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East Bay Watch

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With SoMa office space filling up and a cap on new office construction looming, Oakland is looking like a potential next destination for tech offices angling to go way, way east of Market. After all, EoMa (too soon, right?) has cheaper rent and a 14.2 percent vacancy rate, compared with San Francisco's 7 percent. In particular, the soon-to-be-revamped Sears building looks ripe for a tech tenant. [SF Business Times]