2019 Q1 Oakland Office Market Research Report

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2019 Q1 Oakland Office Market Research Report

Oakland’s Historic Office Sales

the second half of the first quarter with the sale of multiple trophy properties in Downtown Oakland. These sales, paired with a revived leasing pace, launched 2019 in a dynamically positive direction. Office tenants in the market continue to be lured by East Bay asking rates and vacancy levels. Additionally, tenants in the market increasingly see Oakland’s robust infrastructure, public transit options and local amenities as “filling all the boxes” at a meaningful discount to the San Francisco market’s record high rental rates.

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2019 Q1 Oakland Office Market Research Report

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About the Authors
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Alex Young

Senior Research Analyst

Oakland

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William Chui

Research Analyst

Oakland

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