Commercial Properties:

The area receives a great deal of growth and development in the commercial real estate market, due in large part to the lower cost of growing a business in the area, the city invests great time and energy to providing office space, warehouse space, and retail storefronts to those that want a stark alternative to the high costs of business in San Francisco. In a recent survey of available office space, results were starting at around $250 - $350 a month for small offices with warehouse adjacent spaces and much more. Larger Oakland commercial property options are priced on par with many other larger cities with prices averaging $1 a square foot and less depending on the size, and location of the property. All in all, the Oakland Bay area provides entrepreneurs a real option to fulfill their career goals of being their own bosses. Some of the local areas in Oakland that we provide office space for rent are: Antioch, Alameda, Berkeley, Concord, Danville, Dublin, Fremont, Hayward, Montclair, Pittsburgh, Pleasanton, north, East, West Oakland, Piedmont, Richmond, San Leandro, Vallejo. We also offer commercial properties for lease in San Francisco, San Jose, Portland, and Seattle.

Oakland Statistics:

The eight largest city in the state of California is Oakland. It is a major West Coast port city, and is in close proximity to San Francisco, which is 8 miles away. The area is a major hub for the greater sub region often referred to as the Bay Area. The city is sometimes referred to as Oaktown, The O, and The Town. It has an estimated population of around 404,155 in the city center and upwards of 7.2 million residents in the greater metropolitan area. Originally a colony of Spain, the area has a deep history of Spanish culture dating back to the founding of the city. The area is often times seen in a negative light due to the high crime rate, but has been battling the stigma in a variety of ways. Oakland has always been an important piece of the economy in Northern California, and once the economy bounces back we expect to see lease rates rise again on Oakland commercial properties.

Oakland Economy:

The economy of Oakland relies heavily on marine cargo transport. The maritime industries in the area employ upwards of 200,000 people and range from minimum wage starting positions to managers that earn on average $90,000 annually. The city also is home to several large-scale companies including Kaiser Permanente, Clorox, Dreyer’s, Longs Drugs, and Cost Plus World Markets. The area received a huge jump in economic stimulus and development in the mid 2000’s and has still been attracting a high level of businesses, residents and more due in large part to the low cost of living compared to the nearby San Francisco area. There are great vocations to explore for job seekers of all backgrounds, but despite a wealth of opportunity the unemployment rate has been at around 17%, and is more than double the national average.
The climate of Oakland is classified as Mediterranean. The summers are dry and the winters are mild and somewhat rainy, and there is no to very little snowfall. The area has four distinct seasons, and often times are temperate and cool. The area does get warm in the summer months, but there is no real extreme weather in the area, making it quite nice on a majority of days.

Oakland House Market:

The median home price in Oakland has taken a hit in recent years due to the faltering United States economy, but is much lower than the average home price in San Francisco making it attractive to wide variety of investors. The median home price of Oakland is $230500 and economists have stated that although the sales numbers dropped nearly 10% the growth potential in the coming months will double. Speculation is always interesting to look at, but Oakland is not immune to the economic downturns that the nation has faced. To learn more about the Oakland real estate market (or any city) just check out our articles. The mayor of the city of Oakland is democrat Ron Dellums. He has been a part of the political scene in the bay area for quite some time and although he is a democrat he shares some conservative values and is a Baptist by faith. He has a storied career and military history with the United States Marine Corps.