Report | East Bay Office Insight - Q4 2015
Easy access to public transportation is driving much of the demand for real estate across the Bay Area, with landlords pushing nearly 700,000 square feet of space along BART lines—driving up rental rates in BART-centric submarkets by 10.1 percent year-over-year. Landlords aren't completely in control, however.
California's strict energy standards have forced many to make costly building upgrades—causing some existing tenants to consolidate operations in order to save money in the face of rising rents and TI costs from those same landlords.
For those tenants looking for a more cost-efficient alternative, the East Bay remains a viable option thanks to its large inventory of space and strong, growing economy.
Learn more about what's happening—and what we expect to occur in the coming months—in the East Bay office market in our Q4 US Office Insight.
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