For Sale
Oakland · 5,100 SF · Lot 6,500 SF
Bay Area Industrial · I-880 Corridor
I-880 Corridor Industrial Real Estate
Industrial sales and leasing along I-880 from Oakland to Milpitas, from Jeffrey Ida and Brendan Gallagher, Founding Principals of The Ida Group at Lee & Associates – San Francisco. Private-owner industrial sales and leasing across the Bay Area. Most of our assignments are 2,000–75,000 SF buildings and $1M–$20M sales: warehouses, yard and industrial outdoor storage (IOS) sites, owner-user buildings, small-bay multi-tenant properties and sale-leasebacks.
Closed transactions
27
Sales volume
$68.7M
Owner-user sales
7
Largest sale
$15M
01 — The corridor
Industrial brokers for the I-880 corridor
Oakland · San Leandro · San Lorenzo · Hayward · Union City · Fremont · Newark · Milpitas
I-880 is the Bay Area’s main industrial spine: about 176 million SF of industrial space in the Oakland, San Leandro, Hayward, Union City and Fremont/Newark submarkets alone, plus Milpitas at the south end. It connects the Port of Oakland to Silicon Valley.
We have closed 27 transactions along the corridor: 17 sales totaling $68,714,000 and 10 leases. 7 sales went to owner-users, and 12 deals have closed since January 2024.
02 — Track record
Every I-880 deal we’ve closed
| Year | Property | City | Deal | Building | Sale Price |
|---|---|---|---|---|---|
| 2026 | 2717 Peralta Street | Oakland | Industrial Lease | 23,000 SF | Leased |
| 2026 | 401 McCormick Street | San Leandro | Industrial Lease | 5,900 SF | Leased |
| 2026 | 2222 E 12th St | Oakland | Industrial Sale | 10,000 SF | $500,000 |
| 2026 | 7303 Edgewater | Oakland | Industrial Lease | 11,317 SF | Leased |
| 2025 | 920-928 E 12th StreetOwner-user | Oakland | Sale | 7,000 SF | $1,200,000 |
| 2025 | 2303-2311 Martin Luther King Jr WayOwner-user | Oakland | Sale | 5,000 SF | $1,100,000 |
| 2025 | 2821 Union Street | Oakland | Industrial Lease | 8,000 SF | Leased |
| 2025 | 2305 Chestnut Street | Oakland | Industrial Lease | 6,000 SF | Leased |
| 2025 | 483 McCormick Street | San Leandro | Industrial Lease | 5,960 SF | Leased |
| 2024 | 2896 Ford StreetOwner-user | Oakland | Industrial Sale | 5,000 SF | $1,250,000 |
| 2024 | 2850 Poplar Street | Oakland | Industrial Lease | 6,000 SF | Leased |
| 2024 | 1001 24th Street | Oakland | Industrial Lease | 12,260 SF | Leased |
| 2023 | 3433 Chestnut StreetOwner-user | Oakland | Sale | 27,559 SF | $3,550,000 |
| 2023 | 1167 65th Street | Oakland | Sale | 17,280 SF | $2,900,000 |
| 2023 | 22351 Mission BlvdOwner-user | Hayward | Sale | 8,952 SF | $1,100,000 |
| 2023 | 900 52nd Avenue | Oakland | Lease | 5,068 SF | Leased |
| 2023 | 426 E 11th Street | Oakland | Lease | 4,800 SF | Leased |
| 2021 | 2300 Polvorosa Avenue | San Leandro | Industrial Sale | 75,414 SF | $15,000,000 |
| 2021 | 1515 Aurora Drive | San Leandro | Sale | 18,040 SF | $3,250,000 |
| 2021 | 488 Hester Street | San Leandro | Sale | 20,160 SF | $3,010,000 |
| 2021 | 36527 Fremont BlvdOwner-user | Fremont | Industrial Sale | 3,012 SF | $1,525,000 |
| 2019 | 1641-1695 Industrial Parkway West | Hayward | Retail Sale | 40,852 SF | $12,950,000 |
| 2018 | 2828 Ford StreetOwner-user | Oakland | Industrial Sale | 30,130 SF | $6,600,000 |
| 2017 | 3875 Telegraph Avenue | Oakland | Office Sale | 13,052 SF | $4,500,000 |
| 2017 | 22648-22664 Mission Boulevard | Hayward | Retail Sale | 7,920 SF | $1,200,000 |
| 2016 | 26250 & 25965 Industrial Boulevard | Hayward | Retail Sale | 10,184 SF | $6,679,000 |
| 2016 | 29425 Ruus Road | Hayward | Industrial Sale | 15,600 SF | $2,400,000 |
Source: The Ida Group closed-transaction ledger, 2007–2026. Sale prices are recorded closing prices; lease terms are confidential. Owner-user = sold to a buyer who occupies the building. Transactions before 2023 closed while the team was at its prior firm; the team joined Lee & Associates – San Francisco in 2023.
03 — On the market now
Current I-880 listings
04 — Market snapshot
I-880 industrial by submarket, Q2 2026
| Submarket | Inventory | Direct vacancy | Total vacancy | Asking rent /SF/mo NNN | Q2 net absorption |
|---|---|---|---|---|---|
| Oakland | 34.5M SF | 10.0% | 11.1% | $1.40 | −420,123 SF |
| San Leandro / San Lorenzo | 24.6M SF | 7.8% | 10.5% | $1.60 | −128,607 SF |
| Hayward | 44.0M SF | 9.5% | 11.6% | $1.35 | +19,327 SF |
| Union City | 14.3M SF | 6.8% | 8.5% | $1.35 | −197,460 SF |
| Fremont / Newark | 58.9M SF | 5.9% | 7.3% | $1.70 | +233,520 SF |
| Milpitas (warehouse)* | 5.0M SF | 7.1% | — | $1.62 | −120,495 SF YTD |
Vacancy tightens as you move south: 10.0% direct in Oakland, 5.9% in Fremont/Newark. Rents follow the same pattern. Year-to-date East Bay industrial sales volume is up 84.3% over last year.
Sources: Kidder Mathews, East Bay Industrial Market Report, Q2 2026; *Kidder Mathews, Silicon Valley Industrial Market Report, Q2 2026 (warehouse category; availability 11.7%).
How we sell
What an owner gets from us
A number built from closed sales
We price from recorded sales, not asking prices, and show you the addresses, prices, building SF, land SF and $/SF behind it. On yard and low-coverage sites we value the land separately.
The principals do the work
Jeffrey Ida and Brendan Gallagher price the property, run every tour and negotiate every offer. You get a written update every week.
The right buyer pool
Buildings under about $20M mostly sell to owner-users and private investors, not institutions. We market on CoStar, LoopNet and Crexi and go direct to our private-buyer list, backed by the national Lee & Associates platform.
The Team
The Ida Group · Lee & Associates – San Francisco
The Ida Group is part of the Lee & Associates – San Francisco office at 242 California St. Founding Principals Jeffrey Ida and Brendan Gallagher lead every assignment.
More markets
San Leandro · Oakland · Hayward · Fremont · Milpitas · East Bay · South Bay · San Francisco · All Bay Area Industrial
Own industrial property in I-880 Corridor?
The Ida Group · Lee & Associates — San Francisco
242 California St, San Francisco, CA 94111
242 California St, San Francisco, CA 94111
© 2026 The Ida Group at Lee & Associates. All rights reserved.