East Bay 680 Corridor Office Real Estate Outlook:
While asking rents have minimally declined, net effective rents have realized a starker decrease as concessions have increased to bolster leasing activity. Large block leasing from 2022 will ultimately reduce vacancy, but more large block spaces are slated to come to the market throughout 2023.
Download the JLL Research quarterly insights report for full analysis of the East Bay 680 Corridor office real estate market conditions, and to learn more about economic activity impacting the outlook of the area.