east bay oakland Office Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield
Quarterly office market indicators for east bay oakland, aggregated by CREhunt from Cushman & Wakefield. As of Q2 2026, average asking rent was $44.16/SF/yr and vacancy was 27.4%, per Cushman & Wakefield.
Projected current office pricing — east bay oakland
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for east bay oakland office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q2 2026 Cushman & Wakefield asking-rent data (benchmark cap rate 6.5%–8.6%, asking rent held flat). Assumes ~73% occupancy and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 Cushman & Wakefield | $44.16/SF/yr | 27.4% | -81K SF | — | Cushman & Wakefield |
| Q1 2026 Cushman & Wakefield | $44.16/SF/yr | 27.4% | -111K SF | — | Cushman & Wakefield |
Office asking rents by submarket
The newest asking rent a named brokerage's report published for each east bay oakland office submarket, with its publisher and quarter. Submarkets whose newest figure cannot be attributed, or falls outside a plausible range, are left out.
| Submarket | Asking rent | Source |
|---|---|---|
| Alameda | $3.02/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Albany | $2.62/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Berkeley | $3.26/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Castro Valley | $3.35/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| City Center Oakland CBD | $3.93/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| El Cerrito | $3.55/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Emeryville | $4.48/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Hayward | $2.09/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Jack London Square | $2.34/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Lake Merritt Oakland CBD | $3.95/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Northern Alameda | $4.42/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Oakland | $3.60/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Oakland Coliseum | $2.23/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Oakland Downtown | $3.85/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Oakland – Jack London Square | $3.10/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Richmond | $2.28/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| San Leandro | $2.63/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| San Pablo | $2.00/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Southern Alameda | $2.74/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Union City | $2.50/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
Frequently asked questions
- What is the average asking rent for office space in east bay oakland?
- As of Q2 2026, the average asking rent for office space in east bay oakland was $44.16/SF/yr, per Cushman & Wakefield.
- What is the office vacancy rate in east bay oakland?
- The office vacancy rate in east bay oakland was 27.4% as of Q2 2026 (Cushman & Wakefield).
- Where does CREhunt's east bay oakland market data come from?
- This report aggregates quarterly office market data for east bay oakland from Cushman & Wakefield.