For Immediate Release

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

PLEASANTON, Calif. — Hacienda activity has produced only nominal changes since the close of 2021. A recent increase in the volume of activity has slowed over the last several weeks and the current course of activity has seen new tenants roughly off-setting tenant departures. While activity had increased toward the end of the fourth quarter of 2021 and into the first quarter of 2022, the pace has now slowed somewhat into the middle of the second quarter. Interest in Hacienda facilities continues to be expressed including for retail space as well as spaces suited for laboratory use, light manufacturing and assembly, and logistics. Investment in Hacienda continues to be strong with a sale having closed at the beginning of the month and no fewer than three additional sales expected to be completed before the end of the third quarter. The park is the largest mixed-use development of its kind in Northern California.

“Net absorption has been virtually unchanged since the close of 2021. Office vacancy has declined slightly since the end of 2021, but other products have seen slight increases in vacancy at the same time. Overall net absorption, as a result, is off by less than 1% of the occupancy seen as of December 31, 2021,” noted James Paxson, Hacienda's general manager. "The changing nature of Covid-19 is still producing uncertainty about how occupancy of facilities will resume. However, as we move into a more endemic environment, it is expected that greater certainty about space utilization will also occur and, with that, more assurance about committing to new space requirements. There are still several market areas that remain in high demand, particularly around life sciences and logistics, and we are optimistic about how this demand will translate into increased activity at Hacienda within the next few 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:

AC Martin Participates in Women Build 2022

Pleasanton, Calif. — Women of AC Martin proudly joined Turner Construction Company in Habitat for Humanity of Greater Sacramento’s Women Build 2022. The team helped in painting, nailing, and installing shear walls, and post and beams at homes. The program will provide affordable homeownership to 60 low-income individuals including ... more.

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Oracle and AICPA & CIMA Team Up to Tackle the Technology Skills Gap in Finance

Austin, Texas and New York — Oracle and the Association of International Certified Professional Accountants (the Association) founded by the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA), today announced an introductory certification series to address the technology skills gap in finance and accounting. Created in collaboration with Oracle, AICPA & CIMA’s new “Agile Finance Transformation Certification Series” is designed to equip finance leaders with practical knowledge required to embrace the latest finance technology, processes, best practices, and skills to help them succeed ... more.

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Diversified Awarded Four ISO Certifications by SAI Global

Diversified, a leading global technology solutions provider, today announced it has obtained four different ISO certifications by SAI Global including ISO 9001:2015 (quality), ISO 45001:2018 (safety), ISO 14001:2015 (environment) and ISO 27001:2013 (information security). By meeting the extensive criteria of these standards, Diversified has proven its commitment to protecting sensitive information, the environment as well as consistently and safely delivering quality outcomes to clients worldwide.

“This is a milestone moment for Diversified,” said Bob Tunis, who leads the company’s Project Management Office (PMO). “I am so proud to have been part of the certification process and to work with such a dedicated team of talented individuals that are committed to ... more.

New Tenants

Hacienda has welcomed new tenants to the park. New tenants recently arriving in Hacienda include:

Starship Technologies - 5673 W. Las Positas Boulevard, Suite 213
www.starship.xyz
Building a network of robots for on-demand robot delivery services.

Homelight - 3875 Hopyard Road, Suite 174
www.homelight.com
Everything you need to successfully buy or sell your home on one platform.

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 675 companies that locally employ nearly 18,000 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. To learn more, please visit: www.hacienda.org.

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