Apple Renews 103,000 SQFT at BlackRock’s The Crossings @ 880 in Fremont
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
Editorial analysis · Real Estate Trail Editorial
Apple has renewed 102,919 square feet at 48888 Fremont Boulevard, the middle building of BlackRock's three-building The Crossings @ 880 campus, holding its place in Fremont's tight industrial market just weeks after W…
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