Flexible Leases Ensure Confidence for Small Business Tenants; Leasing Activity Remains Strong
SAN RAMON, CA (November 13, 2012) – Bishop Ranch, the largest mixed-use business community in the East Bay, today announced expanded leases with the software company Five9 and William Hezmalhalch Architects (WHA), a land planning and design firm, headquartered in Santa Ana, California. In addition, new leases were signed with Willbros Engineering, which will be opening a new office in BR 8, and five other companies including Process Unlimited, 8KMiles, Diva Financial, ConnexSys Engineers, and the Sam Ramon Podiatry Group. New and expanded leases represented a combined total of approximately 45,000 square feet.
“Large and small businesses alike continue to choose Bishop Ranch as their location of choice. I believe they see value in our ownership and management, our flexible leasing options and diverse business community. It’s an environment unlike any other in the Bay Area,” said Ed Hagopian, Executive Vice President of Sales and Marketing for Sunset Management Company, which owns and operates Bishop Ranch.
Cloud computing provider, Five9, previously occupied a full floor in 4000 Executive Parkway and with its 16,000-foot expansion will now be occupying more than 62,000 square feet of office space. Ted Helgans of Colliers brokered the deal. Additionally, architectural firm, WHA, is relocating from BR 1 to BR 8 and will be expanding to 5,100 square feet.
The other leases comprise approximately 25,000 combined square feet with a breakdown of leasing information as follows: Willbros Engineering leased 11,500 square feet; Process Unlimited, a full service engineering, design/drafting, safety and regulatory compliance company, brokered by Travers Realty and Cushman Wakefield leased 2,500 square feet in BR6; 8KMiles, a cloud computing Internet company, leased 2,000 square feet in BR 15; Diva Financial, a mortgage lending company, brokered by Phil Damashino at CBRE took 2,100 square feet in BR 6, ConnexSys Engineers, provider of engineers, designers and staffing service for the energy industry signed a lease for approximately 5,000 in BR 6 .and the Sam Ramon Podiatry Group joined Bishop Ranch’s strong and growing medical community located in BR 11.
About Bishop Ranch
Established in 1978 by Sunset Development Company, Bishop Ranch is a 585-acre, mixed-use business community comprising 9 million square feet of office space in 30 buildings that will all be LEED certified and have all been Energy Star rated. More than 550 of the world’s leading companies, innovative startups, and medical and dental practitioners make their home in the thriving professional business community of Bishop Ranch. The recipient of many awards, including the Urban Land Institute Award for Excellence, Bishop Ranch is home to many Global 2000 companies, including Chevron, General Electric, Toyota and Bank of the West. Learn more at www.bishopranch.com.