San Leandro

East Bay - CA USA - Industrial Submarket

Industrial real estate intelligence for the San Leandro submarket. 25.8M SF of inventory with 10.8% vacancy. Data sourced from various MLS platforms.

25.8MSF

Inventory

3.0MSF

Available

10.8%

Vacancy

11.8%

Availability Rate

$13.90

Asking Rent

-1.9%

Rent Growth

-470,199SF

12mo Absorption

0SF

Under Construction

Market Metrics

12mo Delivered

111K SF

Under Constr % of Inv

0.0%%

Sale Price/SF

$249

Cap Rate

5.8%%

12mo Sales Volume

$100,260,000

Sales Vol Growth

137.3%

Asset Value

$6,428,499,289

Net Absorption

-470,199 SF

Recent DC Sales in Market

Property	Price	SF	Buyer
SFO1	$119.3M	26,900	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
Santa Clara Data Center/SFO2-B	$55.0M	128,780	CSquare
Santa Clara Data Center/SFO2-A	$42.0M	95,725	CSquare
SV3	$86.3M	103,420	Invesco Ltd.
3205 Bassett St	$13.3M	33,257	StratCap Digital Infrastructure REIT, Inc.

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
Building II	67,038	$11.31 - 13.82 (Est.)	Helms Development
Building I	195,021	$11.31 - 13.82 (Est.)	Helms Development
9 First American Way	49,382	$16.45 - 20.10 (Est.)	First American Financial Corporation

Data Centre Development Potential

High vacancy (10.8%) in San Leandro may indicate availability of conversion-ready industrial buildings for data centre development. Negative absorption of 470K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.