For Immediate Release
Contact: James Paxson, General Manager Hacienda Owners Association 925.734.6500
PLEASANTON, Calif. - Hacienda saw another year of strong growth in 2016. Over 648,000 sf of tenant activity occurred in Hacienda last year along with new project approvals, and construction activity on a new office building and three new residential communities. Net space absorption totaled over 260,000 square feet. The park is the largest mixed-use development of its kind in Northern California.
"In less than twenty-four months Hacienda saw net absorption of over half a million square feet" says James Paxson, Hacienda's general manager. "Hacienda is close to occupying, on net, nearly 7.5 million square feet of space. This is the highest amount occupied in the development's history. Going forward, we will be both building new product and occupying additional space before the end of this year."
Major transactions in 2016 were seen by companies in a variety of business segments, including Pulte (residential development), Orchard Supply Hardware (retail), Purigen (biomedical), Ellie Mae (financial) (expansion), Employee Benefit Specialists (benefit administration) (relocation & expansion), and Crosspoint Church (religious).
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.
Hacienda is the largest development of its kind in Northern California. Over 10 million square feet of existing, mixed-use space is occupied by over 680 companies that locally employ approximately 19,500 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 4,500 residents. Residential developments also provide a full spectrum of choices from stylish rental units to single family detached homes.