BAKERSFIELD, CA—As GlobeSt.com previously reported, Roll Real Estate Development LLC, the commercial real estate development division of Roll Global, recently broke ground at CrossRoads Business Park. The new master-planned business park will offer build-to-suit or speculative office, retail, medical and light-industrial facilities for lease or sale on land parcels ranging from 1.5 to 16 acres.
In an update to that story, John Balestra, president of Roll Real Estate Development, tells GlobeSt.com that the company has experienced steady growth in development over the past six months and has hired two executives to supplement the increased activity.
John Guinn, the former city manager for the City of Shafter, recently joined Roll Real Estate as VP of forward planning, and brings more than 30 years of experience in city planning. His primary focus will be on the future development plans and build out of Paramount Logistics Park in Shafter, CA.
Brian Dollar joined the Roll Real Estate executive team as director of development this past July. Dollar was previously West Coast Development Manager at Rockefeller Group, and will oversee and manage the 80-acre CrossRoads Business Park project.
“We are setting a standard for quality and efficient development, while making an impact on the markets in the West,” says Balestra. “This new CrossRoads Business Park will mirror the development process that we execute at Paramount Logistics Park, just on a more local Bakersfield scale. The park is planned to include numerous businesses and can accommodate up to 900,000 square feet of commercial and industrial development once it's complete.”
As development gets underway at CrossRoads Business Park, high-volume of leasing and development activity continues at Paramount Logistics Park and the nearby North Meadows Business Park, he tells GlobeSt.com.
The company is actually still growing and is currently in search of a director of real estate to focus on acquisitions and asset management to drive continued growth.
Roll Real Estate Development is a division of Roll Global, a $3 billion privately-owned consumer goods company and one of the largest owners of agricultural land in California.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
