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Published January 15, 2013
Volume 21, Number 1


New Construction Projects Provide Hacienda Headlines in 2012 


BRE Properties received approval for a mixed-use, transit-oriented development
which will feature over 500 residential units in 20 three- to five-story buildings (top). 
A rendering for new construction at 5850 West Las Positas Boulevard (bottom).


Paralleling the resurgent Bay Area economy, Hacienda saw a number of new construction projects either approved or begun in 2012, as well as significant leasing activity. Here’s the story of the previous 12 months in Hacienda in both numbers and images.

Summary of Major Activity in 2012
     
Development Activity (approved or under construction)
BRE - Site 1 255 units / ~5,700 sf retail
BRE - Site 2 251 units / public park
Maddie's Fund ~141,000 sf
Mercedes-Benz ~72,200 sf



A major expansion at Mercedes-Benz of Pleasanton (top) requires
the use of a large crane (bottom)


Major Tenant Activity
Blackhawk Network -- ~30,000 sf
Club One Pleasanton --  ~17,000 sf
Cooper Bussmann -- ~23,000 sf
CPU Tech -- ~47,000 sf
Ellie Mae -- ~12,000 sf
Gap Inc. -- ~35,000 sf
Hitachi -- ~23,000 sf
Maddie's Fund -- ~80,000 sf
Service Max -- ~17,000 sf
Sunbelt Controls -- ~11,000 sf

Overall Tenant Activity -- ~573,000 sf


Longtime tenant CPU Tech expanded to a new building.

Lease Transactions
< 10K sf 87.10%
10K-50K sf
11.88%
> 50K  sf 1.00%

Space Absorbed
< 10K sf 36%
10K-50K sf 50%
> 50K sf 14%


Club One Fitness opened just before the New Year. 
 

Also in this issue ...