oakland Industrial Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from Kidder Mathews, CBRE, Savills, Cushman & Wakefield, JLL, Lee & Associates, Newmark
Quarterly industrial market indicators for oakland, aggregated by CREhunt from Kidder Mathews, CBRE, Savills, Cushman & Wakefield, JLL, Lee & Associates, Newmark. As of Q1 2026, average asking rent was $18.24/SF/yr and vacancy was 8.4%, per Kidder Mathews.
Projected current industrial pricing — oakland
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 5.7%, asking rent trend-adjusted to today). Assumes ~92% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 Kidder Mathews | $18.24/SF/yr | 8.4% | — | — | Kidder Mathews |
| Q1 2026 CBRE | $15.36/SF/yr | 7.6% | — | — | CBRE |
| Q1 2026 Savills | $14.64/SF/yr | 8.8% | — | — | Savills |
| Q1 2026 Cushman & Wakefield | $14.88/SF/yr | 8.0% | -1.2M SF | — | Cushman & Wakefield |
| Q1 2026 JLL | $15.00/SF/yr | 6.6% | — | — | JLL |
| Q4 2025 Cushman & Wakefield | $15.48/SF/yr | 7.4% | -328K SF | — | Cushman & Wakefield |
| Q4 2025 Lee & Associates | $17.28/SF/yr | 9.1% | — | — | Lee & Associates |
| Q4 2025 Savills | $15.12/SF/yr | 8.6% | -67K SF | — | Savills |
| Q4 2025 Newmark | $21.72/SF/yr | 8.8% | — | — | Newmark |
| Q3 2025 Cushman & Wakefield | $15.60/SF/yr | 7.4% | 722K SF | — | Cushman & Wakefield |
| Q3 2025 Savills | $14.88/SF/yr | 8.8% | — | — | Savills |
| Q2 2025 Savills | $15.60/SF/yr | 9.2% | — | — | Savills |
| Q3 2024 Cushman & Wakefield | $15.48/SF/yr | 6.3% | -1.4M SF | — | Cushman & Wakefield |
| Q4 2021 Cushman & Wakefield | $12.72/SF/yr | 4.0% | 4.2M SF | — | Cushman & Wakefield |
Industrial asking rents by submarket
The newest asking rent a named brokerage's report published for each oakland 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 | $1.38/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| Berkeley | $2.22/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| Emeryville | $1.68/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| Hayward | $1.35/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| Richmond | $1.14/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| San Leandro | $1.15/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| San Lorenzo | $1.25/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| Union City | $1.33/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
Frequently asked questions
- What is the average asking rent for industrial space in oakland?
- As of Q1 2026, the average asking rent for industrial space in oakland was $18.24/SF/yr, per Kidder Mathews.
- What is the industrial vacancy rate in oakland?
- The industrial vacancy rate in oakland was 8.4% as of Q1 2026 (Kidder Mathews).
- Where does CREhunt's oakland market data come from?
- This report aggregates quarterly industrial market data for oakland from Kidder Mathews, CBRE, Savills, Cushman & Wakefield, JLL, Lee & Associates, Newmark.