East Bay/Oakland office market report

Q3 2025

The East Bay/Oakland office market continues to face significant challenges, marked by soft tenant demand and declining net absorption. Leasing activity remains sluggish, with few notable transactions, the largest being Premier Nutrition’s 118K sf lease in Emeryville. On the capital markets side, momentum has also stalled. Office sales volume fell 75% from the previous quarter, bringing activity back to near pandemic-era lows. While pricing has remained relatively stable, that consistency may be discouraging buyers in an already fragile market environment.

$4.09 FS

Asking Rent

Asking rates in the Oakland Central Business District continue to decline, pressured by persistently weak tenant demand and elevated vacancy levels.
$138M

Sale Volume 

Sales volume in the East Bay have plummeted from the previous quarter, though valuations remain stable.
-140,983 sf

Net Absorption

The East Bay recorded a sharp drop in net absorption this quarter, though an improvement over Q2.

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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