Prologis Breaks Ground on Fully Preleased 203,000 SQFT Bayside 55 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
On the RET wire
- 29 stories mentioning Prologis on the wire in the past 90 days. Prologis coverage →
Computed from Real Estate Trail’s own tracked coverage
Prologis has started construction on a 203,120-square-foot industrial building on Bayside Parkway in Fremont that a confidential tenant leased in full before the first shovel hit the dirt, as the world's largest indus…
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