For Immediate Release

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

PLEASANTON, Calif. — Hacienda, Northern California's premier business park, is seeing continued growth in occupancy, bolstering its diverse tenant base. Recent notable relocations within Hacienda, alongside new leases, underscore Hacienda’s continued appeal as a premier business hub and highlight its significant role as a dynamic center for both innovation and entrepreneurship in the Bay Area.

Occupancy & Leasing

In September, Hacienda's occupancy reached 6,944,301 square feet, marking another incremental increase from the previous month and setting a new high for the year. Most of the year-to-date activity occurred in spaces under 10,000 square feet, which accounted for 96.18% of all transactions and 39.75% of the total leased volume. In comparison, spaces between 10,000 and 50,000 square feet made up 2.29% of deals, contributing 13.28% of the total space leased, while larger spaces over 50,000 square feet, though comprising just 1.53% of transactions, represented an impressive 49.69% of the total leasing volume.

Hacienda, known for promoting innovation and commerce, has attracted some prominent tenants and lease renewals this year. ACCO Engineered Systems (ACCO), the parent company of current Hacienda tenant Sunbelt Controls, recently 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. The company is adding this Hacienda location to its Bay Area footprint, which includes locations in San Jose, San Carlos, Concord, San Francisco, Novato, and a 9-acre manufacturing campus in San Leandro, marking a significant expansion in its local presence. This strategic relocation highlights ACCO's continued growth and commitment to providing advanced solutions in commercial HVAC, plumbing and building automation systems from a location that has access to the entire region.

Other recent activities include relocations within Hacienda 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 is experiencing solid activity in a challenging market, with September's occupancy showcasing the ongoing strength and appeal of a Hacienda address,” said James Paxson, Hacienda’s general manager. “This progress reflects our ability to address the needs of a diverse tenant community, resulting in recent moves and lease renewals by prominent names such as Edge Sales & Marketing and Packet Fusion. We are also thrilled to welcome new tenants, including Shea Homes, Zest Consulting, and Stanford Health Care’s Tri-Valley Family Medicine Residency Program. These developments reinforce Hacienda’s status as a dynamic and highly attractive center for innovation and commerce.”

The diverse industry representation within Hacienda has remained largely consistent, with business services occupying 1,523,088 square feet and biomedical companies covering 1,121,006 square feet. The software development sector accounts for 553,154 square feet, while manufacturing takes up 498,570 square feet. In addition, Hacienda’s tenant mix includes significant representation from the retail, hotel, health, education, and consumer goods industries. This diversity underscores the region’s wide range of 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.

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 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 675 companies employing approximately 15,000 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