wonderful Industrial Park
SHAFTER, Calif., March 08, 2021 (GLOBE NEWSWIRE) -- Wonderful Real Estate Development has landed Amazon as an anchor tenant at Wonderful Industrial Park (WIP) on the heels of Walmart Inc. taking occupancy at the industrial commerce park – one of the largest in the Western U.S.
Amazon leased a 1 million-square-foot building on 72-acres located at 4500 Express within Wonderful Industrial Park, and joins other large occupiers in the park such as Ross Stores with +3 million square feet on 130 acres, Target’s 2 million square feet on 80 acres and, Walmart at 630,000 square feet and 80 feet of clear height on 60 acres. Walmart’s new state of the art grocery-focused distribution center incorporates the most sophisticated automated sorting equipment and systems in the industry.
Amazon intends to use the facility as a distribution center to sort and ship items including apparel, accessories, and footwear to customers across the region. The site will create more than 1,000 full and part-time jobs, paying a minimum of $15 per hour. The facility will also look to hire highly skilled labor in roles overseeing human resources, finance, operations management, and information technology.
With Amazon, WIP is now approaching 10 million square feet of occupied space. Other WIP occupants include Essendant (Staples, Inc), American Tire Distributors, Formica, and Hillman as well as other 3PLs who have found WIP’s location and amenities extremely profitable.
“Despite Covid-19, the commercial real estate story of 2020 and the first quarter of 2021 continues to be how hot the industrial market is, with tenants like Ross, Walmart and now, Amazon, choosing to locate these major mission-critical facilities at WIP in consecutive years. It not only validates our location and development model, but adds an exclamation mark to industrial activity across the U.S.,” said Joe Vargas, President of Wonderful Real Estate Development.
In the first quarter of 2021, Wonderful will also break ground on its latest speculative development, 3800 Fanucchi Way. 3800 Fanucchi Way will feature 1,063,000 square feet, 40 feet of clear height, 215-dock high doors, and parking expandable to 1,000 stalls to accommodate trailers and employee spaces. The building will be delivered in the fourth quarter 2021. This facility will be located on a 70-acre site with a building-to-site coverage of 35%.
About Wonderful Industrial Park
WIP is a fully-entitled 1,625-acre, world-class distribution center located approximately 100 miles north of Los Angeles. The park is a rail-served industrial development, entitled for 26 million square feet, with nearly 10 million square feet completed and under operation to date.
The property is minutes from Hwy-99, I-5 and Hwy-58 and offers convenient port access to the Port of Los Angeles, the Port of Long Beach and the Port of Oakland. The industrial park’s location allows access to 14 percent of the U.S. population within 300 miles and same-day delivery to 30 million Californians. It has a FedEx Ground hub onsite and is near a UPS ground hub in Bakersfield, CA with Meadows Field Airport located only seven miles away.
The park features an onsite rail yard with more than 17,000 feet of track able to accommodate unit trains with direct access to Burlington Northern Santa Fe (BNSF) Railway’s mainline.
For more information visit: http://www.wonderfulindustrialpark.com/tour-the-park.html
Contact: Erin Poulson Morris 310.966.5748 or firstname.lastname@example.org