Research - AUGUST 10, 2016

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Oakland East Bay tops list in JLL’s Global Office Index

by Andrea Waitrovich

Northern California’s Oakland East Bay market took the number one spot globally for annual office rental growth, with a 35.4 percent increase compared with second quarter 2015 and a 5.7 percent quarterly rise compared with its first quarter 2016 performance, according to JLL's latest Global Office Index. Oakland, Calif., saw its office market get a kickstart following the purchase of a downtown office building by Uber Technologies in late 2015. Rounding out the top five markets around the world are Stockholm, Dublin, Dubai and Sydney.

Overall, the Americas O

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