For Immediate Release

Contact: James Paxson, General Manager
Hacienda Owners Association
(925) 734-6500

PLEASANTON, Calif. — Tenant activity has proceeded at a good pace for the first few weeks of the second quarter and construction activity for tenant improvements is proceeding at several locations. Net positive absorption has continued month over month since the beginning of the year. Recent transactions have likewise moved vacancy rates for both Office and Retail space slightly lower than where they stood at the close of 2017.

"The Tri-Valley market is still seeing a good amount of activity and indications are that we will continue to see the benefits of a strong regional economy. We continue to watch existing tenants expand and see new businesses enter the local market from out of the area" notes James Paxson, Hacienda's general manager. "The investment market has likewise been good so far this year and discussions continue on new development opportunities."

Major Business Activity

Here is a summary of just some of what has gone on in Northern California's largest mixed-use development in the past three months:

Massive Romaine Lettuce E. Coli Contamination Outbreak Prompts SafeTraces To Launch Rapid On-Site Test To Verify Effective Produce Sanitation

SafeTraces, Inc., a San Francisco Bay Area-based company that is marketing ground-breaking food safety solutions, announced today that it has completed the validation of SaniTracers™, a revolutionary material that will become an invaluable tool for food processors as they seek to provide safer products.

Foodborne illness outbreaks are becoming more frequent and far-reaching every day with no end in sight: The latest multistate outbreak of Shiga toxin-producing E. coli O157:H7 infections, linked to contaminated romaine lettuce, has so far resulted in 53 cases of illness and 31 hospitalizations, including 5 cases of a type of kidney failure (i.e., Hemolytic Uremic Syndrome). Over a month after the onset of the outbreak, the source still remains unknown, prompting the CDC to warn consumers to avoid all types of romaine lettuce from the Yuma, AZ region since the exact origin of the product could not be determined. It is evident that the wash process was not effective in removing the contamination which was .... more.

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CEOs Leading Scientific Breakthroughs at Otsuka and Spark Therapeutics to Keynote Veeva Commercial & Medical Summit

Veeva Systems (NYSE: VEEV) today announced that Dr. William H. Carson, president and CEO of Otsuka Pharmaceutical Development & Commercialization, Inc. (Otsuka), and Jeffrey D. Marrazzo, CEO of Spark Therapeutics, will be featured keynote speakers at the 2018 Veeva Commercial & Medical Summit. Otsuka and Spark Therapeutics are at the forefront of innovation in life sciences, delivering first-of-their-kind breakthroughs in digital medicine and gene therapy.

Otsuka's digital medicine system is the first ever to be approved by the U.S. Food and Drug Administration (FDA). Individuals with mental illness and designated members of their care teams can now use a prescription pill with an embedded sensor to track whether the medication is taken as prescribed. Spark Therapeutics' product is the first gene therapy approved by the FDA to target a genetic disease and provide a one-time treatment for people with a rare, inherited ... more.

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CooperVision Creates Specialty Eye Care Business Unit, Names Juan Carlos Aragon as its President

CooperVision, Inc. has announced the creation of its Specialty Eye Care business unit, designed to accelerate eye care professionals' access to innovative products that help improve the way people see each day. Dr. Juan Carlos Aragon has been named President of the business, effectively immediately.

The new Specialty Eye Care business currently encompasses Soflex, Procornea and Paragon Vision Sciences, which design and manufacture highly-specialized contact lenses for the management of myopia and other indications. These organizations will continue to operate independently, yet share technical, clinical and commercial knowledge while benefitting from CooperVision's global presence and infrastructure.

An industry veteran, Dr. Aragon has three decades of experience in general management, professional services, sales, marketing, and business development. Since joining CooperVision in 2000, and has held senior roles in the Americas, Europe and Asia Pacific. Most recently, he was responsible for overseeing the company's Southern & Central European Commercial Operations. He previously served in leadership positions with Ocular Sciences ... more.

New Tenants

Hacienda has recently welcomed a number of new tenants to the park. New tenants arriving in Hacienda over the past three months include:

Cal Engineering Solutions, Inc, - 4637 Chabot Drive, Suite 102
www.calengineeringsolutions.com
Providers of civil and structural engineering services including complete project management services from the design phase through construction management, audits and inspections.

First American Title Company - 4637 Chabot Drive, Suite 105
www.firstam.com/title
First American Title Insurance Company provides comprehensive title insurance protection and professional settlement services for homebuyers and sellers, real estate agents and brokers, mortgage lenders, commercial property professionals, home builders and developers, title agencies and legal professionals to facilitate real estate purchases, construction, refinances or equity loans.

JingleBells, LLC - 5673 W. Las Positas Boulevard, Suite 212
Operators of Taco Bell franchise.

Pacific Homecare Services - 4637 Chabot Drive, Suite 104
www.pacifichomecare.com
Providers of quality home care to the elderly and disabled.

Prolifics Testing - 4637 Chabot Drive, Suite 210
A global technology solutions provider implementing customized, end-to-end IT solutions.

Quanovate - 4637 Chabot Drive, Suite 230
www.quanovate.com
Innovators of mobile health diagnostic platforms making home healthcare more personal, accurate, and reliable.

USA China Network - 4637 Chabot Drive, Suite 118
www.uscnnetwork.com
Providers of SIM cards for travel in China.

Jazz Heating and Air Conditioning - 5627 Stoneridge Drive, Suite 304
www.jazzheatair.com
Residential and commercial heating and cooling services.

AappaKadai - 4555 Hopyard Road, Suite 25
www.aappakadaiusa.com
Restaurant featuring South Indian Chettinad food with vegetarian and non-vegetarian selections.

America's Best Contacts and Eyeglasses - 4515 Rosewood Drive, Suite 300
www.americasbest.com
Offering a wide selection of designer eyeglass frames, contact lenses and eyeglass accessories. Eye exams are available by a professional optometrist or you can bring in an outside prescription.

Barrick Gold Corporation - 4301 Hacienda Drive, Suite 130
www.barrick.com
A gold mining company.

Pocket Sushi - 4747 Hopyard Road, Suite 05
www.pocketsushirestaurant.com
A new concept sushi restaurant.

Sandra J. Wing Healing Therapies Foundation - 5890 Stoneridge Drive, Suite 104
www.healthingtherapiesfoundation.org
Providers of healing therapies, personalized navigation and education at no cost to cancer patients and the cancer community.

Sylvan Learning of Pleasanton - 5688 Stoneridge Drive, Pleasanton
https://locations.sylvanlearning.com/us/pleasanton-ca
Providers of personalized tutoring, academic coaching, advancement and test preparation services for elementary, middle school and high school students.

About Hacienda

Hacienda is the largest development of its kind in Northern California. Over 10 million square feet of existing, mixed-use space is occupied by some 680 companies that locally employ approximately 20,000 people. Hacienda's businesses represent the best and the brightest of contemporary corporate America and provide the home to everything from small offices to regional centers to large campuses for company headquarters. In addition, Hacienda also features homes to some 5,600 residents. Residential developments also provide a full spectrum of choices from stylish rental units to single family detached homes.

Contact Information

Hacienda Owners Association
4305 Hacienda Drive, Suite 330, Pleasanton, California  94588-2738
(925) 734-6500 phone     (925) 734-6501 fax
info@hacienda.org e-mail     www.hacienda.org WWW