Joseph M. Vargas, SIOR
Arbitration Co-Chair
Wonderful Real Estate Development
4805 Centennial Plaza Way, Suite 100
Bakersfield, CA 93312
Office: (661) 742-2534
Direct: (661) 829-8104
Cell: (661) 742-2534
Broker/Agent Member since 1995
Joseph Vargas has more than 30 years of experience in the commercial real estate industry, currently serving as President of Wonderful Real Estate Development. In this role Mr. Vargas is tasked with leasing and development of Wonderful Industrial Park a 1,625 Acre development in Shafter/Bakersfield, California, entitled for development of up to 27 million square feet of industrial distribution center product. Wonderful Industrial Park serves as the home to notable clients such as Ross Dress For Less, Target, State Farm, ATD and FedEx. During his career, he has specialized in the marketing, leasing and sales of premier office and industrial projects throughout California. As the former Senior Director of Cushman & Wakefield, Inc.’s Agency Leasing Group, Mr. Vargas managed the marketing and leasing of more than five million square feet of product for institutional and entrepreneurial owners.

Prior to joining Wonderful Real Estate Development, Mr. Vargas served as Executive Vice President – National Advisory at Lee & Associates in charge of opening new offices in Tier 1 cities throughout US. Mr. Vargas also served as the West Region President of Cushman & Wakefield, Inc. His duties included overseeing operations and management of fifteen offices in the Western US, in Washington, Oregon, California, and Arizona, and providing strategic direction in recruiting, retention and business development.

Mr. Vargas is a graduate of the University of California Los Angeles. He is on the Board of Directors of the American Industrial Real Estate Association (AIR), and is a member of the Southern California Chapter of the NAIOP, Urban Land Institute (ULI), CoreNet Global and the Los Angeles Commercial Realty Association (LACRA). He was a two time United States Olympian (1980 & 1984) in the sport of Water Polo and a silver medalist in the 1984 games.