CFAH

Articles Recently Tagged: Oakland

(247 posts)
Office Vacancy Rate in Oakland’s City Center Ticks Over 34%

Office Vacancy Rate in Oakland’s City Center Ticks Over 34%

The office vacancy rate in the East Bay, not including Walnut Creek or further east, ticked up to 18.4 percent at the end of last year, roughly double the vacancy rate prior to the pandemic. In addition to 4.9 million square feet of un-leased space, the current vacancy rate... Read More »

Office Vacancy Rate in Oakland’s City Center Ticks Over 33%

Office Vacancy Rate in Oakland’s City Center Ticks Over 33%

Having ticked down from 18.1 percent at the end of last year to 16.3 percent three months ago, the office vacancy rate in the East Bay, not including Walnut Creek or further east, has ticked back up to 17.3 percent, with net negative absorption of 269,000 square feet of... Read More »

Premium for Renting in San Francisco Is Ticking Back Up

Premium for Renting in San Francisco Is Ticking Back Up

Having hit $3,500 at the end of May, the weighted average asking rent for an apartment in San Francisco has since ticked up another 2 percent to $3,575 a month, which is 11 percent higher than at the same time last year and 17 percent ($525) above last year’s... Read More »

Asking Rents in Oakland Hold

Asking Rents in Oakland Hold

Having held in March, the weighted average asking rent for an apartment in Oakland was effectively unchanged in April as well, holding at just under $2,450 a month. As such, while the average asking rent in Oakland is now 7 percent higher than it was at the same time... Read More »

Office Vacancy Rate in the East Bay Eases, First Drop Since 2019

Office Vacancy Rate in the East Bay Eases, First Drop Since 2019

Having ticked over 18 percent at the end of last year, the office vacancy rate in the East Bay, not including Walnut Creek or further east, inched down to 17.3 percent in the first quarter of 2022, representing the first decline in the vacancy rate since late 2019 (at... Read More »

Asking Rents in Oakland Effectively Held in March

Asking Rents in Oakland Effectively Held in March

Having ticked down a little over 2 percent in February, the weighted average asking rent for an apartment in Oakland was effectively unchanged in March, holding at just under $2,450 a month, with a slight uptick in the average asking rent for two-bedrooms ($2,800) offset by declines for larger... Read More »

Asking Rents in Oakland Slip, Inventory Still Up

Asking Rents in Oakland Slip, Inventory Still Up

Having ticked up 3 percent in January, the weighted average asking rent for an apartment in Oakland slipped a little over 2 percent in February to $2,450 a month, which is 7 percent higher than at the same time last year but still 8 percent lower than prior to... Read More »

Asking Rents in Oakland Tick Up Another 3 Percent

Asking Rents in Oakland Tick Up Another 3 Percent

Having increased 7 percent last year, the weighted average asking rent for an apartment in Oakland has ticked up nearly 3 percent over the past few weeks to $2,500 a month, which is 8 percent higher than at the same time last year, driven by a 5 percent increase... Read More »

Office Vacancy Rate in the East Bay Inches Up

Office Vacancy Rate in the East Bay Inches Up

The office vacancy rate in the East Bay, not including Walnut Creek or further east, inched up from 17.9 percent at the end of September to 18.1 percent at the end of 2021, which includes 4.8 million square feet of un-leased space and 1.1 million square feet of space... Read More »

Oakland Rents Increased 7 Percent in 2021 but Still Down

Oakland Rents Increased 7 Percent in 2021 but Still Down

Having ticked up a (1) percent in November, the weighted average asking rent for an apartment in Oakland inched up another 0.4 percent in December to $2,440 a month, which is 7 percent higher than at the end of last year and roughly in line with the muted rebound... Read More »