Unlocking Potential: Exploring Central California’s Booming CRE Market
California’s Central Valley is not just the heartland of agriculture; it’s also emerging as one of the nation’s most dynamic commercial real estate markets. In AIR CRE’s recent Town Hall, Jennifer Faughn, Executive Director of California Central Valley EDC, and her team provided an in-depth look at the region’s growth and development, showcasing the diverse opportunities and projects driving the Central Valley’s economic engine.
Central Valley Overview
The Central Valley, spanning from Bakersfield to Stockton, is home to 4.3 million people and sits at the heart of California’s economy. Its strategic location between major economic hubs like the Bay Area and Los Angeles makes it a prime destination for commercial investment. The region boasts extensive transportation infrastructure, including major freeways, railroads, and access to ports like Oakland and Stockton. With three metro passenger airports and numerous educational institutions, including public universities and community colleges, the Central Valley offers a robust workforce and opportunities for career technical education.