Bayside Business Park This is the fourth investment for the JV, creating an industrial portfolio totaling 648,174 square feet.

FREMONT, CA—East Bay industrial landlords continued to benefit from demand during the fourth quarter of 2017, while developers and institutional buyers raced to provide high-quality distribution spaces to capitalize on the sizzling market. Despite several givebacks during the past three months, the vacancy rate was 3.5% market-wide at year’s end, and virtually all submarkets were well below 5%, according to a fourth-quarter report by Kidder Mathews.