Oakland / East Bay Industrial Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield, Kidder Mathews, Lee & Associates
Quarterly industrial market indicators for Oakland / East Bay, aggregated by CREhunt from Cushman & Wakefield, Kidder Mathews, Lee & Associates. As of Q2 2026, average asking rent was $14.52/SF/yr and vacancy was 7.8%, per Cushman & Wakefield.
Projected current industrial pricing — Oakland / East Bay
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q2 2026 Cushman & Wakefield data (cap rate 5.7%, asking rent held flat). Assumes ~92% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 Cushman & Wakefield | $14.52/SF/yr | 7.8% | 66K SF | — | Cushman & Wakefield |
| Q2 2026 Kidder Mathews | $19.08/SF/yr | 10.2% | -731K SF | 512K SF | Kidder Mathews |
| Q1 2026 Cushman & Wakefield | $14.88/SF/yr | 8.0% | -1.2M SF | — | Cushman & Wakefield |
| Q4 2025 Lee & Associates | $17.28/SF/yr | 9.1% | 3.0M SF | — | Lee & Associates |
| Q4 2025 Cushman & Wakefield | $15.48/SF/yr | 7.4% | -328K SF | — | Cushman & Wakefield |
| Q3 2025 Cushman & Wakefield | $15.60/SF/yr | 7.4% | 722K SF | — | Cushman & Wakefield |
| Q3 2024 Cushman & Wakefield | $15.48/SF/yr | 6.3% | 1.4M SF | — | Cushman & Wakefield |
| Q4 2021 Cushman & Wakefield | $13.68/SF/yr | 4.0% | — | — | Cushman & Wakefield |
Industrial asking rents by submarket
The newest asking rent a named brokerage's report published for each Oakland / East Bay industrial 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 | $1.23/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Berkeley/Albany | $1.85/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Fremont/Newark | $1.70/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Hayward | $1.35/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Oakland | $1.40/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Richmond | $1.48/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| San Leandro/San Lorenzo | $1.60/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Union City | $1.35/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
How the brokerage sources compare
For Q2 2026, the brokerages CREhunt aggregates for Oakland / East Bay industrial did not fully agree. On vacancy, the sources span 2.4 points — from 7.8% (Cushman & Wakefield) to 10.2% (Kidder Mathews). Asking-rent estimates differ by $4.56/SF/yr — from $14.52/SF/yr to $19.08/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.
| Source | Vacancy | Asking rent | Cap rate |
|---|---|---|---|
| Cushman & Wakefield | 7.8% | $14.52/SF/yr | — |
| Kidder Mathews | 10.2% | $19.08/SF/yr | — |
Per-brokerage figures for Q2 2026, aggregated from published brokerage market reports.
Frequently asked questions
- What is the average asking rent for industrial space in Oakland / East Bay?
- As of Q2 2026, the average asking rent for industrial space in Oakland / East Bay was $14.52/SF/yr, per Cushman & Wakefield.
- What is the industrial vacancy rate in Oakland / East Bay?
- The industrial vacancy rate in Oakland / East Bay was 7.8% as of Q2 2026 (Cushman & Wakefield).
- Where does CREhunt's Oakland / East Bay market data come from?
- This report aggregates quarterly industrial market data for Oakland / East Bay from Cushman & Wakefield, Kidder Mathews, Lee & Associates.
- How much do brokerage estimates differ for industrial space in Oakland / East Bay?
- For Q2 2026, the brokerage sources CREhunt aggregates for Oakland / East Bay did not fully agree. On vacancy, the sources span 2.4 points — from 7.8% (Cushman & Wakefield) to 10.2% (Kidder Mathews). Asking-rent estimates differ by $4.56/SF/yr — from $14.52/SF/yr to $19.08/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.