For Immediate Release

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

PLEASANTON, Calif. — Hacienda, the premier mixed-use hub in Northern California, showed resilient market health throughout August 2026. While space utilization dipped slightly over the month following a brief climb from June to July, the broader picture continues to reflect gains in a challenging and dynamic market. Transactional volume for the year stayed diverse, spanning a wide array of business scales. Smaller deals made up the bulk of the count, yet major contracts represented a significant portion of the total square footage. These combined indicators underscore the development's lasting draw for various enterprises and establish a firm path for the months ahead.

Space Utilization and Transaction Trends

Inventory usage held firm from June through August. After rising from 6,670,672 to 6,673,388 square feet between June and July, the total footprint eased to 6,657,075 square feet in August. Despite this minor monthly fluctuation, the overall trend reflects a solidlevel of tenant retention.

Quarterly results showcased persistent interest across various footprint sizes, with modest-scale agreements forming the majority of new contracts. Nearly 84% of all deals focused on areas under 10,000 square feet, proving strong demand from small and mid-sized entities. Meanwhile, transactions between 10,000 and 50,000 square feet comprised roughly 10% of the total volume. Even though high-capacity signings were less frequent, they accounted for over 60% of the total square footage secured. This balanced spread confirms Hacienda's widespread appeal to both emerging firms and global corporations.

"August reflected steady overall performance at Hacienda, with occupancy remaining relatively stable and leasing activity continuing across a broad range of tenant sizes," said James Paxson, General Manager of Hacienda. "While occupancy experienced a modest pullback from July, demand remained active, particularly among small and mid-sized businesses, while larger transactions continued to account for a significant share of the square footage leased. These monthly trends demonstrate the continued diversity of Hacienda's tenant base and provide encouraging momentum as we move through the remainder of 2026."

Tenant Highlights

MedeAnalytics, a Hacienda tenant since July 2025 and a healthcare performance improvement company specializing in AI-driven analytics and cloud-based solutions, recently expanded its Medicare Advantage Insights platform to help health plans better integrate data across quality, risk, finance, utilization, and member experience. The enhanced capabilities are designed to help organizations respond to regulatory and financial pressures, improve Medicare Star Ratings, optimize risk adjustment and medical costs, and strengthen member outcomes through predictive insights and intelligent workflows. Built on MedeAnalytics’ Health Fabric platform, the solution provides a unified view of enterprise data while allowing health plans to scale analytics across Medicare Advantage, Medicaid, and commercial populations.

Simpson Strong-Tie is celebrating its 70th anniversary in 2026, marking seven decades of innovation in engineered structural products and systems that help make buildings safer and more resilient. Founded in the Bay Area in 1956, the company has grown from its first joist hanger into a global industry leader offering connectors, fasteners, shear walls, moment frames, and other structural solutions designed to withstand wind, seismic, and other forces. Over the years, Simpson Strong-Tie has continued to expand through product innovation, acquisitions, advanced testing, and investments in research, including the opening of its 25,000-square-foot Tyrell Gilb Research Laboratory in 2023. Simpson Strong-Tie has been a tenant at Hacienda for more than 30 years, since 1995, and moved to its current location within the business park in May 2006. This long-standing presence reflects the company’s enduring connection to Hacienda and its continued growth as an industry leader.

Edward Jones, a leading financial services firm serving clients across the United States and Canada, recently expanded its workplace retirement plan offerings with additional product partners and solutions designed to provide greater flexibility and choice for business owners and their employees. The firm’s retirement plan platform now includes 11 product partners, with new and expanded offerings from J.P. Morgan Asset Management, T. Rowe Price, Manulife John Hancock Retirement, Transamerica, Capital Group, Empower, and Addition Wealth. These solutions support businesses of varying sizes while helping employers improve retirement benefits, financial education, and long-term employee outcomes. Edward Jones has been a Hacienda tenant since 2005, making 2026 its 21st year at the business park.

Tenant Mix and Industry Trends

Hacienda maintains a broad and balanced mix of tenants, underscoring its importance as a major employment center for both the Tri-Valley region and the greater Bay Area. Business services account for the largest share of occupied space at approximately 1,787,484 square feet, followed by biomedical companies with 1,012,707 square feet. Manufacturing and healthcare organizations occupy 473,301 and 404,695 square feet, respectively. In addition to these leading sectors, Hacienda is home to a diverse range of retail, hospitality, software, education, and consumer-focused businesses, further strengthening the park's economic diversity.

Population and Employment

At the end of the second quarter of 2026, Hacienda had approximately 15,400 employees across 696 companies. This number is anticipated to grow as new tenancy develops and occupancy rates approach pre-pandemic levels.

Additionally, Hacienda's residential communities currently have approximately 5,400 residents, a figure that is expected to increase to 6,400 with the creation of new housing developments.

As of the 2020 U.S. Census, the region’s population was 400,213. 60% of Tri-Valley residents hold a bachelor’s degree or higher, surpassing the educational attainment levels of both California and the broader Bay Area. This concentration of skilled professionals contributes to a robust labor force, making the Tri-Valley an attractive location for employers seeking top talent. In terms of demographics, 45.4% of residents are aged between 25 and 44, and over 58% report annual incomes exceeding $150,000. The region’s high quality of life, characterized by natural beauty, tight-knit communities, and top-notch schools with a graduation rate of 97%, further enhances its appeal to innovators and business leaders.

City of Pleasanton

Pleasanton's demographics reveal a highly educated workforce, with over 85% of residents having attended college and nearly 70% holding a college or professional degree. The city also enjoys a high household income, with over 75% of households earning more than $75,000 annually. Pleasanton is a young city, with nearly a third of the population under 19 and over a quarter aged between 20 and 54, indicating a substantial portion of residents in their prime career years. The city boasts a rich history and character showcased in its picturesque downtown, reflecting its commitment to a high quality of life. Hacienda exemplifies this with its excellent educational facilities, abundant recreational activities, and a favorable climate for enjoying sports facilities, parks, and golf courses.

Hacienda 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 2020 US Census and 2024 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

People come to the San Francisco Bay Area for many reasons: a spectacular natural setting, a sophisticated lifestyle, and unique professional opportunities. Quality of life means having the best of everything within easy reach, whether it's world-class restaurants, theater and museums, the best learning institutions in the country, or some of the finest services available.

Quality of life applies to business, too: having easy access to needed resources, being among other industry leaders, and knowing that you are part of a region that leads the world in innovation. When working and living environments both enhance quality of life, the result is an unbeatable combination that leads to success; and that is what you will find at Hacienda.

Centered in a dynamic region and propelled by the Standard Metropolitan Statistical Areas of San Jose, Oakland, and San Francisco, the Bay Area is a robust economic region. Hacienda, located near the center of the Bay Area in Pleasanton, spans 875 acres and is home to over 680 companies employing approximately 15,400 people. In addition to being a hub for business, Hacienda also features homes for about 5,400 residents, offering a full spectrum of residential choices.

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