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Office Highlights

United States | Oakland / East Bay, CA

Report | Oakland East Bay Office Highlights - Q1 2011

Summary

Oakland’s office market continued to see improvements in fundamentals during the first quarter as options in the CBD offer tenants the benefit of being in an urban center while sparing them the rate increases of San Francisco. Unlike Oakland, the greater East Bay markets have not begun to see signs of a recovery yet, as unemployment and spending continue to place pressure on local economies. However, tenant activity has begun to increase as many enter the market earlier to take advantage of favorable terms for early renewals and lease restructures.

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