INDUSTRIAL MARKET NEWS NOW – WHAT’S HAPPENING IN ALAMEDA COUNTY

Alameda County

Industrial Market News — Alameda & Greater Bay Area

20,000+ SF SALES / PURCHASES

1. 5901 San Leandro Street, Oakland — 130,513 SF — Sale Price: $31,700,000 — Buyer: 5901 San Leandro Street, LLC — Seller: CenterPoint Properties Trust.
2. 177,041 SF warehouse (East Bay submarket) — 177,041 SF — Sale Price: $59,000,000 ($333/SF) — Buyer: LBA Realty — seller not named in summary. (Cushman & Wakefield roundup of East Bay large sale).
3. 40737 Encyclopedia Circle, Fremont — 81,485 SF — Sale Price: $25,250,000 ($309.87/SF) — Buyer: Arc Capital Partners — Seller: Nuveen.

20,000+ SF LEASES / RENEWALS / OCCUPANCIES

1. 3353 Arden Road / 3363 Arden Road, Hayward (Rivian deal) — ~129,920 SF — Tenant: Rivian Automotive — (direct lease reported as a large East Bay industrial lease).
2. 8350 Pardee Drive, Oakland — 141,844 SF — Tenant/Renewal: Benjamin Moore — (largest renewal reported in the quarter).

BUILD-TO-SUIT & INSTITUTIONAL MOVES

1. Prologis Bayview / San Francisco projects — Prologis pursuing multi-phase redevelopment in Bayview (San Francisco) that could total 2+ million SF of PDR/industrial/warehousing product in multi-story configurations (large institutional development program rather than a single single-tenant sale). This is an institutional pipeline item with major implications for regional product.
2. 3600 Alameda Avenue (29-acre site) — Proposed Prologis redevelopment for Oakland’s largest planned industrial development (project scale: large campus; developer pursuit reported in local trade). This is a major East Bay pipeline site converting an industrial/processing parcel into modern industrial product (multi-building campus).

PIPELINE / LARGE DEVELOPMENT PROJECTS

1. Prologis — Bayview (Toland / Kirkwood), San Francisco — Potential total: 2+ million SF (multi-phase, multi-story PDR/industrial in SF Bayview). Status: entitlement/development planning (major institutional project).
2. Prologis — 3600 Alameda Avenue (Oakland) — 29-acre redevelopment (site conversion to modern industrial). Reported as a large-format redevelopment; SF will be multi-building and is being marketed as Oakland’s large industrial development opportunity. (Exact total SF variable depending on project plan.) East Bay Warehouse Space
3. Saronic / California Forever – Project Gondor (Solano County) — very large maritime / shipbuilding industrial proposal (not Alameda County but a large regional pipeline project with potentially massive scale — noted due to regional supply chain significance). Reported scale and special legislative actions; not a conventional warehouse but strategic industrial.

• Institutional owners (Prologis, LBA, Arc Capital, CenterPoint/CenterPoint affiliates, GLP partners) continue to buy and develop large East Bay assets; those deals support pricing stability for high-quality flex and motivate landlord investment in modern product.

Links

Argossy International Properties
Alameda County Economic Development Dept.
San Francisco Global Tech Hub