For Immediate Release

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

PLEASANTON, Calif. — Hacienda activity remains relatively unchanged from the close of 2022 with a slight improvement seen in retail occupancy. Despite relatively good activity through most of the prior year, with the fourth quarter of last year has come a decidedly more temperate market; particularly for office occupancy. Sub-lease activity in the office sector saw a dramatic increase at the end of the fourth quarter and additional sub-lease activity is expected which will further increase office vacancy rates. Likewise, despite a strong year in 2022 for investment, current investment activity is stalled. It is expected that there will be some time of market stabilization needed before either of these areas shows improvement. The park is the largest mixed-use development of its kind in Northern California.

“Net absorption has changed little since the close of 2022. The slight improvement seen has come from a slight increase in flex space occupancy that recently took place,” commented James Paxson, Hacienda's general manager. "Office, retail and warehouse vacancy has not changed over the last two months. However, we are aware that there is likely to be additional office space placed on the market as some of the larger office occupiers look at sub-leasing space that is no longer needed. Overall net absorption, as a result, is about .2% higher than the occupancy seen as of December 31, 2022. The next few months will likely see some additional reassessment of space demand and continued shifts in the market."

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:

Nous Infosystems attains Solutions Partner designation in the Microsoft Cloud Partner Program

Pleasanton, California — Nous Infosystems today announced it has attained the newly released Solutions Partner designation, demonstrating the organization’s deep knowledge, extensive experience, and technical capabilities in delivering successful customer outcomes aligned to the Microsoft Cloud. Nous is one of the first Microsoft partners to attain this designation.

The Solutions Partner designation strengthens Nous’ long-term partnership with Microsoft, enabling the company to build on its existing capacities to help clients overcome disruption and lead transformation in their industries. The achievement follows Nous’ receipt of the Modernization of Web Applications to Microsoft Azure advanced specialization.

“The Solutions Partner designation is yet another milestone and a timely ... more.

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BlackLine Named to First Annual TrustRadius Best Software List

BlackLine, Inc. (Nasdaq: BL) has been named to the inaugural ‘Best Software’ list from TrustRadius, a leading software peer review platform providing unbiased recognition of technology products based entirely on customer feedback.

The TrustRadius Best Software list recognizes “the best software products based on customer satisfaction, performance via reviews and market size fit.” BlackLine earned accolades in the ‘Best Overall’, ‘Best for Enterprise’ and ‘Best for Mid-Sized’ categories.

“BlackLine was selected for the 2022 Best Software List as best suited for both mid-sized and enterprise businesses,” said Megan Headley, vice president of research at TrustRadius. “These awards are based directly ... more.

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Homebridge honored as NMP 2023 Diversity Leaders

Homebridge has been honored as one of the National Mortgage Professionals 2023 Diversity Leaders. It is a privilege to be recognized for our continued work toward prioritizing Diversity, Equity, and Inclusion, (DEI) within the mortgage industry.

We center our efforts toward creating greater inclusion within the home financing industry around three pillars: education, community, and culture. We believe that our focus on these areas provides us with a platform to bring about real, impactful change for our workforce and the communities we serve.

The Homebridge Office of Diversity and Inclusion, led by Senior Vice President and Chief Diversity & Inclusion Officer, Brian “Woody” White, is working to ensure that these three pillars are ingrained in the Homebridge journey as we help customers achieve ... more.

New Tenants

Hacienda has welcomed new tenants to the park. New tenants recently arriving in Hacienda include:

CharmHealth - 4141 Hacienda Drive
www.charmhealth.com
CharmHealth suite of products is a leading comprehensive solution including Electronic Health Records (EHR), Practice Management (PM) and Revenue Cycle Management (RCM) for independent medical practices.

Total Success Inc. - 5994 W. Las Positas Boulevard, Suite 215
www.totalsuccessinc.com
A marketing and branding agency.

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 630 companies that locally employ over 15,700 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 approximately 6,000 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