Oakland Industrial Market Sees Vacancy Climb to 7.2% Despite Near-Doubling of Leasing Activity

Quarterly absorption turns negative with 169,485 SQFT as new space additions outpace tenant demand The Oakland industrial market is showing signs of recalibration as landlords and tenants adjust to shifting supply-demand dynamics in the East Bay's warehouse sector. While leasing activity surged nearly 97 percent year-over-year to reach 2.3 million square feet in the third […]