East Bay/Oakland office market report

Q2 2024

The East Bay office market continues to struggle with high vacancy and low leasing activity, though the rate of decline has largely stabilized. The lackluster job market, evidenced by stagnantly low job postings, remains a significant obstacle to the office market's recovery.
$4.25 FS

Asking rates

Office asking rates continue to drop, reaching a new post-pandemic low.


Availability rates

Oakland CBD availability edges up another 1.2 percentage points.

-149K sf

Net absorption

The East Bay office market sees its fourth consecutive quarter of negative absorption.

Your source for the latest East Bay/Oakland office market reports

Get in-depth office market reports and insights from commercial real estate experts in the Greater East Bay/Oakland area. Avison Young advisors look at East Bay/Oakland commercial real estate activities and the latest East Bay/Oakland statistics to provide you expert market research on East Bay/Oakland's office properties.

Explore different topics like the latest office market pricing trends and analysis of East Bay/Oakland's current office real estate market conditions. Gain a better understanding of East Bay/Oaklands office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in East Bay/Oakland's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in East Bay/Oakland.

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