FREMONT — An industrial hub in Fremont was bought by an East Coast real estate firm for just under $93 million in a sign of market strength for similar properties, according to documents filed on Dec. 24, 2025, with the Alameda County Recorder’s Office.
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The one-story building was constructed in 1991.
Current tenants include San Jose-based Sanmina, an electronics manufacturing services provider; and DeepCoolAI, a provider of liquid cooling systems used in artificial intelligence data centers and advanced computing sites.
After the collapse of the office and hotel markets in the Bay Area following the COVID-19 pandemic, savvy investors have looked to healthy markets such as San Jose and Fremont for industrial and advanced manufacturing property deals.
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