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Retail Occupancies Rival Premier East Bay Districts

OAKLAND, CA—Last quarter, occupancy levels were nearly at 100% for the Oakland submarkets of Grand Lake, Rockridge and Montclair Village, with totals that are unsurpassed by other Bay Area submarkets at this time.

John Cumbelich Cumbelich says occupancy levels were nearly at 100% in Oakland submarkets last quarter.

OAKLAND, CA—The retail market is built on a mixture of both national retailers and local artisanal businesses. Oakland offers a blend of existing centers and new developments comprised of multiple shopping and dining districts that provide consumers with a broad shopping experience.

The retail landscape here is home to some of the Bay Area’s elite restaurants, shopping and entertainment venues. Urban in nature, but low-rise in scale, the retail streets and shopping districts are a cross between San Francisco’s urban towers and the sprawling, suburban centers of the East Bay, according to John Cumbelich & Associates, partner of X Team International.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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