Newmark Facilitates Sale of 26-Acre Infill Industrial Development Site in Fremont, California

January 15, 2026 9:00 AM

Newmark announces the Company has arranged the sale of a 26-acre infill industrial development site in Fremont, California.

Newmark Executive Vice Chairman and President, Western Region Capital Markets Steven Golubchik, Vice Chairman Edmund Najera, Managing Director Darren Hollak and Associate Director Brendan Raney represented the undisclosed seller and buyer.

Located at 41777 Boyce Road, the site is zoned General Industrial, providing the buyer with a clear path to industrial redevelopment, which allows for general industrial, manufacturing, wholesale or other related commercial and service uses.

“Industrial development sites of this scale are extremely rare in the Bay Area, and even more so in Fremont,” said Golubchik. “With the 26-acre site already zoned General Industrial, there were no shortage of qualified buyers.”

“This transaction positions the site to support next-generation advanced manufacturing, powered by exceptional infrastructure and utility access,” said Donovan Lazaro, Economic Development Director for the City of Fremont. “It’s a rare opportunity to connect Fremont’s industrial past with its technological future. Thank you to the team at Newmark for facilitating this transaction that will certainly be a major part of Fremont’s story for years to come.”

The site is located between the Stevenson Blvd and Auto Mall Parkway 880 freeway offramps, providing excellent distribution access and connectivity north and south. The Auto Mall Parkway pocket of Fremont is among the most sought-after of all submarkets along the 880-corridor.

The East Bay’s warehouse and distribution industrial market vacancy rate stands at 8.4% as of 3Q 2025, according to Newmark Research, with the vacancy rate in Fremont at just 6.5%. The city’s industrial market is a vital component of the Bay Area’s logistics and manufacturing hub, featuring expansive warehouse districts which have proven critical in supporting advanced technology, distribution and innovation-driven tenants.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2025, Newmark generated revenues of over $3.1 billion. As of September 30, 2025, Newmark and its business partners together operated from approximately 170 offices with over 8,500 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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