For Immediate Release

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

PLEASANTON, Calif. — Hacienda's resilience was on full display as tenants of all sizes adapted to rapidly changing conditions brought on by the Covid-19 pandemic and the related response throughout 2020. Whether pivoting to new business models, developing remote work regimes or actively engaging in work to address the pandemic in one form or another, Hacienda businesses worked hard to meet the challenges with which they were confronted.

"While no new building development occurred in Hacienda during 2020, a number of projects were advanced at various locations" notes James Paxson, Hacienda's general manager. "These projects included a variety of site and building improvements; some performed in anticipation of new tenants. There is no question that our market has been impacted by the events of the last year. However, we are encouraged by the ongoing activity seen to upgrade sites in response to tenant needs. The added complication of the pandemic has also been to alter the normal churn of our business cycle in such a way as to delay the onset of new business that we believe will eventually locate in the development. We are hopeful that, with the acceleration of the response to Covid-19, later this year we will start to see not only stabilization of economic activity but a resumption of interest in investment that has been the hallmark of the last several years."

Major transactions in 2020 were seen by companies in a variety of business segments. Tenant transactions include: Stanford Health Care/ValleyCare (Health Services), Calyxo (Biomedical), Joyful Kids Club (Tutoring), Maruti Food LLC (Retail), and Vector Atomic (Telecommunications).

Overview

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.

Park Activity

• Occupancy and Major Tenant Transactions {Summary of occupancy information and major tenant activity}

• Development {Summary of development approvals and project construction information}

• Sales {Summary of project sales}

General

• Population {Summary of employee and residential population}

• Land Use Summary {Summary of activity by land use}

• Demographics (Area and Community) {Summary of demographic characteristics from 2010 US Census and 2019 American Community Surveys}

• Valuation {Summary of valuation}

Projects and Tenants

• Property Profiles {Summary of project specific information}

• Business Directory {Summary of businesses located in Hacienda}

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 nearly 700 companies that locally employ approximately 19,000 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 some 5,800 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