The transaction signifies a growing trend of industrial investors acquiring shallow-bay product in established locations to avoid competition with the growing supply of distribution centers hitting the market.In the same month, Terreno Realty (NYSE: TRNO) acquired a two-tenant, 112,363-square-foot shipment facility in Redondo Beach, CA, from Link Logistics, a subsidiary of Blackstone.

Other alternative is to move to cheaper area (CA->TX or bay area->sacramento/vegas) ; but that would reduce my cash position!

Prices are high vis-a-vis incomes unless you're a Bay Area commuter.

Rents are strong and prices are relatively affordable compared to the Bay Area.

You also skipped the North bay.. 

In CA we know largest demographics are Asian and Latino, eg in bay area if one want to find good Filipino food just go to Daly City or Newark.

Probably not since you're from the bay area.If you're a newbie, take it slow.  

Hello BP community,I'm new to real estate industry and I am interested in acquiring off-market properties in the Bay Area.

Now, I own a wholesaling company based in Tampa Bay, and we do deals throughout Florida so feel free to reach out with any questions. 

As a new real estate investor living in the crazy expensive Bay Area rental market, I'm exploring clever ways to get into investing.