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Local real estate firm helps makes sale in Bakersfield

Progressive Real Estate Partners in Rancho Cucamonga has helped arrange the sale of a Bakersfield property occupied by Chase Bank.

A San Bernardino County investor whose name was not released bought the parcel for $2.9 million, according to a statement released Feb. 21 by Progressive.

The seller was a local investor. The property, at Oswell Street and Mall View Road, includes a drive-thru ATM.

Progressive represented buyer. Hanley Investment Group in Corona del Mar represented the seller, who also wished to remain anonymous.

Built two years ago, the 3,576-square-foot bank building is at 2631 Oswell St., next to Highway 178. Nearby retailers include Banfield Pet Hospital, Domino’s Pizza, Goodwill, and U.S. Bank.

More than 40,000 vehicles pass by the site – which is near Bakersfield Community College and Kern Medical Center – on a typical day, according to the statement.

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