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Real estate deal for Fremont site may boost city’s manufacturing push

The $70.1 million purchase by CDECRE LLC aims to support Fremont’s growth in advanced manufacturing and logistics, enhancing regional innovation and infrastructure access.

Summary by The Mercury News
FREMONT — A largely undeveloped site in Fremont that’s across the street from a PG&E substation was bought by investors operating out of the Midwest in a deal that could bolster the East Bay city’s push for advanced manufacturing. A group affiliated with a Chicago-based real estate firm operating as CDECRE LLC paid $70.1 million to buy a 26-acre industrial site at 41777 Boyce Rd., according to documents filed on Jan. 8 with the Alameda County Re…

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The Mercury news broke the news in San Jose, United States on Thursday, January 15, 2026.
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