Pleasanton, Calif. – Hacienda, Northern California’s largest mixed-use development, began 2026 with a solid 300,000 sf transaction, reflecting improved local market demand. While total occupancy dipped slightly to 6,562,064 square feet in February, the park continues to attract businesses from industries including business services, biomedical, manufacturing, and healthcare, reinforcing its role as a premier employment hub in the Bay Area.
To date, occupancy shows a dynamic market: smaller spaces under 10,000 square feet and mid-sized spaces between 10,000 and 50,000 square feet each accounted for 37.5% of transactions, while large spaces over 50,000 square feet, though fewer in number, captured nearly 78% of total leased square footage. While early in the year, this mix further affirms Hacienda’s ability to accommodate businesses of all sizes, from startups to large enterprises expanding their operations in the region.
“A key Hacienda strength lies in its diversity and flexibility—whether a company needs a small, agile office or a large operational footprint, we provide the spaces, infrastructure, and supportive community that help businesses grow and succeed,” said James Paxson, Hacienda’s General Manager. “We are proud to serve a wide range of industries, from startups to established enterprises, and our steady leasing activity reflects Hacienda’s role as a premier destination in the Bay Area. By combining strategic location, modern amenities, and a vibrant tenant community, we create an environment where companies can focus on innovation, expansion, and long-term success.”
Tenant Highlights from Hacienda
Hacienda celebrates the successes of its vibrant tenant community, spotlighting significant accomplishments and expansion across healthcare, nonprofit, and technology industries.
Eaton, an intelligent power management company serving markets from data centers and utilities to aerospace and mobility, continues to earn third-party recognition for its leadership in sustainability and supply chain resilience. In early January, Eaton was named one of Resilinc’s Top 30 Most Resilient Suppliers in the high-tech industry for the fourth consecutive year, reflecting strong performance in transparency, continuity of supply, and risk-management maturity. Late last year, the company was also ranked number one on Investor’s Business Daily’s 2025 list of the 50 Most Sustainable Companies, underscoring its ability to pair strong climate performance with business growth. Founded in 1911, Eaton has been a tenant at Hacienda since May 2012 and reported nearly $25 billion in revenue in 2024, while continuing to advance long-term sustainability goals, including a commitment to achieve net-zero operations by 2050.
Hacienda’s Hometown Receives National Recognition for Quality of Life
Pleasanton continues to earn national and statewide recognition for its high quality of life. In 2025, the U.S. Social Progress Map ranked the city second in the nation, highlighting its strong social and environmental performance. This follows earlier recognition as California’s cleanest city, reinforcing what many residents already experience firsthand: excellent schools, safe neighborhoods, well-maintained parks, and reliable infrastructure. City officials note that these accolades reflect years of coordinated effort and sustained investment rather than happenstance.
According to City Manager Gerry Beaudin, 2025 marked significant progress across economic development, public safety, infrastructure, and community engagement. Key accomplishments included the creation of a new Community and Economic Development Department to streamline planning and permitting, major capital improvements to roads, parks, water systems, and public facilities, and enhanced emergency preparedness through new training and technology. Looking ahead, 2026 will focus on advancing major initiatives outlined in the ONE Pleasanton Strategic Plan, with continued emphasis on transparency, fiscal discipline, infrastructure planning, and long-term sustainability—ensuring the city remains well-positioned to serve residents and businesses alike.
Read the full Pleasanton overview and strategic plan here.
City of Pleasanton
Pleasanton’s demographics reveal a highly educated workforce, with over 85% of residents attending 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
This overview offers the latest information on Hacienda’s occupancy, tenant updates, sales, and regional data of interest. For additional details, please consult the Project Overview section on our website.
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 Park Information
- Population (Summary of employee and residential population)
- Land Use (Summary of activity by land use)
- Demographics | Area and Community (Summary of demographic characteristics from 2010 US Census and 2019 American Community Surveys)
- Valuation (Summary of valuation)
Projects and Tenants
- Property Profiles (Interactive 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.
The Bay Area is a robust economic region centered in a dynamic geography and propelled by the Standard Metropolitan Statistical Areas of San Jose, Oakland, and San Francisco. Hacienda, located near the center of the Bay Area in Pleasanton, spans 875 acres and is home to over 630 companies employing approximately 15,700 people. In addition to being a hub for business, Hacienda also features homes for about 6,000 residents, offering a full spectrum of residential choices.
Contact Information
For more information about Hacienda and our latest developments, please contact:Hacienda Owners Association
4305 Hacienda Drive
Suite 330
Pleasanton, Calif. 94588-2738
T: (925) 734-6500
E: info@hacienda.org
W: hacienda.org | LinkedIn | Hacienda Online
