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San Bernardino is experiencing a resurgence. Facilitated by support from the local government, the market growth is driven by an expanding population and job market. The trend has proven to be a winning combination for retail, and investors are showing up to take advantage of opportunities. An example of the trend, Wood Investment Cos. has acquired a grocery-anchored two-tenant retail property in the San Bernardino submarket. The property totals nearly 94,000 square feet on 7.45 acres.

“San Bernardino is seeing a revitalization that Wood Investments Cos. wanted to be a part of,” Patrick Wood, managing general partner of Wood Investment Cos., tells GlobeSt.com. “The key tenants of Food 4 Less and Ross further emphasized how much potential this property has in the near and long term. We are eager to get to work with the city and the new tenants to bring further revitalization to downtown San Bernardino.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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