Real Estate/Development
Jun. 2, 2000
Oakland and its neighbors watch vacancies dwindle
By John McCloud The notion of the vacancy rate in Oakland's long-beleaguered downtown dropping below 2 percent would have been almost unimaginable as recently as a year ago. Today it's more than imaginable, it's real.
By John McCloud
The notion of the vacancy rate in Oakland's long-beleaguered downtown dropping below 2 percent would have been almost unimaginable as recently as a year ago. Today it's more than imaginable, it's real.
"The Class A office space in Oakland's business centers is virtually gone, creating a historic low vacancy rate for this market of 1.8 percent," says CB Richard Ellis broker Sheldon Crandall. Equally low rates in Berkeley, Emeryville and Alameda are...
The notion of the vacancy rate in Oakland's long-beleaguered downtown dropping below 2 percent would have been almost unimaginable as recently as a year ago. Today it's more than imaginable, it's real.
"The Class A office space in Oakland's business centers is virtually gone, creating a historic low vacancy rate for this market of 1.8 percent," says CB Richard Ellis broker Sheldon Crandall. Equally low rates in Berkeley, Emeryville and Alameda are...
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