On the Heels of New Housing Underway, one of Northern California’s Largest Mixed-Use Business Campus Sees Increase in Office Activity
San Ramon, Calif. – Sunset Development Company announced today that it has signed new lease agreements with companies across a diverse range of business interests and scale for more than 725,000 square feet of office space at Bishop Ranch.
Among the new and renewed leases:
- Five9, a leading provider of cloud contact center software, which leased 104,253 square feet in BR2600.
- Insight Global, a staffing company dedicated to empowering people, leased 20,869 square feet in BR15.
- Brookfield, a North American new home builder, which leased 16,434 square feet at BR15.
- Reputation, a business-to-business online reputation management and customer experience management company, which leased 11,146 square feet at BR1.
- PG&E, which renewed its lease for 250,000 square feet at BR1.
“As employees return to the office, businesses are focused on offering high-quality, amenity-rich office environments with an emphasis on health and safety – long a priority at Bishop Ranch and a true differentiator of what we offer,” said Alexander Mehran, Jr., president and chief executive officer of Sunset Development Company. “We’re just now starting to see an uptick in office leasing activity and foresee this momentum growing as these admired companies continue to prioritize the San Ramon Valley for its accessibility, affordability and growing supply of talent.”
The leases come as Sunset Development Company moves forward with long-awaited plans to introduce housing to the Bishop Ranch neighborhood, making it a vibrant, walkable, downtown in San Ramon. Just last month, the developer announced the sale of a 31-acre parcel to SummerHill Homes, who will build three neighborhoods offering 404 for-sale detached houses and townhomes. This is a first step in a decades-long vision of creating a true mixed-use district within Bishop Ranch that seamlessly blends housing close to jobs, parks, trails, transportation hubs, retail and dining.
“Our team has been back in the office for some time and they love the variety of restaurants, outdoor activities and transit options of our new office at Bishop Ranch,” said Josh Roden, Brookfield Properties. “It was important for us to offer employees high-quality engaging office space that is close to where most live. Nothing takes the place of in-person camaraderie among our teams, and we’re excited to be in an environment that promotes creativity, productivity and safety.”
About Bishop Ranch
Owned and developed by Sunset Development since 1978, the family-operated company is guided by the long-held vision of making Bishop Ranch the best suburban downtown in America. Spread across 600 acres in Northern California’s San Ramon Valley, Bishop Ranch is where community, commerce and culture collide to create a thriving, walkable downtown for the city of San Ramon and a significant job center for the region. At its core, the 10-million-square-foot, next-generation workplace is Northern California’s largest mixed-use business campus and is home to 30,000 employees and a dynamic mix of more than 600 businesses, including Fortune 500 companies, local startups and everything in between. With an award-winning transit program and a deep commitment to sustainability, Bishop Ranch aims to be the largest distributed power generation site in the world with 80% of its energy produced on-site by solar.
The heartbeat of Bishop Ranch is City Center, a $300 million, 300,000-square-foot, open-air shopping, dining and entertainment destination. With its range of nearly 60 distinctive retailers and notable restaurants – including The Slanted Door, LB Steak, Boba Guys and Fieldwork Brewing Company — along with Equinox Fitness, the luxurious LOT Cinema and the inviting public square, City Center is a unique and ever-popular gathering place. From art and music events to a thriving farmers’ market, City Center is the destination for social and cultural experiences.
With an unwavering commitment to build a walkable downtown, Bishop Ranch will soon introduce several distinctive residential communities, eventually numbering some 6,000 homes. Also planned is a new boutique hotel, as well as restaurant and retail options throughout the various neighborhoods.