Oakland Office Market Report
By CREhunt Research · Data through Q4 2025 · Aggregated from Cushman & Wakefield, CBRE
Quarterly office market indicators for Oakland, aggregated by CREhunt from Cushman & Wakefield, CBRE. As of Q4 2025, average asking rent was $52.50/SF with a 17.1% vacancy rate.
Projected current office 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 Q4 2025 multiple brokerages data (cap rate 6.7%, asking rent held flat). Assumes ~83% occupancy and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q4 2025 | $52.50/SF | 17.1% | 220K SF | 250K SF | Cushman & Wakefield |
| Q4 2025 | $52.00/SF | 17.5% | 200K SF | 240K SF | CBRE |
| Q3 2025 | $51.20/SF | 17.8% | 140K SF | 280K SF | Cushman & Wakefield |
| Q3 2025 | $50.80/SF | 18.2% | 120K SF | 270K SF | CBRE |
| Q2 2025 | $49.20/SF | 19.0% | 30K SF | 310K SF | CBRE |
| Q2 2025 | $49.80/SF | 18.5% | 50K SF | 320K SF | Cushman & Wakefield |
| Q1 2025 | $48.50/SF | 19.2% | -180K SF | 350K SF | Cushman & Wakefield |
| Q1 2025 | $47.90/SF | 19.8% | -200K SF | 340K SF | CBRE |
How the brokerage sources compare
For Q4 2025, the brokerages CREhunt aggregates for Oakland office did not fully agree. On vacancy, the sources span 0.4 points — from 17.1% (Cushman & Wakefield) to 17.5% (CBRE). Asking-rent estimates differ by $0.50/SF — from $52.00 to $52.50. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.
| Source | Vacancy | Asking rent | Cap rate |
|---|---|---|---|
| CBRE | 17.5% | $52.00/SF | 6.8% |
| Cushman & Wakefield | 17.1% | $52.50/SF | 6.7% |
Per-brokerage figures for Q4 2025, aggregated from published brokerage market reports.
Frequently asked questions
- What is the average asking rent for office space in Oakland?
- As of Q4 2025, the average asking rent for office space in Oakland was $52.50/SF, per Cushman & Wakefield.
- What is the office vacancy rate in Oakland?
- The office vacancy rate in Oakland was 17.1% as of Q4 2025 (Cushman & Wakefield).
- Where does CREhunt's Oakland market data come from?
- This report aggregates quarterly office market data for Oakland from Cushman & Wakefield, CBRE.
- How much do brokerage estimates differ for office space in Oakland?
- For Q4 2025, the brokerage sources CREhunt aggregates for Oakland did not fully agree. On vacancy, the sources span 0.4 points — from 17.1% (Cushman & Wakefield) to 17.5% (CBRE). Asking-rent estimates differ by $0.50/SF — from $52.00 to $52.50. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.