From office and housing to industrial, investors are pining for assets in Oakland and developers are building more in this cycle than ever before.
Oakland has shed its reputation as a city full of crime for a city full of investment and building opportunities.
Offices are being built for the first time in 10 years, and thousands of housing units are in the pipeline and under construction. The average four-bedroom house costs about $1M, and two-bedroom apartment rent is about $3K/month, which is three times the national average, according to Domum founder and principal Tim Alatorre.
Industrial is experiencing unprecedented market dynamics in the East Bay as well.