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Bitwise offers downtown office buildings for sale


Fresno-based company Bitwise Industries has a three-story office and workforce training space at 18th and H streets, where community members can rent workspace with access to communal areas.

Bitwise Industries listed its two downtown Bakersfield office buildings for sale this week, along with its last remaining Fresno property, in a move that would monetize equity on the heels of $80 million in new investment.

The inclusion of a 15-year lease-back commitment suggests Bitwise won’t pull out of the local market anytime soon, and so the broader significance of Thursday’s listing may be that it will gauge market interest in a workforce training company whose value has reportedly tripled since 2021 to top $600 million.