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NORTHERN CALIFORNIA NEWS
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Dev Site in Fremont Trades Hands

1/20/26

A 26-acre infill industrial development site in Fremont traded hands. Located at 41777 Boyce Rd, 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.

The site is located between the Stevenson Blvd and Auto Mall Pkwy 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.

Steven Golubchik, Edmund Najera, Darren Hollak and Brendan Raney with Newmark represented the undisclosed seller and buyer. The price was not ddisclosed.

“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 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.





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