Pleasanton, Calif. – Hacienda, Northern California’s largest mixed-use development, recorded a modest increase in total occupancy to 6,581,927 square feet in March, up from 6,562,064 square feet in February. The park continues to attract companies across a diverse set of industries, including business services, biomedical, manufacturing, and healthcare, reinforcing its position as a leading employment center in the Bay Area.
Leasing activity reflects a dynamic market. Smaller spaces under 10,000 square feet and mid-sized spaces between 10,000 and 50,000 square feet together accounted for more than 83% of all transactions. Meanwhile, larger spaces over 50,000 square feet, though fewer in number, represented nearly 78% of the total square footage leased. One notable transaction in 2026 is the expansion of AEye, Inc., a lidar systems technology company. AEye had previously been a Hacienda tenant that had moved away and returned and just recently expanded their new Hacienda presence.
Hacienda’s tenant base continues to reflect a well-balanced cross section of industries, supporting its position as one of the Bay Area’s most established employment centers. Business services remain the largest presence at 1,787,484 square feet, followed by biomedical users occupying 1,012,707 square feet. Manufacturing tenants account for 473,301 square feet, while healthcare organizations occupy 404,695 square feet. These major sectors are further supported by a wide range of retail, hospitality, software, education, and consumer-focused businesses, underscoring Hacienda’s adaptability and broad market relevance.
“Hacienda continues to demonstrate the economic strength and resilience of the Tri-Valley region,” said James Paxson, Hacienda’s General Manager. “Our steady occupancy growth and diverse leasing activity reflect the continued demand for well-located, high-quality business environments that support companies at every stage of growth. From emerging firms leasing smaller spaces to larger organizations expanding their operational footprint, Hacienda provides the infrastructure and community that help businesses thrive. The recent expansionof AEye’s headquarters further highlights Hacienda’s role in attracting innovative technology companies and supporting job creation in the Bay Area.”
Tenant Highlights from Hacienda
Hacienda tenants continue to make notable achievements. Recent recognition of its vibrant tenant community highlight accomplishments and growth across the healthcare, nonprofit, and technology sectors.
OpenText, a leading Cloud and AI company, has been a Hacienda tenant since June 2024 and was recently recognized as a Leader in the 2025 IDC MarketScape: Worldwide General-Purpose Knowledge Discovery Software Vendor Assessment. The company provides organizations with AI-ready information management solutions through its OpenText Knowledge Discovery platform, which helps enterprises classify, protect, and extract actionable insights from large and complex datasets while ensuring compliance and data privacy. With capabilities including federated search, GenAI-powered analysis, and enhanced metadata management, OpenText enables organizations to transform unstructured content into a strategic asset. This recognition underscores OpenText’s role in supporting businesses in AI readiness, productivity, and secure GenAI deployment.
Pathways to Wellness, a Hacienda tenant since 2008, provides accessible, high-quality mental health services to individuals and families in the Tri-Valley and beyond. Partnering with Alameda County Behavioral Health Care Services, the organization serves Medi-Cal beneficiaries with moderate to severe mental health conditions through psychiatric evaluations, medication management, therapy, and case management, while also offering outpatient psychiatry services to privately insured and self-paying clients at its Pleasanton clinic. By matching clients to the appropriate level of care, Pathways to Wellness supports stabilization, recovery, and long-term wellness, while actively collaborating with local organizations and hosting community events to promote mental health awareness. The Hacienda location plays a key role in reducing travel barriers and expanding access to essential mental health care in the region.
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 2024 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
