Industry Cap Advisors Buys 48,000 SQFT Huntwood Avenue Industrial Building in Hayward for $10.1MM
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
Industry Cap Advisors paid $10.1 million, or about $212 per square foot, for a 47,814-square-foot industrial building at 30964 Huntwood Ave. in Hayward, buying into the East Bay's largest industrial submarket during a…
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