http://www.free-press-release-center.info Latest press releases for bakersfield retail pads from the Free Press Release Center http://www.free-press-release-center.info/pr00000000000000010227.html Highland Development Company sold two newly built, single-tenant leased buildings currently occupied by Carl’s Jr. and soon to be occupied by AutoZone at its new 84,500-square-foot mixed-use retail/office project located at the southwest corner of Panama Lane and Wible Road in Bakersfield, Calif. The purchase price for both assets was approximately $3.46 million, representing a 5.34% cap rate.