For Immediate Release

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

PLEASANTON, Calif. — While there has been somewhat of a pause owing to the COVID-19 pandemic, limited tenant activity has continued during the second quarter of the year. Around 50,000 square feet of transactions have occurred to date since January 1 and net occupancy has increased since December 31, 2019. The park is the largest mixed-use development of its kind in Northern California.

"So far, Hacienda's second quarter occupancy remains positive over the close of the prior year. However, we have certainly not yet seen the full impacts on our local market resulting from the COVID-19 pandemic and related responses" stated James Paxson, Hacienda's general manager. "Recent announcements have highlighted vulnerabilities with some tenants, most notably in the retail sector, and it is still unclear what the combined effects of business closures, whether temporary or permanent, and economic stimulus packages will have over the next several months. However, the real news to celebrate comes from the stories of what Hacienda businesses are doing to address the severe impacts created by COVID-19."

Major Business Activity

Here is a summary of just some of what has gone on in Northern California's largest mixed-use development in the past three months:

OMRON Supports COVID-19 Relief Efforts With Donations to Charitable Organizations

HOFFMAN ESTATES, IL, April 21, 2020 - OMRON, a global technology company, recently announced a series of cash and product donations to local charities through OMRON Foundation, its charitable arm in the United States, and through OMRON Healthcare, Inc. This funding is meant to help communities weather a range of challenges caused by the worldwide coronavirus outbreak.

"OMRON's mission is to improve lives and contribute to a better society, and now is one of the most important times to be helping out our communities," says Nigel Blakeway, chairman and ... more.

-=-=-=-

As Schools Close Due to COVID-19, Students Shift to Online Learning

Transitioning from bustling physical classrooms full of learning students to virtual spaces housed on the internet is a Herculean task for any educator. But when the state of Florida announced on March 13, 2020, that it would close schools in an effort to slow the spread of the novel coronavirus, Miami's Ruben Dario Middle School was primed for the challenge. As a participant in Verizon Innovative Learning, each student already had a device and data plan they could use at home, making it easier for teachers to tap into the trove of digital classroom resources they were already using so students can continue learning afar.

"Verizon provided Ruben Dario Middle School's administrators, faculty, staff and students an opportunity to transition to distance learning without any major disruption due to having devices already in hand," says Vanessa Quintana, Verizon Innovative Learning coach at Ruben Dario. "We were equipped with the experience, skills and knowledge to facilitate learning online." ... more.

-=-=-=-

Ellie Mae Digital Lending Platform Innovation Supports Lenders during COVID-19 Situation

PLEASANTON, Calif. - Apr. 2, 2020 - Ellie Mae®, the leading cloud-based loan origination platform provider for the mortgage industry, offers the following Ellie Mae Digital Lending Platform capabilities to support lenders during the evolving COVID-19 pandemic.

"We recognize that in these unprecedented times, lenders are experiencing increased refinance loan volumes while contending with the need to support virtual workforces and consumer demand for online services," said Jonathan Corr, President and CEO of Ellie Mae. "With the Ellie Mae Digital Lending Platform, lenders can take advantage of Ellie Mae innovation as well as the capabilities provided by our robust network of partners who are speeding innovation and integrations to meet ... more.

New Tenants

Hacienda has recently welcomed a number of new tenants to the park. New tenants arriving in Hacienda over the past three months include:

Cupertino Electric - 4683 Chabot Drive, Suite 260
www.cei.com
An electrical engineering and construction company.

Joyful Kids Club - 5627 Gibraltar Drive, Suite 200
www.crosspointchurchsv.org/JoyfulKidsClub/about-us
A heritage school to teach Chinese language, provide homework and study support, and offer enrichment and interest classes for students in grades kindergarten to 8th. (Relocation within Hacienda)

Chabot Las Positas Community College District - 5860 Owens Drive, 3rd Floor
Administrative and training classrooms.

Inscripta, Inc. - 5720 Stoneridge Drive, Suite 300
www.inscripta.com
A digital genome engineering company.

Epic Industries - 5635 W. Las Positas Boulevard, Suite 409
www.epicwatchbands.com
Designers of a wide selection of high-quality bands, straps and accessories for the Apple Watch.

Kalera Medical Inc. - 4473 Willow Road
An early stage start up developing a product for the treatment of kidney stones.

Office1 - 5627 Stoneridge Drive, Suite 316
www.office1.com/greater-bay-area
An office technology and IT solutions provider.

Lee Ng & Associates - 4305 Hacienda Drive, Suite 360
www.leenga.com
Offering financial planning and investment management services.

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 680 companies that locally employ over 20,000 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 approximately 6,000 residents. Residential developments also provide a full spectrum of choices from stylish rental units to single family detached homes.

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