Articles Recently Tagged: Oakland

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Office Vacancy Rate in the East Bay Nearing 16 Percent

Office Vacancy Rate in the East Bay Nearing 16 Percent

With the office vacancy rate in San Francisco having ticked up to 16.7 percent, the vacancy rate for office space in the East Bay is now nearing 16 percent as well, with 4 million square feet of un-leased space and over a million square feet of space which has... Read More »

Oakland Rents Tick Down, Listing Activity Up 2X

Oakland Rents Tick Down, Listing Activity Up 2X

While the average asking rent for an apartment in Oakland hasn’t declined as much as it has in San Francisco, either in the absolute or relatively, it has ticked down another 1.4 percent over the past two months to $2,300, which is down 19 percent on a year-over-year basis... Read More »

More Apartments on the Market in San Francisco and Oakland

Despite the fact that the average asking rent for an apartment in San Francisco has dropped 24 percent since the end of February and the average asking rent for a one-bedroom is back under $2,700 a month for the first time since 2012, listing activity for available units continues... Read More »

Oakland Rents Drop, Down Nearly 20 Percent (YOY)

Oakland Rents Drop, Down Nearly 20 Percent (YOY)

While asking rents for an apartment in San Francisco have been on the decline since the start of the year, a decline which was amplified by the pandemic and really accelerated in May, rents in Oakland mostly held firm through June, at which point the weighted average asking rent... Read More »

Office Vacancy Rate in the East Bay Ticks Over 14 Percent

Office Vacancy Rate in the East Bay Ticks Over 14 Percent

As in San Francisco, the vacancy rate for East Bay office space has just ticked back over 14 percent, which includes 3.6 million square feet of un-leased space along with nearly a million square feet which has been leased but is sitting vacant and actively seeking a subletter, which... Read More »

Asking Rents in Oakland Drop, Listings Jump

Having slipped last month, which shouldn’t have caught any plugged-in readers by surprise, the weighted average asking rent for an apartment in Oakland has since dropped nearly 5 percent to a little under $2,500 a month, which is now down over 13 percent since the end of last year... Read More »

Asking Rents in San Francisco and Oakland Are Down

Asking Rents in San Francisco and Oakland Are Down

Having already started to slip earlier this year, prior to the COVID-19 hit, the weighted average asking rent for an apartment in San Francisco has dropped around 4 percent since the end of February to $3,950 a month, which is down over 7 percent on a year-over-year basis and... Read More »

Listings for Apartments in San Francisco and Oakland Jump

Listings for Apartments in San Francisco and Oakland Jump

Having slipped around 3 percent in the first quarter of the year, the weighted average asking rent for an apartment in San Francisco is currently holding at around $4,000 a month, which is around 3 percent cheaper than at the same time last year and 10 percent below a... Read More »

First Platinum Certified Home in Northern CA Fetches $885 per Foot

First Platinum Certified Home in Northern CA Fetches $885 per Foot

The first LEED Platinum Certified home in Northern California was built on a Rockridge lot with views at 5950 Margarido Drive and hit the market in the fourth quarter of 2009 priced at $5.5 million or roughly $1,187 per square foot. Subsequently reduced by over two million dollars over... Read More »

Office Vacancy Rate in Oakland Ticks Up, But…

Office Vacancy Rate in Oakland Ticks Up, But…

The vacancy rate for East Bay office space around Oakland has ticked up from 9.5 percent at the beginning of the year to 11.9 percent today, driven by the delivery of 600,000 square feet of new space at 601 City Center in Downtown Oakland, half of which was pre-leased... Read More »