San Francisco Bay Area, Industrial Gateway to the Pacific and Silicon Valley
The San Francisco Bay Area, which includes Oakland and San Jose, is a vibrant, densely-populated, high-
income region that is the capital of the global high-technology industry. With 6.6 million people, it is the
fifth-largest metropolitan population in the United States. As such, it is an industrial property power-
The region has a large concentration of some of the most innovative growth industries in software,
social media, technology, and life sciences, and hosts more than two dozen members of the Fortune 500.
It is home to the five California counties with the highest per-capita income, and the region boasts
a median household income 55 percent higher than that of the U.S. at large.
Significant geographic and regulatory barriers to new development – including strict zoning, building
requirements, the high cost of land and competition for other uses – limit the new supply for industrial
property and warehouses.
The region been a proving ground for the scaling up of influential logistics supply drivers such as e-
commerce, industrial infill development, and supply chain restructuring. With several major airports, the
Port of Oakland (the seventh-largest container cargo facility in the U.S.), and multiple highways and
freight lines, it is a hub of local and regional distribution.
Prologis has a large presence in the San Francisco Bay Area with industrial warehouses and property in a
variety of sizes and submarkets, ranging from a warehouse in San Francisco to large industrial parks in
Bay Area Warehouse & Logistics Center Statistics
- Industrial property market benefits from a high concentration of innovative growth industries
- 5th largest metro population (6.6 mil.) with higher-than-average incomes
- Median household income 55% higher than that of the U.S.
- 41% of population holds a college degree, as compared with 29% nationally
- Strategic industrial real estate locations proximate to major airports, the Port of Oakland and
extensive highway and intermodal facilities
- High geographic and regulatory barriers to new development, plus stiff competition from other
uses, limits new supply of industrial real estate and warehouse properties