Oakland / East Bay Industrial Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Kidder Mathews, Cushman & Wakefield, Colliers
Quarterly industrial market indicators for Oakland / East Bay, aggregated by CREhunt from Kidder Mathews, Cushman & Wakefield, Colliers. As of Q2 2026, average asking rent was $19.08/SF/yr and vacancy was 10.2%, per Kidder Mathews.
Projected current industrial pricing — Oakland / East Bay
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Oakland / East Bay industrial yet, so this applies the typical cap rate across comparable industrial 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 multiple brokerages asking-rent data (benchmark cap rate 5.5%–7.5%, asking rent held flat). Assumes ~90% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 Kidder Mathews | $19.08/SF/yr | 10.2% | -731K SF | 512K SF | Kidder Mathews |
| Q2 2026 Cushman & Wakefield | — | — | 880 SF | — | Cushman & Wakefield |
| Q1 2026 Colliers | $5.50/SF/yr | 3.5% | 89 SF | — | Colliers |
| Q1 2026 Cushman & Wakefield | — | 22.8% | -3 SF | — | Cushman & Wakefield |
| Q4 2025 Cushman & Wakefield | — | — | -3 SF | — | Cushman & Wakefield |
| Q3 2025 Cushman & Wakefield | — | — | -3 SF | — | Cushman & Wakefield |
| Q3 2024 Cushman & Wakefield | $15.48/SF/yr | 6.3% | 1.4M SF | — | Cushman & Wakefield |
| Q3 2023 Colliers | $17.56/SF/yr | — | 927K SF | — | Colliers |
| Q4 2021 Cushman & Wakefield | $13.68/SF/yr | 4.0% | 10 SF | — | 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 | $1.08/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Berkeley/Albany | $1.85/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Fremont | $1.51/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, 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 |
| Newark | $1.45/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, 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 | $1.11/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, 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 |
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 $19.08/SF/yr, per Kidder Mathews.
- What is the industrial vacancy rate in Oakland / East Bay?
- The industrial vacancy rate in Oakland / East Bay was 10.2% as of Q2 2026 (Kidder Mathews).
- Where does CREhunt's Oakland / East Bay market data come from?
- This report aggregates quarterly industrial market data for Oakland / East Bay from Kidder Mathews, Cushman & Wakefield, Colliers.