Hacienda Sees Continued Signs of Recovery As Second Quarter Progresses

For Immediate Release

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

 

PLEASANTON, Calif. — While new tenant activity has been stalled, there are significant signs of business levels increasing as the economy begins the process of re-opening in the wake of the Covid-19 pandemic. With anticipation mounting that the state's proposed relaxation of Covid-19 restrictions on June 15th will mean that business life can start to return to normal, tenant transactions delayed by the pandemic and response measures appear to be on the increase. Around 37,000 square feet of transactions have occurred to date since January 1 in Hacienda. The park is the largest mixed-use development of its kind in Northern California.

“Hacienda's tenant cycle is still working through the disruption caused by the effects of the Covid-19 pandemic which has resulted in delays in the normal course of new activity that would have been seen over the last several months. However, there are increasing signs of the market returning to a more normal state as stalled transactions resume and new interest starts to emerge” noted James Paxson, Hacienda's general manager. "There has been a decided increase in interest in Hacienda sites from prospective tenants over the last few months. In addition, two large investment sales have recently completed. We see these as very positive signs and are watching for continued improvement over the next several months.”

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:

Veolia Nordic Selects ServiceMax For Digital Cloud Field Service Management

PLEASANTON, CA – March 11, 2021 – ServiceMax, the leader in asset-centric field service management, today announced that Veolia Nordic, part of the Veolia Group, the global leader in optimized resource management for water, waste and energy management solutions, has selected ServiceMax’s field service management platform. ServiceMax will support the digitization of Veolia’s industrial services in the cloud, creating a cloud service execution platform for greater collaboration and knowledge sharing across business units, increased automation and ... more.

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New State Compensation Insurance Fund Training and Recognition Program Focuses on Safety

PLEASANTON, CA—State Fund’s Safety Training and Recognition (STAR) Program is designed to help employers learn and implement safer work practices with free online safety training. Maintaining a safe workplace is not only good for business, it’s quite simply the right thing for employers to do for their workers.

Participating policyholders with sheet metal, carpentry, and roofing class codes will complete training on fall prevention, while all other participating policyholders will receive training on building a strong safety culture at their workplace, including the creation and implementation of ... more.

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Robert Half Named To Forbes' List Of America's Best Employers For Diversity 2021

MENLO PARK, Calif., April 20, 2021 -- Global staffing firm Robert Half (NYSE: RHI) announced today it has been named to Forbes' list of America's Best Employers for Diversity for the third year in a row. The companies selected for the list are recognized for their inclusion efforts related to gender, ethnicity, LGBTQ+, age and disability, and is based on an independent survey of more than 50,000 workers in the U.S. at companies with at least 1,000 employees.

"At Robert Half, we have a long history of honoring diversity, equity and inclusion and we are proud to be recognized for these ongoing efforts," said M. Keith Waddell, Chief Executive Officer of Robert Half. "Our commitment to these values is stronger than ... 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:

Pleasanton Physical Therapy - 5976 W. Las Positas Boulevard, Suite 110
www.backontrack-pt.com
Providers of physical therapy services.

Sri Venkateswara Grocery & Kitchen - 5690 Stoneridge Drive
Coming Soon: A grocery store specializing in Indian cuisine.

Pinnacle Wellness Center - 5994 W. Las Positas Boulevard, Suite 207
www.pinnacle-wellnesscenter.com
Providers of holistic chiropractic care.

The CORE Group - 5880 W. Las Positas Boulevard, Suite 31
www.coregroupsales.com
A national food service sales agency.

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

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