Hacienda Construction, Leasing Activity Continue Despite Tough Economy in 2010

Battling a difficult economic climate, nearly 300,000 square feet of new leases and over 50,000 square feet of new construction opened in Hacienda in 2010. Here's a summary for the year.

Summary of Major Activity in 2010

Development Activity (approved, under construction or completed)

24 Hour Fitness

54,000 sf completed

Major Tenant Activity

Xradia

~ 37,000 sf

Muslim Community Center - East Bay

~ 20,000 sf

Pleasanton Business Solutions

~ 19,000 sf

Alan Chinn Group

~ 11,000 sf

Elavon

~ 10,000 sf

Status Nightclub

~ 10,000 sf

Overall Tenant Activity - ~ 289,500 sf*
*Reporting above includes occupancy of the recently renovated facility at 4770 Willow Road for 24 Hour Fitness.

Lease Transactions

< 10K sf

88.33%

10K-50K sf

11.67%

> 50K sf

0.00%

Space Absorbed

< 10K sf

49.23%

10K-50K sf

50.77%

> 50K sf

0.00%

Photo: Pleasanton Business Solutions and 24 Hour Fitness both opened in Hacienda in 2010.
Status Nightclub opened in Hacienda in 2010 and Xradia now occupies 4385 Hopyard Road.
Alan Chinn Group leased 11,000 square feet at 4301 Hacienda Drive.
The Muslim Community Center of the East Bay moved into 5724 W. Las Positas Boulevard and Elavon's new space at 4234 Hacienda Drive.

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