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Published January 19, 2017
Volume 1, Number 1



2016 Another Dynamic Year Full of Activity

Hacienda saw another busy year in 2016 with significant new tenancy, expansions, acquisitions and more. Roche Molecular Systems continued with the development of their new three-story, 70,700 square foot building on its existing Hacienda campus, which will be completed in the early part of 2017. Hacienda also saw continued progress on three major residential projects: two by Essex and a third by Summerhill.

Roche Expansion  Anton Hacienda

Added to this was another year of strong absorption with accopanying investment in existing facilities. Substantial improvements were made to accommodate such Hacienda luminaries as Ellie Mae and Zeltiq. Additional work was performed to bring in retailer Orchard Supply Hardware and other singular projects such as Pulte Homes new Northern California headquarters and design center. A list of some of the feature tenant activity appears below.

Roche  Andares

essex  Essex

Summary of Major Activity in 2016
     
Development Activity (approved, under construction or completed)

Roche Molecular Systems Construction: 70,700 sf
Essex Hacienda Construction:  251 units and Public Park
Essex Hacienda Construction:  255 units and 5,700 sf Retail
Summerhill Construction: 94 units

Andares Axis Community Health

Major Tenant Activity

 

Roche Molecular Systems ~ 76,000 sf
Crosspoint Church ~ 23,000 sf
Pulte ~ 26,000 sf
Convirgint Technologies LLC ~ 17,000 sf
Sensiba San Filippo LLP ~ 12,000 sf
Zeltiq ~ 110,000 sf
Orchard Supply Hardware ~ 35,000 sf
ThinkHR ~ 14,000 sf
Ellie Mae ~ 160,000 sf
AVI-SPL ~ 11,000 sf
Employee Benefit Solutions ~ 18,000 sf
PureRED Integrated Marketing ~ 13,000 sf
Purigen ~ 16,000 sf
ATI Architects and Engineers ~ 13,000 sf
ProSomnus Sleep Technologies ~ 13,000 sf
Overall Tenant Activity   ~ 648,000 sf

 

Size
Transaction
Volume
Space
Absorbed
< 10K sf 75.38% 15.41%
10K-50K sf 20.00% 32.81%
> 50K sf   4.62% 51.78%