Ares Management Acquires Two East Bay Tech and Industrial Buildings

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Ares Management, a real estate and investment firm, has acquired two tech and industrial buildings in the East Bay area of California for a combined $44.6 million. The deals demonstrate that there is still some confidence in Bay Area commercial properties despite the challenging market conditions.

Why it matters

The purchase of these two buildings by Ares Management suggests that there is still investor interest in the East Bay's commercial real estate market, even as the broader Bay Area faces economic headwinds. This could be an encouraging sign for the region's tech and industrial sectors.

The details

Ares Management, acting through an affiliate, purchased the two East Bay buildings in separate transactions. The properties are located in Fremont and are part of the region's tech and industrial real estate landscape.

• The deals were completed on February 20, 2026.