1 Economic Development Update
2 Covers ED activities, market conditions that impact
city revenues, and noteworthy accomplishments
Industrial Sector, Retail Sector, Small Business
Support, Strategic Initiatives, and Outreach,
Marketing and Promotions
Looking Back– Strategic Plan Update
Overview
3 Industrial Sector
Source: Colliers Industrial
Real Estate Update – I-80/I880 Corridor. Q12026
Total
Inventory
SF
Square
Footage
Vacancy
Rate
Under
Construction
Avg.
Asking
Rate
(NNN)
IND 6,510,390 0.4% 20,000 SF $1.61
WSE 8,856,552 2.3% $1.59
R&D 594,391 2.3% $1.50
TOTAL 16,086,156 1.5% $1.59
4 Industrial Sector
Source: CoStar Real Estate
Update – Union City
5.12.206
Total
Inventory
SF
Below
10,000
10,001 to
50,000
50,001 to
100,000
Over
100,000
IND 3 4 4
WSE 7 12 2 1
R&D 3
TOTAL 10 16 9 1
Total Available Spaces: 36
5 Industrial Market Overview
Industrial Real Estate Update
– I-80/I-880 Corridor
• Diverse Manufacturing Sector is Union City’s
Strength
• Key Revenue Generators: business-to-business
sales tax, property tax from reassessments,
jobs, and spillover retail spending
• Low Vacancy Rates = Retention + Limits
Attraction + Opportunities for Reinvestment
• Lower Vacancy Rates than Neighboring Cities
• Active Communication with Brokers and
Business
6 33250 Western Avenue –
New Construction | 22,850 S.F.
Business Expansions
4100 Whipple Road – Second
Location ±155,000 S.F
7 October 10, 2025, US-Joint Soft Opening with City Officials Raising
Union City’s
Visibility
Business Expansions
8 Significant Lease Renewals
• OMNI Logistics – 33300 Dowe Avenue –
19,868 SQFT – Distribution Services
• Forward Air – 30108-30118 Eigenbrodt Way
– 135,860 SQFT - Freight and Logistics
• HL Uriman Inc. – 33201-33215 Dowe
Avenue – 125,118 SQ FT - Tire Assembly
• Sigmatron West Coast Operations – 30000
Eigenbrodt Way – 116,993 SQ FT –
Electronics Manufacturing Services
9 • Vinters Distributors - 1320 Decoto
Road, 32,382 SF FT – Corporate
HQ –Gas Stations, Loop Market
• OCM Group USA, Inc., 30280
Ahern Avenue, 65,673 SF FT –
Importer of Asian Food Products
• Blue Mountain Capital, LLC, 3240
Whipple Road, BLDG. E (Union City
Labs), 91,124 SQ FT – Commercial
Real Estate Brokerage
Major Acquisitions
10 Major Acquisitions
33372 Transit Ave BTC III Union City IC LP—Commercial Leasing 1220 Whipple Rd Scotts Mobile Trailer Repair
1570 Atlantic St Fortinet—Warehouse/Distribution Services 1550 Atlantic St Vacant
1551 Atlantic St Vacant
1285 Atlantic St Fortinet—Warehouse/Distribution Services 1200 Whipple Rd Vacant
1150 Whipple Rd Vacant
11 Retail Sector Overview
• Regional and
Neighborhood Serving
Centers
• Low Vacancy Rates
• Competitive and Resilient
Retail Environment
12 Retail Overview
Town Central Capital Acquisition
Niles Station
(Formerly Central Plaza) –
33306-33456 Alvarado Niles
Road
13 Retail Overview - Union Landing
Union Landing Police Substation Relocation
Ribbon Cutting Friday, May 15th
In Planning
14 Small Business Support
Trainings and Workshops
• Industrial Roundtables
• Emergency Preparedness Trainings
• Small Business Workshop
• Cybersecurity Training
15 Business Openings & Rebranding
16 MFG Day
OCTOBER 3, 2025
17 Outreach,
Marketing
and
Promotions
• Regional & Industry
Engagement
• Publications &
Promotion
18 Next Steps
City Council Work Session - May 2026
City Council Adoption – June 2026
Economic Development Strategic Plan Update
19 Recommendation
Staff recommends that City Council receive the Economic Development Update and ask any clarifying questions