Newmark Completes Sale of High-Powered, Newly Renovated Advanced Manufacturing Asset in Emeryville, California

May 5, 2026 9:00 AM

Newmark announces the Company has arranged the sale of Atrium Labs, a 128,994-square-foot high powered advanced manufacturing property in Emeryville, California. The building sold for an undisclosed amount.

Newmark Executive Vice Chairman and President, Western Region Capital Markets Steven Golubchik, Vice Chairman Edmund Najera, Senior Managing Director Darren Hollak and Associate Director Brendan Raney represented the undisclosed seller and undisclosed buyer in the transaction.

"The marketing process for Atrium Labs generated substantial investor interest from a qualified bid pool," said Golubchik. "Investors are focused on advanced manufacturing product throughout the San Francisco Bay Area with outsized existing power, on-site loading and good clear heights."

Located at 1650 65th Street, the property features 6,000 amps of power as well as 27-foot clear heights and suite sizes ranging from 30,000 square feet to the entire building. The property was vacant at the time of sale and is ready for immediate occupancy. Previous ownership invested significant capital upgrading the property with spec work, base building and power upgrades.

Due to its proximity to UC Berkeley and convenient access to the Bay Area via the 24, 80, 580 and 880 freeways, Emeryville has become a hub for rapidly expanding advanced manufacturing companies and was one of the few R&D markets in the northern East Bay to see positive net absorption in 2025, according to Newmark Research.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended December 31, 2025, Newmark generated revenues of over $3.3 billion. As of December 31, 2025, Newmark and its business partners together operated from approximately 175 offices with nearly 9,300 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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