JLL: Large Blocks Dwindling in the Tri-Valley Area

Tri-Valley, JLL, Pleasanton, Dublin, San Ramon, Jones Lang LaSalle, Pleasant Hill, East Bay real estate, Bay Area news

6.19.14.Chart of the Week EB

The Tri-Valley (Pleasanton, Dublin and San Ramon) has an ample supply of large blocks available with the fully-vacant, office campus California Center in Pleasanton-North and the Oracle sublease at Dublin Corporate Center.

Given the size of the relatively small submarket, Pleasant Hill-BART saw all of the large blocks filled in the last 18 months. There are no longer any available options due to expansion by existing tenants engaging in early renewals as well as a relocation from a San Francisco tenant because the submarket is a lower-cost alternative and walkable to to a BART station.

Source: JLL Research

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