Page 80 - Newmark Northwest 2021 Samples

Designer: Gilbert Garlitos

Photography

Infographics & Plans & Timelines

Designer: David Cullen

NEWMARK KNIGHT FRANK: 2Q19 DOWNTOWN OAKLAND & CLOSE-IN LEASING TRENDS
10.6 MILLION TOTAL SQUARE FEET

UNDER CONSTRUCTION
RENOVATION 1,322,067 SF 12 MONTH FORECAST FULL SERVICE ASKING RATES 2Q19 NOTABLE LEASES
MARKETING
TOTAL CONSTRUCTION
PROPOSED 2,445,000 SF CLASS A
$5.15
2Q19 - $5.15
UNDER CONSTRUCTION SIZE DELIVERY TOTAL VACANCY QUARTERLY NET AVERAGE UNDER $5.00 2Q18 - $4.61
INVENTORY RATE ABSORPTION ASKING RATE CONSTRUCTION DELIVERIES $4.85
601 CITY CENTER 596,767 SF 2Q19 2Q17 - $4.44 CREDIT KARMA EVERLAW
1100 BROADWAY 345,300 SF 1Q20 $4.70 1100 BROADWAY 2101 WEBSTER ST
2Q19 TOTAL AVAILABILITY $4.55 110,900 SF 49,568 SF
UNDER RENOVATION SIZE DELIVERY NEW NEW
1955 BROADWAY 380,000 SF 3Q19 -53,760 SQUARE FEET $4.40 2Q17 2Q18 2Q19
DELIVERY
PROPOSED SIZE TBD 12.4% NET ABSORPTION
BEACON TOWER 800,000 SF TBD
EASTLINE TELEGRAPH 885,000 SF (RECENTLY RENOVATED, 2150 WEBSTER ST, ADDS CLASS B
2201 VALLEY STREET 760,000 SF TBD 230,000 SF OF NEW VACANCY TO THE DOWNTOWN $4.80 2Q19 - $4.69
OAKLAND MARKET) WHOLE FOODS CRA INTERNATIONAL
CRA INTERNATIONAL
$4.70 2Q18 - $4.52
2Q19 NOTABLE OFFICE SALES $4.60 2Q17 - $4.33 6401 HOLLIS ST 601 CITY CENTER
27,831 SF
37,892 SF
$4.50
NEW
NEW
82 $418 1333 BROADWAY - $115,000,000 $4.30 2Q17 2Q18 2Q19
MARINA VILLAGE - $267,000,000
$4.40
Services
415 20TH ST - $36,000,000
MILLION