Oakland / East Bay Office Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield, , , , CBRE, , Colliers
Quarterly office market indicators for Oakland / East Bay, aggregated by CREhunt from Cushman & Wakefield, , , , CBRE, , Colliers. As of Q1 2026, average asking rent was — with a 13.6% vacancy rate.
Projected current office pricing — Oakland / East Bay
Projected asking rent
$15.60–$17.39/SF/yr
Estimated sale value
$105–$152/SF
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2025 multiple brokerages data (cap rate 6.8%, asking rent trend-adjusted to today). Assumes ~91% occupancy and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 | — | — | 3K SF | — | Cushman & Wakefield |
| Q1 2026 | — | 13.6% | -58K SF | — | |
| Q1 2026 | $5.00/SF | 27.4% | 111K SF | — | Cushman & Wakefield |
| Q4 2025 | $15.60/SF | 9.2% | — | — | |
| Q4 2025 | $15.60/SF | 9.2% | — | — | |
| Q4 2025 | $52.00/SF | 17.5% | 200K SF | 240K SF | CBRE |
| Q4 2025 | — | — | 9K SF | — | Cushman & Wakefield |
| Q3 2025 | $50.80/SF | 18.2% | 120K SF | 270K SF | CBRE |
| Q3 2025 | $51.20/SF | 17.8% | 140K SF | 280K SF | Cushman & Wakefield |
| Q3 2025 | $29.04/SF | — | -11K SF | — | |
| Q3 2025 | — | — | 300K SF | — | |
| Q2 2025 | $49.80/SF | 18.5% | 50K SF | 320K SF | Cushman & Wakefield |
| Q2 2025 | $49.20/SF | 19.0% | 30K SF | 310K SF | CBRE |
| Q1 2025 | $47.90/SF | 19.8% | -200K SF | 340K SF | CBRE |
| Q1 2025 | $48.50/SF | 19.2% | -180K SF | 350K SF | Cushman & Wakefield |
| Q3 2021 | $7.10/SF | 2.0% | 2.3M SF | — | |
| Q3 2021 | $19.37/SF | 8.3% | 325K SF | — | Colliers |
Frequently asked questions
- What is the average asking rent for office space in Oakland / East Bay?
- CREhunt aggregates office asking-rent data for Oakland / East Bay from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the office vacancy rate in Oakland / East Bay?
- The office vacancy rate in Oakland / East Bay was 13.6% as of Q1 2026.
- Where does CREhunt's Oakland / East Bay market data come from?
- This report aggregates quarterly office market data for Oakland / East Bay from Cushman & Wakefield, CBRE, Colliers.
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