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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