Commercial Real Estate Report - Oakland-East Bay, CA [Apartment]

Property Type

View market and submarket information on Apartment space in Oakland-East Bay, California. Our detailed reports provide commercial real estate information like commercial property rates, commercial vacancy rates, asking rents, current inventory, lease terms, employment data and more in Oakland-East Bay, California.

Boundaries

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Recent Sales New Construction Highlight Submarkets

Latest Quarterly Reports (Q1 2013)

Oakland-East Bay, CA - Entire Metro
Submarkets
East Contra Costa -70 bps  
San Lndro/Haywrd -40 bps  
Concord/Martinez -40 bps  
North Alameda -30 bps  
San Ramon -30 bps  
Frmnt/Nwrk/Union -20 bps  
East Alameda -20 bps  
West Contra Costa -20 bps  
 
 

Recent Sales

Cap Rate Trend

Sales Trend

Q1
2013
Q4
2012
Q3
2012
Q2
2012
Mean 7.2% 6.3% 5.8% 6.2%
Median 7.1% 6.5% 5.6% 6.7%
12 Month Rolling 6.3% 6.1% 6.6% 6.7%

Commercial Real Estate News

Recent Rent Observations

Location ID Class Rent
Concord/Martinez A1676 BC $1,221
East Alameda 06542 A $1,286
East Alameda 69047 A $2,154
Concord/Martinez A1406 BC $1,187
Concord/Martinez A1515 BC $1,328
Concord/Martinez A1434 BC $1,129
Frmnt/Nwrk/Union 10411 BC $1,431
Frmnt/Nwrk/Union 32871 BC $1,427
Frmnt/Nwrk/Union 23327 BC $1,490
San Lndro/Haywrd 75887 A $1,041

Change From Previous Quarter

Market Rent Vac Inv
Oakland-East Bay 0.2% -20 bps 0.0%
West Region 0.2% -20 bps 0.0%
United States 0.1% -10 bps 0.1%

Metro vs. Region 0.0% 0 bps 0.0%
Metro vs. US 0.1% -10 bps 0.0%

Latest New Construction Updates

National Apartment Real Estate Trends

Vacancy Trends
Supply and Demand
Inventory Change
Inventory Change

Metropolitan Apartment Rankings (Q1 2013)

Based on 275 U.S. Markets
Value:
34. Bakersfield, CA 2.7%
35. Grand Rapids, MI 2.7%
36. Medford/Klamath Falls, OR 2.7%
37. Odessa-Midland, TX 2.7%
38. Buffalo, NY 2.8%
39. Oakland-East Bay, CA 2.8%
40. Scranton/Wilkes-Barre, PA 2.8%
41. Stockton, CA 2.8%
42. Central New Jersey, NJ 2.9%
43. Columbia, MO 2.9%
44. Hanford-Corcoran, CA 2.9%

Avg Annual Growth Rate (2013 - 2017)

Market Rent Vac Inv
Oakland-East Bay 0.2% 328 bps 0.7%
West Region 0.3% 419 bps 0.7%
United States 0.9% 485 bps 1.0%

Metro vs. Region -0.2% -91 bps -0.1%
Metro vs. US -0.7% -157 bps -0.4%