Miramar-Linked Owner Markets 59,000 SQFT 1801 McCarthy Industrial Building in Milpitas Four Years After $18.55MM Buy
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. Los Angeles is working asset-by-asset through an extended office reset. Hospitality on the West Side and selective industrial in the South Bay are where capital is currently moving; downtown Class B remains in price discovery. 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
- The 18th Los Angeles story tracked on the wire in October 2026. All Los Angeles coverage →
Computed from Real Estate Trail’s own tracked coverage
An entity tied to Los Angeles-based Miramar Acquisitions is seeking buyers for 1801 McCarthy Boulevard, a single-story, 58,750-square-foot industrial building in Milpitas it acquired from a Cullman family partnership…
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