LBA Logistics Pays $15MM for 52,000 SQFT Industrial Building in Union City
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
On the RET wire
- Disclosed industrial deal value tracked in November 2026: $417.2M across 7 reported transactions. All Industrial coverage →
Computed from Real Estate Trail’s own tracked coverage
LBA Logistics paid $15 million, or about $286 per square foot, for a 52,476-square-foot industrial building at 2910 Faber St. in Union City, planting a flag in the East Bay's tightest major industrial submarket even a…
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