Dublin, CA— Easterseals Bay Area (ESBA) finalized a long-term lease for portions of the first and second floor of Hites Plaza totaling approximately 43,528 square feet. The lease at 5601 Arnold Road represents one of 2016’s largest lease transactions within the Tri-Valley. The 4-story Class “A” office building is in close proximity to the Dublin/Pleasanton BART station, Interstates 580 and 680, and is close to numerous retail and hotel amenities.
Easterseals Bay Area is a 501c3 non-profit organization. For the past 90 years, Easterseals Bay Area (www.eastersealsbayarea.org) has provided services to people with disabilities and their families to help them live, learn, work and play to their full potential. The organization teams up with innovative businesses, healthcare, and technology partners to serve its communities across Northern California.
“We are thrilled that Easterseals Bay Area will be locating its new technology facility in Dublin,” said Dublin’s Mayor David Haubert. “ESBA will join a thriving technology sector in Dublin and will undoubtedly attract, create, and retain the top talent needed for its business.”
Ian Thomas of Colliers International represented the Landlord and Benjamin Osgood of Dunhill Partners West represented the tenant in this transaction.
The neighboring for sale, 5.72 acre, improved pad site supports up to approximately 125,000 square feet of new high-rise Class “A” office user or investor development.
About Colliers International Group Inc.
Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is a global leader in commercial real estate services with more than 16,000 professionals operating from 554 offices in 66 countries. With an enterprising culture and significant insider ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include brokerage, global corporate solutions, investment sales and capital markets, project management and workplace solutions, property and asset management, consulting, valuation and appraisal services, and customized research and thought leadership. Colliers International has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 10 consecutive years, more than any other real estate services firm.