East Bay - Oakland industrial real estate market reports

Q2 2023 saw a rebound in leasing activity following a 20-year record low in Q1. The industrial sector remained strong with low vacancies, while the Port of Oakland experienced a significant decline in activity. Flex space availability increased in the East Bay as demand from the life science industry cooled off post-pandemic.

1.6 msf

Leasing activity

Leasing activity has bounced back from Q1 lows. 
-15.6%

Port activity

Port of Oakland container volume down from previous years 

2.1 msf

Availability

Flex space availability has increased in recent quarters.

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