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North I-680 Market Reports

I-680 Office Market Report

The North I-680 office market saw a healthy amount of tenant activity in the first quarter of 2018. In contrast to the past several years, the majority of the activity did not come from tenants relocating to the more cost-effective submarkets within the market but from new tenants relocating to the North I-680 Corridor from Oakland or San Francisco.

Direct FS Asking Rate (Price/SF)      $2.89
Total Availability Rate (%)      15.22
Net Absorption (SF)   -68,374

I-680 Industrial Market Report

The Contra Costa County industrial market ended the year with 212,122 square feet of positive net absorption, which included 8,668 square feet of negative net absorption in the fourth quarter. The current availability rate for Contra Costa County now sits at 5.7%, with a majority of the vacancy still stemming from the United Spiral plant at 900 East Third Street in Pittsburg (357,000 rentable square feet). The Concord, Martinez/Pacheco and Pleasant Hill industrial markets are especially tight, with all posting availability rates below 2.0%.

 Direct Avg NNN Asking Rate (Price/SF)
      $ .74
 Total Availability Rate (%)
       6.66
 Net Absorption (SF)
-424,282


North I-680 Office Market Report
1Q18
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North I-680 Industrial Market Report
4Q17
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