Shopping Center

Rosedale Village Shopping Center - BAKERSFIELD, CA

Arixa Capital Rosedale Acquisition

ACQUISITION

What we saw: A tired-looking shopping center on a 50,000 car-per-day intersection in booming Northwest Bakersfield. We purchased the property at approximately $150 per sq ft, well below replacement cost and the sales prices of similarly-located shopping centers before and since. The property has delivered steady cash flow since acquisition and has strong long-term potential given its excellent location.

Shafter Almond Orchard - SHAFTER, CA

Arixa Capital Rosedale AcquisitionACQUISITION

What we saw: A 46-acre commercially-zoned parcel located within the City limits of the rapidly growing town of Shafter, California. The site is bordered by State Highway 46 and Santa Fe Way, a busy county road leading back to West Bakersfield. The property generates solid cash flow and will eventually be redeveloped into a shopping center.