For Immediate Release

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

PLEASANTON, Calif. — Hacienda, a leading Northern California development, is seeing continued expressions of its appeal and enrichment of its diverse tenant community with new business activity garnered over the last ten months. This activity is another indication of Hacienda’s ongoing resilience in a challenging market and provides evidence that Hacienda’s dynamic mix of uses, amenities and services is ably meeting current business needs. As the year ends, Hacienda Helping Hands, Hacienda’s community initiative, is again encouraging its affiliates to support key philanthropic organizations to help build on the development’s commitment to social responsibility and economic vitality.

Occupacy & Leasing

In November, Hacienda's occupancy declined slightly to 6,933,254 square feet, down from the yearly peak of 6,959,573 square feet in October. The majority of leasing activity so far this year has been in spaces under 10,000 square feet, accounting for 95.17% of transactions and 36.15% of the total leased square footage. By contrast, leases for spaces between 10,000 and 50,000 square feet comprised 3.45% of deals and 23.58% of the total space leased. Larger spaces over 50,000 square feet, while only 1.38% of transactions, made up a substantial 40.27% of the total leasing volume.

Hacienda, known for promoting innovation and commerce, has attracted some prominent tenants and lease renewals this year. The newest lease addition comes from a medical device company, Calyxo, Inc., which has an established facility in Hacienda. This follows completed leases from ACCO Engineered Systems (ACCO), the parent company of current Hacienda tenant Sunbelt Controls, which announced its relocation to a new space at 5890 Owens Drive in Hacienda, taking up 67,757 square feet on the second and third floors as well as Sunbelt Controls own expansion within Hacienda.

Other recent activities include relocations within the park by Edge Sales & Marketing and Packet Fusion, along with new leases from Shea Homes, Zest Consulting, and Stanford Health Care’s Tri-Valley Family Medicine Residency Program, as well as with its Graduate Medical Education Office.

Hacienda Helping Hands

Hacienda Helping Hands, Hacienda’s community initiative, invites community members, business affiliates, and partners to join its annual campaign to support essential local organizations in the Tri-Valley area. This year, the initiative focuses on aiding the Tri-Valley Nonprofit Alliance (TVNPA) and the Three Valleys Community Foundation (3VCF), two organizations addressing critical needs amidst rising demand for community support services. Through this campaign, Hacienda Helping Hands encourages donations and engagement to empower these groups that significantly impact the region.

TVNPA, celebrating its 10th anniversary in 2024, strengthens community-based organizations through training, collaboration, and funding. With a "Together We Rise" matching campaign in partnership with the Community Health & Education Foundation, donations to TVNPA will be matched 50% from November 1 to December 31. Meanwhile, 3VCF continues to address mental health, wellness, and environmental causes through its Power of Collaboration Corporate Challenge. Hacienda Helping Hands is dedicated to advancing youth development, healthcare, housing, and other vital initiatives, inspiring the community to support these efforts through donations and raising awareness.

"Hacienda Helping Hands is proud to support organizations that uplift our community and make a real difference in people's lives. By partnering with the Tri-Valley Nonprofit Alliance and the Three Valleys Community Foundation, we are empowering essential services that promote wellness, resilience, and opportunity across the region. This year, we invite everyone to join us in creating meaningful change that benefits all our neighbors,” said James Paxson, Hacienda’s general manager. “At the same time, Hacienda continues to perform well in a challenging market. Our occupancy reflects the ongoing appeal of a Hacienda address, as we cater to a diverse tenant community. Recent moves and lease renewals by prominent names such as Edge Sales & Marketing, Packet Fusion, along with new tenants like Shea Homes, Zest Consulting, and Stanford Health Care’s Tri-Valley Family Medicine Residency Program, highlight Hacienda’s role as a dynamic and highly attractive center for innovation, commerce, and community engagement."

Dynamic Mix of Industries

Hacienda continues to showcase a stable mix of industries, with business services occupying 1,523,088 square feet and biomedical companies taking up 1,121,006 square feet. The software development sector accounts for 553,154 square feet, and manufacturing uses 498,570 square feet. Hacienda’s tenant base also features substantial representation from retail, hotel, healthcare, education, and consumer goods industries. This diversity highlights the area's broad employment opportunities and dynamic role as a thriving center for multiple sectors.

Hacienda maintains its status as a pivotal regional employment center, with Kaiser as the largest employer with a workforce in the thousands. Other notable organizations thrive within Hacienda's dynamic environment, including Boeing, Caltrans, CooperVision, The Gap, Morgan Stanley, Oracle, Roche Molecular Systems, Verizon, and Walmart. 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.

Hacienda's diverse range of industries is easily accessible through the site's Business Locator, which provides comprehensive insights into its tenant roster. Whether you're looking for information on recent arrivals, specific companies, or industry sectors, the Business Locator is a valuable resource for businesses, professionals, and stakeholders.

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 675 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