Our Story

Building Wonderful for 50 Years

As part of The Wonderful Company, our park and tenants benefit from our 50 years of experience as one of the largest owners and operators of farming and business properties in the Central Valley and around the world.

Wonderful Real Estate is our professional real estate development and property management company. It develops, constructs, acquires, and manages a diverse portfolio of real estate focused on industrial, research and development/flex, manufacturing, and office properties.

Well Connected

We have strong relationships with national and local contractors and real estate professionals. We manage, build, and finance our operations right here in the Central Valley.

Locally Invested

We have invested more than $3 billion in capital projects and we own and manage nearly 10 million sq. ft. of commercial real estate, primarily in California.

Logistics Experts

As one of the largest agricultural landowners in California, we are industrial users ourselves. Our globally recognized consumer packaged goods (CPG) experience offers us insights into the creation of these facilities.

We Are Part of The Wonderful Company

Founded by entrepreneurs Stewart and Lynda Resnick, The Wonderful Company is a privately held global company committed to offering high-quality, healthy brands, as well as helping consumers make better choices, every day.

  • 10,000+ employees

  • 134 locations worldwide

  • $2.5BN in philanthropic giving

Wonderful Brands

Our History

From Small Things
Big Things Grow

General planning of the initial park begins with John Guinn, City Manager for the City of Shafter.



The Allen Group builds the first warehouse.

Target builds a ~2MM sq. ft. facility.



Wonderful buys the development, known at the time as the International Trade and Transportation Center, and renames it Paramount Logistics Park.

Ross purchases 160 acres and builds a 1.8MM sq. ft. building.



Ross begins operations.

FedEx purchases 21 acres to build a 210,000 sq. ft. facility.



John Guinn joins Wonderful Real Estate Development (WRED).

FedEx facility opens.



WRED develops a 1MM sq. ft. build-to-suit for American Tire.

Essendant signs a build-to-suit lease for a 405,000 sq. ft. building.



Ross leases a 1MM sq. ft. spec building.

Walmart opens a prototype 700,000 sq. ft. automated refrigerated warehouse.



Amazon leases a 1MM sq. ft. spec building.

J.M. Smucker leases a 1MM sq. ft. spec building (operated by CJ Logistics).



Wonderful Career Center opens.

GAF leases a 310,000 sq. ft. spec building.



WRED begins development on its latest 1MM sq. ft. spec building, 5104 Express Ave.

California’s Central Valley

Doing Well by Doing Good

It has always been our mission to play an active role in investing in the Central Valley communities where we live and work because we believe a thriving community is a productive community. We continue to invest in education, environmental sustainability, health care, and economic mobility through purposeful sustained investments.