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1/16/26
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Overton Moore Properties has acquired Altamont Shallow Bay Industrial Portfolio, a two-building, 241.2k sf portfolio in Livermore. The price was not disclosed.
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Located at 7650 and 7888 Marathon Drive, the portfolio is 100% leased to 13 tenants spanning a wide range of industries. The properties feature above-market dock door counts, 26-foot clear heights and ample power. The Altamont Shallow Bay Industrial Portfolio is situated within the heart of the East Bay, providing access to 2.8 million people within Alameda and Contra Costa Counties as well as convenient access to the 5-Freeway, allowing for distribution optionality.
As the largest city in the Tri-Valley with a population of about 90,000 people, Livermore combines a small-town charm with modern amenities. The presence of the Lawrence Livermore National Laboratory and Sandia National Laboratory highlights Livermore’s role as a technological hub, contributing to scientific advancements and employing a significant portion of the local workforce.
Steven Golubchik, Edmund Najera, Darren Hollak and Brendan Raney with Newmark represented the seller, Principal Real Estate, in the transaction.
The Tri-Valley industrial market features 20.2 msf, with a vacancy rate of 8.4%, according to Newmark Research. Over the past 10 years, Livermore has averaged 4.4% vacancy and currently has no square feet of new product under construction.
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