Unwavering leasing activity confirms market strength

  • Oakland's industrial market remained 98% occupied during the quarter, which has led to an uptick in renewal and prelease activity.
  • Large tenants completed 11 leases over 100,000 sq. ft. in Q4 2017, despite significant market-wide supply constraints.
  • Lease rates have grown 13.1% market-wide over since Q4 2016, a result of continued strong demand, limited availability and new higher priced supply.