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Located in Alameda County, Pleasanton is adjacent to Livermore and Dublin, and is situated at the crossroads of two major Interstate Highways, I-580 and I-680.
It is a major suburb in the San Francisco Bay Area. In 2005, Pleasanton was ranked the wealthiest middle-sized city in the United States. Pleasanton is home to
Safeway Inc. headquarters and the now defunct PeopleSoft. Both Oracle and Kaiser Permanente have offices on the former People Soft headquarters in the Hacienda
Business Park. Pleasanton’s location makes it an excellent choice for office space.
Pleasanton experienced a major economic boom starting in the early 1980’s, largely associated with the development of a number of business parks, the largest of
which is the Hacienda Business Park. These host a number of campus-like clusters of low-rise and medium-rise office buildings. Pleasanton has been successful in
attracting a number of corporate headquarters, such as those of Safeway, Inc., Thoratec Corporation, Polycom, Shaklee Corporation, and Ross Stores. Despite an
increase in office space vacancy rates in 2000-2004, economic development has remained strong through the middle of the decade. In fact,
Pleasanton office space has become highly sought after as absorption rates continue to increase.
Companies that continue to absorb
office space in Pleasanton include Hitachi High Technologies America, Inc., Sage Software (Accpac, etc.),
CooperVision, Clorox, Fireside Bank, Roche, BMC Software, Applied Biosystems, EMC Corporation, Portrait Displays, Inc., Symantec, E-Loan (which was acquired by
Popular, Inc.), Spreckels Sugar Company (which was acquired by Imperial Holly), and the home loan operation of Providian (which was acquired by Washington Mutual).
Oracle maintains the former PeopleSoft campus as a major division and is the second-largest employer in Pleasanton, behind Safeway. In addition, Pleasanton is the
site of a large AT&T campus.
One of the major attractions to
office space in Pleasanton is the close proximity of major retail centers. In the retailing field,
Pleasanton has one major regional mall (Stoneridge Shopping Center) and a number of other shopping centers. Most national and regional retailers have a Pleasanton l
ocation; besides the anchor tenants Nordstrom, Macy's, Sears, and JC Penney at Stoneridge, notable large stores elsewhere in the city include Home Depot, Wal-Mart,
Kohl's, and Borders Books. Those seeking
Pleasanton office space will find retail amenities near almost every major office project.
In addition to the business parks and retail centers, Pleasanton is known for its lively downtown, which is home to a number of fine-dining, casual, and ethnic
restaurants, specialty retailers, and service businesses. A redesign of Main Street in the 1990s emphasized pedestrian traffic and outdoor dining. This
redesigning of the downtown corridor increased the desire for
Pleasanton office space.
Pleasanton is considered a prominent example of a new concentration of business, shopping, and entertainment. Given its location and amenities, leasing
office space in Pleasanton is an excellent choice for those seeking start-up to corporate headquarters space.