HACIENDA ENDS 2011 WITH POSITIVE ABSORPTION THROUGH THE YEAR

For Immediate Release

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

 

PLEASANTON, Calif. — Hacienda is reporting a net positive inflow of tenant activity for 2011. Nearly 350,000 sf of activity occurred in Hacienda during 2011 with net absorption totaling approximately 113,000 square feet. The park is the largest mixed-use development in Northern California.

"Given the overall level of activity in the Tri-Valley in 2011, we see these numbers as a significant indication of Hacienda's value" said James Paxson, Hacienda's general manager. "Furthermore, we are seeing signs that 2012 will also be another year for positive absorption."

Major transactions in 2011 were seen by companies in a variety of business segments, including Omron Network Products (fiber optics), IntegenX (DNA-related laboratory equipment), Aplegen (scientific instruments), Pacific Office Automation (office products), Pure Red Creative (advertising), MetLife Home Loan (finance), Re/Max Accord (real estate), Axis Community Health (health), and Guerrilla Jiu-Jitsu (fitness).

Overview

The following overview provides 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

General

Project and Tenants

About Hacienda

Hacienda is the largest development of its kind in Northern California. Over 10 million square feet of existing, mixed-use space is occupied by some 475 companies that locally employ approximately 17,500 people. Hacienda's businesses represent the best and the brightest of contemporary corporate America and provide the home to everything from small offices to regional centers to large campuses for company headquarters. In addition, Hacienda also features homes to some 3,200 residents. Residential developments also provide a full spectrum of choices from stylish rental units to single family detached homes.

Contact Information

Hacienda Owners Association
4473 Willow Road, Suite 105, Pleasanton, California  94588-8570
(925) 734-6500 phone     (925) 734-6501 fax
info@hacienda.org e-mail     www.hacienda.org WWW

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