Central County & the I-680 Corridor
The county's office and retail core. Downtown Walnut Creek has the corridor's lowest office vacancy and its best retail; Walnut Creek posted its first positive quarterly office absorption since 2023 in the second quarter of 2026. Concord and Pleasant Hill BART carry the corridor's highest vacancy. Martinez is the county seat and sits beside two refineries. For an office building whose future is in question, a property condition assessment and a cost-to-remedy report put numbers on whether to keep, convert or clear it.
Concord is also home to the former Concord Naval Weapons Station, about 2,422 acres under a reuse plan with Brookfield as master developer. The Navy approved the financial term sheet in September 2026, and specific plan work begins this winter. Nothing will be built for years, but any property near it is now being priced against what it becomes.