University Office Center is a master planned Class A office development that focuses on bringing innovative and sophisticated architectural design along with the latest in sustainable strategies and conservation to Bakersfield’s office market. It is to be constructed in three phases and, at total build-out, will include three professional office buildings and a total of 285,000 square feet on 12 acres of land. The initial building will be three stories and contain approximately 60,000 square feet. The building is targeted for LEED Silver or Gold certification.
Location of the University Office Center is key. The development is centrally located within the University Center submarket, which currently has zero vacancy and includes major tenants such as State Farm Insurance, Aera Energy, Chevron, California Resources, Mercy Southwest Hospital, as well as major national stock brokerages and a host of other office tenants.
University Office Center is located on the California State University, Bakersfield campus, which provides the opportunity for academic and business partnerships that benefit building tenants as well as the students and academic goals of the university. The project is also adjacent to The Marketplace, Bakersfield’s premier neighborhood shopping center, which provides less than five minute walking access to restaurants, banking, grocery, drug and other retail stores as well as numerous service tenants.
Other key features of the development include convenient access to public transportation and the city’s bike path with onsite bicycle parking enclosure and indoor showers as well as many onsite energy, water and cost saving amenities and technologies.
|Rental Rate:||To Be Determined|
|TI Allowance:||$45 / square foot|
|Available Space:||Up To 285,000 square feet
Phase 1 -- Up To 60,000 square feet
|Parking:||4 spaces per 1,000 square feet|
Colliers International Group Inc. (NASDAQ: CIGI) is a global leader in commercial real estate services with more than 16,300 professionals operating from 502 offices in 67 countries. With an enterprising culture and significant insider ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide across a broad range of property types. The Bakersfield office opened in 1980 and was formerly known as Charles Tingey Associates.
Gregory D. Bynum & Associates, Inc.
Gregory D. Bynum and Associates, Inc., established in 1981, is a full service real estate company specializing in commercial real estate development, appraisal-analysis, consultation, property management and brokerage services in Bakersfield and surrounding areas. Over the years, the firm has earned a reputation as an expert in Kern County's real estate market and a leader in commercial real estate development. To date, Bynum & Associates’ development portfolio includes over one million square feet of buildings, and, currently, the company manages more than 800,000 square feet of office, retail and medical space.
Delawie is an Architecture and Interior Design Firm that has been a leader in design and innovation for over 50 years. Delawie strives to create an experience that aligns with the client’s vision while being conscious of the project’s style, priorities and budget. Delawie serves the greater community with expertise in hospitality, education, corporate and environmental design.