San Leandro Industrial Real Estate
Warehouse and industrial sales and leasing in San Leandro and San Lorenzo, 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.
Industrial brokers for San Leandro owners
San Leandro sits on the I-880 corridor between Oakland and Hayward, with about 24.6 million SF of industrial space in the San Leandro / San Lorenzo submarket. Most of it is the kind of property we handle every day: 5,000–75,000 SF warehouses, owner-user buildings, small-bay multi-tenant buildings and yard sites.
We have closed 5 San Leandro transactions: 3 sales totaling $21,260,000 and 2 leases, including the $15,000,000 sale-leaseback of 2300 Polvorosa Ave (75,414 SF). We are marketing 451 McCormick St and 2229 Washington Ave now.
Every San Leandro deal we’ve closed
| Year | Property | City | Deal | Building | Sale Price |
|---|---|---|---|---|---|
| 2026 | 401 McCormick Street | San Leandro | Industrial Lease | 5,900 SF | Leased |
| 2025 | 483 McCormick Street | San Leandro | Industrial Lease | 5,960 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 |
Nearby: Oakland and Hayward
| Year | Property | City | Deal | Building | Sale Price |
|---|---|---|---|---|---|
| 2026 | 2717 Peralta Street | Oakland | Industrial Lease | 23,000 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 |
| 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 |
| 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.
Current San Leandro listings
San Leandro industrial, Q2 2026
| Submarket | Inventory | Direct vacancy | Total vacancy | Asking rent /SF/mo NNN | Q2 net absorption |
|---|---|---|---|---|---|
| San Leandro / San Lorenzo | 24.6M SF | 7.8% | 10.5% | $1.60 | −128,607 SF |
| Oakland | 34.5M SF | 10.0% | 11.1% | $1.40 | −420,123 SF |
| Hayward | 44.0M SF | 9.5% | 11.6% | $1.35 | +19,327 SF |
San Leandro’s direct vacancy (7.8%) is below the East Bay average of 8.7%, and its asking rents ($1.60/SF/mo) are above it ($1.44). Year-to-date East Bay industrial sales volume is up 84.3% over last year.
Source: Kidder Mathews, East Bay Industrial Market Report, Q2 2026.
What an owner gets from us
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.
Oakland · Hayward · I-880 Corridor · Fremont · Milpitas · East Bay · South Bay · San Francisco · All Bay Area Industrial
Own industrial property in San Leandro?
242 California St, San Francisco, CA 94111