East Bay R&D Steadies With Second Straight Quarter of Gains as Leasing Jumps 49% and Vacancy Dips to 17.9%

The East Bay R&D market recorded its second consecutive quarter of positive net absorption in the third quarter of 2026, with leasing up nearly 49 percent from a year earlier and vacancy edging down to 17.9 percent, though the recovery is concentrated in a handful of submarkets and the region remains far emptier than it was three years ago.