Hayward/Castro Valley
East Bay - CA USA - Industrial Submarket
Industrial real estate intelligence for the Hayward/Castro Valley submarket. 49.0M SF of inventory with 12% vacancy. Data sourced from various MLS platforms.
49.0MSF
Inventory
6.6MSF
Available
12%
Vacancy
13.4%
Availability Rate
$14.41
Asking Rent
-1.6%
Rent Growth
-1,002,439SF
12mo Absorption
99KSF
Under Construction
Market Metrics
12mo Delivered
0 SF
Under Constr % of Inv
0.2%%
Sale Price/SF
$275
Cap Rate
5.6%%
12mo Sales Volume
$156,223,162
Sales Vol Growth
-16.7%
Asset Value
$13,485,199,651
Net Absorption
-1,002,439 SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| T5 @ Silicon Valley | $60.0M | 128,566 | T5 Data Centers |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| Berkeley Art Complex | 7,000 | $15.00 | - |
| 44235 Nobel Dr | 34,543 | $22.20 | Sagard Real Estate |
Data Centre Development Potential
High vacancy (12%) in Hayward/Castro Valley may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 99K SF indicates developer confidence in the submarket. Negative absorption of 1.0M SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in East Bay - CA USA
Evaluating Hayward/Castro Valley for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.