One of the Bay Area’s biggest brand‑new warehouses has quietly gone up for sale, and it is still waiting for its very first tenant. Bridge Development Partners is marketing Bridge Point Oakland, a 534,242‑square‑foot logistics building at 5441 International Boulevard that opened in 2023 after an expensive cleanup of a former General Electric transformer plant. The building now appears to be fully vacant, and the decision to sell a newly completed Class A site is being read as a real‑time stress test for industrial demand across the region.
According to CoStar News, Bridge has hired Cushman & Wakefield to handle the sale. The Real Deal and other outlets report that Bridge bought the roughly 23‑acre site in 2019 and wrapped the 534,000‑plus‑square‑foot redevelopment in 2023.
Dirty past, red brick preserved
The property spent much of the 20th century as a GE transformer plant and carried lingering contamination from PCBs and solvents. Bridge says it worked with federal and state regulators on a cleanup while keeping portions of the original red‑brick façade intact. The U.S. Environmental Protection Agency documents the site’s industrial history and remediation work, and earlier coverage of planning battles noted that preservationists once labeled the property “the Chernobyl of East Oakland.”
Per the developer’s project page, the overhaul involved detailed environmental studies and extensive coordination with regulators before the site was cleared for redevelopment. U.S. Environmental Protection Agency records and local reporting trace the long, contentious path that led to construction finally starting.
Specs and vacancy
Commercial listings describe Bridge Point Oakland as a roughly 534,242‑square‑foot, Class A logistics facility on about 23.2 acres, with 36‑foot clear heights, around 85 dock doors and approximately 9,915 square feet of office space. Those same listings flag the property as vacant. The building also offers extensive trailer parking and modern tenant infrastructure, which makes its empty status stand out in the local submarket…