Enterprise Holdings Expands Lease at Bishop Ranch to Occupy 31,000 SF

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San Ramon, Calif. – Enterprise Holdings, the largest car rental company in the world and one of America’s largest privately held companies, has signed a long term lease to occupy 31,000 square feet on the fourth floor of Bishop Ranch 3 (BR3), located at 2633 Camino Ramon.

The lease consolidates the company’s San Leandro offices with their existing office space in Bishop Ranch, establishing a regional office. Enterprise previously occupied space at Bishop Ranch 8 (BR8) and the move will be an expansion of approximately 23,000 square feet.

“As a company, we are excited to bring our Northern California Headquarters to Bishop Ranch which will create synergies amongst our team and provide our employees with a state of the art facility from which to work,” said Thomas Klingler, Vice President of Finance for Enterprise Holdings.

Enterprise Holdings operates a global network of more than 8,600 fully staffed neighborhood and airport locations under the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands. In addition, Enterprise Holdings and its affiliate, Enterprise Fleet Management together offer a total transportation solution, including extensive car rental and car sharing services, truck rental, corporate fleet management and retail car sales.

“It’s gratifying that we’re able to provide Enterprise Holdings with the additional space they need and the flexibility to grow,” said Alex Mehran Jr., president and COO of Sunset Development Company. “It’s a good sign when a valued tenant looks at the competitive marketplace and continues to see Bishop Ranch as the best choice for their needs.”

The move to BR3 is expected to be complete by the end of the year. Financial terms of the lease were not disclosed. Tim Hogan and Dan Moylan with DTZ Real Estate represented Enterprise Holdings.

Enterprise Holdings will join neighbors Coke, GE Technologies, New York Life and Chubb in BR3. The diverse mix of world-class companies in Bishop Ranch is unparalleled, offering a full-service business community unlike any other throughout the region.

About Bishop Ranch
Bishop Ranch, owned and operated by Sunset Development Company, is built on a legacy of sound planning and smart growth. Located on 585 acres in the San Ramon Valley, it is the largest mixed-use business community in Northern California. For nearly four decades, Bishop Ranch has continually, carefully grown to become a dynamic center for the modern business. Today, the prosperous surrounding communities — 192,000 residents within a six- mile radius — enjoy an average household income of $162,000.

We are home to 30,000 employees at 600 companies in more than 30 industries, Among the tenants are many Fortune 500 companies including AT&T, Chevron, General Electric, IBM, PG&E, Robert Half, Bank of the West, Toyota and Berkshire Hathaway. Numerous small businesses in high tech, bio/clean tech, and social software, such as Affiliated Computer Services, Aon eSolutions, Cognizant Technology Solutions and AGIS Network have chosen to locate in this diverse and thriving business environment. Bishop Ranch offers a unique flexibility for the space requirements of companies large and small, and its tenants occupy spaces from 150 square feet to more than 1 million square feet.

Employees at Bishop Ranch enjoy a wide range of amenities and on-site services, including award-winning transportation programs, professional seminars and networking opportunities, special offers and discounts, gourmet food trucks and a farmers market. For more information, visit bishopranch.com.

About Enterprise Holdings
Enterprise Holdings – the largest car rental company in the world as measured by revenue, fleet and employees – operates a global network of more than 8,600 fully staffed neighborhood and airport locations under the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands. In addition, Enterprise Holdings and its affiliate Enterprise Fleet Management together offer a total transportation solution, including extensive car rental and car sharing services, truck rental, corporate fleet management and retail car sales. Combined, these businesses accounted for $17.8 billion in revenue, employed 83,000 and operated 1.5 million vehicles throughout the world in fiscal year 2014.

Enterprise Holdings currently is ranked as one of America’s Largest Private Companies. Furthermore, if it were publicly traded, Enterprise Holdings would rank on Fortune’s list of the 500 largest American public companies. Enterprise Holdings, through its regional subsidiaries, operates more than 6,000 fully staffed offices in the U.S. – almost 70 percent more than its nearest competitor – and all located within 15 miles of 90 percent of the U.S. population. In addition, Enterprise Holdings not only accounts for the largest airport market share in the U.S., but its domestic rental fleet also is one of the newest in the industry. The company’s affiliate, Enterprise Fleet Management, provides full-service fleet management to companies and organizations with medium-sized fleets. Other transportation services marketed under the Enterprise brand name include Enterprise CarShare, Enterprise Rideshare, Enterprise Car Sales, Enterprise Truck Rental and Zimride by Enterprise. For more information about Enterprise Holdings, visit www.enterpriseholdings.com.

West Coast Commercial Real Estate News