New Construction Projects Provide Hacienda Headlines in 2012

Paralleling the resurgent Bay Area economy, Hacienda saw a number of new construction projects either approved or begun in 2012, as well as significant leasing activity. Here's the story of the previous 12 months in Hacienda in both numbers and images.

Summary of Major Activity in 2012

Development Activity (approved, under construction or completed)

BRE - Site 1

255 units (housing) and ~ 5,700 sf retail

BRE - Site 2

251 units (housing) and public park

Maddie's Fund

~ 141,000 sf

Mercedes-Benz

~ 72,000 sf

Major Tenant Activity

Blackhawk Network

~ 30,000 sf

Club One Pleasanton

~ 17,000 sf

Cooper Bussmann

~ 23,000 sf

CPU Tech

~ 47,000 sf

Ellie Mae

~ 12,000 sf

Gap Inc.

~ 35,000 sf

Hitachi

~ 23,000 sf

Maddie's Fund

~ 80,000 sf

Service Max

~ 17,000 sf

Sunbelt Controls

~ 11,000 sf

Overall Tenant Activity - ~ 573,000 sf

Lease Transactions

< 10K sf

87.10%

10K-50K sf

11.88%

> 50K sf

1.00%

Space Absorbed

< 10K sf

36.00%

10K-50K sf

50.00%

> 50K sf

14.00%

Photo:
BRE Properties received approval for a mixed-use, transit-oriented development which will feature over 500 residential units in 20 three- to five-story buildings.
A rendering for new construction at 5850 West Las Positas Boulevard.
A major expansion at Mercedes-Benz of Pleasanton requires the use of a large crane.
Longtime tenant CPU Tech expanded to a new building.
Club One Fitness opened just before the New Year.

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