Richmond/San Pablo

East Bay - CA USA - Industrial Submarket

Industrial real estate intelligence for the Richmond/San Pablo submarket. 19.3M SF of inventory with 9.1% vacancy. Data sourced from various MLS platforms.

19.3MSF

Inventory

1.8MSF

Available

9.1%

Vacancy

9.1%

Availability Rate

$15.73

Asking Rent

-1.5%

Rent Growth

-118,537SF

12mo Absorption

78KSF

Under Construction

Market Metrics

12mo Delivered

0 SF

Under Constr % of Inv

0.4%%

Sale Price/SF

$235

Cap Rate

5.9%%

12mo Sales Volume

$37,165,376

Sales Vol Growth

-86.6%

Asset Value

$4,555,888,538

Net Absorption

-118,537 SF

Recent DC Sales in Market

PropertyPriceSFBuyer
T5 @ Silicon Valley$60.0M128,566T5 Data Centers

Available DC Space in Market

PropertyAvail SFRentOwner
Berkeley Art Complex7,000$15.00-
44235 Nobel Dr34,543$22.20Sagard Real Estate

Data Centre Development Potential

High vacancy (9.1%) in Richmond/San Pablo may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 78K SF indicates developer confidence in the submarket. Negative absorption of 119K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.

Luke Tatman

Evaluating Richmond/San Pablo 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.