For Immediate Release

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

PLEASANTON, Calif. — Hacienda, the premier business park in Northern California, has recently seen a recent boost in overall occupancy, adding to a varied tenant composition and heightened activity in new lease agreements. The recent activity reaffirms Hacienda as an epicenter for innovation and economic vigor within the Bay Area. Part of the appeal of Hacienda and the Tri-Valley area is the existence of varied community events offered to residents and employees alike. Many organizations, including Alameda County, the Pleasanton Downtown Association, and the City of Pleasanton, host a busy summer activity schedule that promises an exciting season of community engagement and entertainment.

Occupancy & Leasing

Hacienda’s occupancy figures this month came to 6,877,338 square feet, a number slightly higher from the previous month and at the highest level since the start of the year. Most of the year-to-date activity continues to be from available space under 10,000 square feet, which accounted for 88.24% of all transactions and just over 63.82% of the total volume of leased space. Conversely, 11.76% of deals were in spaces sized 10,000 - 50,000 square feet, accounting for close to 36.18% of all space leased during the year.

Hacienda is renowned for its role in fostering innovation and commerce and last year welcomed a roster of distinguished new tenants and renewals, among them relocations within Hacienda by ADP and Inneos, and renewal leases by Walovich Architects Group. New leases were executed recently by The Bay Area Fencing Club, and K&A Engineering Consulting, P.C.

The industry representation within the development has remained largely consistent. Business services occupy 1,523,088 square feet, followed by biomedical companies with 1,121,006 square feet. The software development sector covers 553,154 square feet while manufacturing accounts for 498,570 square feet. Hacienda's diverse tenant mix also includes significant representation from retail, hotels, health, education, and consumer goods industries. This variety underscores the region's abundant employment opportunities and its role as a vibrant hub for multiple sectors.

Hacienda continues to strengthen its status as a pivotal regional employment center, with Kaiser as the largest employer with a workforce in the thousands. Other notable organizations, including Boeing, Caltrans, CooperVision, The Gap, Morgan Stanley, Oracle, Roche Molecular Systems, Verizon, and Walmart, thrive within Hacienda's dynamic environment. This diverse array of employers reaffirms Hacienda's position as a premier hub for innovation, commerce, and a wide range of career opportunities in the Bay Area.

The spectrum of industries represented within Hacienda is easily accessible through the site's Business Locator, offering comprehensive insights into its diverse tenant roster. Whether seeking information on recent arrivals, specific companies, or industry types, the Business Locator serves as a valuable resource for businesses, professionals, and stakeholders alike.

"We are encouraged by the activity seen to date in 2024," remarked James Paxson, Hacienda’s general manager. "The mix of transactions and the continued interest that we have seen confirms the fact that Hacienda remains dynamic and bustling. Welcoming new tenants alongside continued commitments from established companies reflects the enduring appeal of our innovation-driven environment."

Abundant Summer Events

For Hacienda residents and employees, the rich tapestry of community events such as the Alameda County Fair, Concerts in the Park, pedestrian-friendly weekends, and Movies in the Park offers abundant opportunities for engagement, entertainment, and relaxation right in their backyard. The Alameda County Fair, held annually in Pleasanton, is a beloved tradition that draws visitors from across the Bay Area for its vibrant blend of entertainment, agriculture, and community celebration. Established in 1912, the fair features a wide range of attractions, including carnival rides, live music performances, livestock shows, competitive exhibits, and an array of food vendors offering classic fair treats. Highlighting the region's rich agricultural heritage, the fair hosts horse racing events and educational exhibits connecting visitors with the local farming community.

Concerts in the Park season returns to Downtown Pleasanton this summer. This favorite series kicks off your weekends with outstanding music and vibrant community spirit, aligning with PDA’s mission to enhance downtown Pleasanton's economic vitality and hometown charm. Running every Friday evening, except the first Fridays, from June through August, the free concerts will be held from 7:00 to 8:30 pm at Lions Wayside Park, located at First Street and Neal Street. With a diverse lineup of performers, the Concerts in the Park series promises music for everyone.

The first weekend of each month is reserved for the transformation of Main Street into a pedestrian-only zone. Enjoy expanded shopping, dining, and unique experiences, which started the weekend of June 1st. Main Street will close to vehicle traffic at 3:00 p.m. on Fridays and reopen at 9:00 p.m. on Sundays, with pedestrian access from 5:00 p.m. Fridays to 8:00 p.m. Sundays through August. This popular event features special Saturday activities, adding fun surprises to enhance your visit. For the full schedule, visit www.pleasantondowntown.net/first-weekends-presents-lineup-2024.

The City of Pleasanton also hosts Movies in the Park, a community favorite running from June 20th through August 1st. Hosted by the Pleasanton Library and Recreation Department, this event offers a fun mid-week boost of community spirit with free family films every Thursday at dusk. Bring your blankets, snacks, and low beach chairs to Amador Valley Community Park, 4455 Black Avenue, for a relaxed outdoor big-screen experience. The list of featured movies is available here: www.hacienda.org/news-events/hacienda-online/community-news/2024/pleasanton-2024-movies-park.

"Hacienda is looking forward to the annual Alameda County Fair and the Pleasanton Downtown Association's summer events, bringing a season filled with music, community, and excitement," stated James Paxson, Hacienda’s general manager. "From the lively Concerts in the Park series to the Main Street pedestrian zones and the beloved Movies in the Park, these events epitomize the vibrant spirit of our community. We feel lucky to be able to enjoy the initiatives that enrich the cultural fabric and economic vitality of Pleasanton, fostering unforgettable experiences for residents, those who work here, and visitors alike."

Hacienda Overview

The following overview will provide you with information on the most recent Hacienda activity pertaining to occupancy, tenants, sales and regional data of interest. Please also refer to selections found under the Project Overview section of our web site for related information.

Park Activity

• Occupancy and Major Tenant Transactions {Summary of occupancy information and major tenant activity}

• Development {Summary of development approvals and project construction information}

• Sales {Summary of project sales}

General

• Population {Summary of employee and residential population}

• Land Use Summary {Summary of activity by land use}

• Demographics (Area and Community) {Summary of demographic characteristics from 2020 US Census and 2022 American Community Surveys}

• Valuation {Summary of valuation}

Projects and Tenants

• Property Profiles {Summary of project specific information}

• Business Directory {Summary of businesses located in Hacienda}

About Hacienda

People come to the San Francisco Bay Area for many reasons: a spectacular natural setting, a sophisticated lifestyle, and unique professional opportunities. Quality of life means having the best of everything within easy reach, whether it's world-class restaurants, theater and museums, the best learning institutions in the country, or some of the finest services available.

Quality of life applies to business, too: having easy access to needed resources, being among other industry leaders, and knowing that you are part of a region that leads the world in innovation. When working and living environments both enhance quality of life, the result is an unbeatable combination that leads to success; and that is what you will find at Hacienda.

Centered in a dynamic region and propelled by the Standard Metropolitan Statistical Areas of San Jose, Oakland, and San Francisco, the Bay Area is a robust economic region. Hacienda, located near the center of the Bay Area in Pleasanton, spans 875 acres and is home to over 630 companies employing approximately 15,700 people. In addition to being a hub for business, Hacienda also features homes for about 6,000 residents, offering a full spectrum of residential choices.

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