Companies interested in leasing, subleasing, purchasing or selling office space in the Bay Area

Office markets are in transition

After years of sleepy, slow moving market velocity in recent months, Downtown Oakland has been on fire. Brokers complain that they set up client tours a few days in advance only to find half the spaces are off the market by a tour day. One broker called it a ‘See it – take it’ market where reflection and indecision means lost space opportunities. Out in the suburbs, Concord has seen a surge of activity, with rental rates jumping $.25-.50/rsf per month just over the past 6 months.

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