99,000 SF Ground-Up Industrial Development
- Acquired 4.3 acre industrial development site in May 2023.
- The asset was purchased after several failed marketing attempts from owner/occupant Fremont Bank who will lease the two existing office buildings short term while entitlements are received. Project is a speculative development with delivery anticipated for Q1 2026.
- The Property is located in highly supply constrained infill Hayward submarket and benefits from being less than 1/2 mile from first exit off Hwy 92 and I-880 interchanges and surrounded by new development by several institutional owners along the street. Additionally, the site benefits from high identity corner entrance into Diablo Industrial park at corner of Diablo Ave and Clawiter Roads.