Alameda County office building property tax appeals are significantly affected by key metrics such as market vacancy and market rent. These recent trends are summarized below.
|Vacancy %||Total Available %||Total Inventory SF||Asking Rent Avg.|
|Oakland CBD - Total||28.80%||32.10%||11,772,093||$4.88|
|Oakland CBD - Class A||27.60%||31.40%||7,528,406||$5.01|
|Oakland JLS - Total||12.40%||16.50%||902,771||$3.58|
|Oakland JLS - Class A||2.00%||2.00%||283,008||n/a|
|Alameda - Total||7.00%||9.30%||3,522,942||$4.57|
|Alameda - Class A||11.50%||16.20%||1,067,877||$4.99|
|Total Oakland Class A||23.70%||27.80%||13,139,425||$4.80|
|Total Oakland Market||19.70%||22.20%||29,524,154||$4.46|
Cities included in this market include Alameda, Berkeley, Emeryville, Oakland CBD, Oakland General, Oakland Jack London Square, Oakland Airport, Richmond, and San Leandro.
Director, Valuation Services