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What we’ve all been waiting for has happened and the economic recovery is in full swing in the Bay Area. The Tri-Valley has seen major tenants such as GE, PG&E, Bank of the West, Five9 and Clorox increase their presence in our market and rent growth has followed. Rental rates will continue to increase over the next few years as more technology, professional services and engineering firms grow and hire.
When *General Electric* Co. was looking to create a billion-dollar Bay Area software center, the global conglomerate did its homework, studying regional demographics, traffic patterns and the like.
About 800 PG&E gas employees will move to the Bishop Ranch office park initially, but more may follow. The 250,000-square-foot building that PG&E leased could accommodate up to 1,000. The 24-hour-a-day nerve center will accommodate PG&E workers now in San Francisco, Fresno, Walnut Creek and Concord.
SAN RAMON, CA (December 30, 2011) – Black and Veatch, an employee-owned, $2.3 billion world–class engineering, consulting and construction leader today announced plans to lease 15,000 square feet in the Bishop Ranch 8 office complex on Executive Parkway in San Ramon. Ranked in the Forbes 500 as one of the largest privately-owned companies in the United States and designated the top U.S. engineering design company for both telecommunications and power projects in 2010, according to a study by Engineering News-Record, Black and Veatch has completed projects in more than 100 countries.
On-Demand Call Center Software Market Leader to Join GE Global Software Center, lBM, and Other Major Technology Firms at Bishop Ranch, San Ramon, CA
*By Jessica Lipsky and Amelia Arvesen of the Danville Express. **Two Danville business owners and one San Ramon businesswoman were chosen for the 2011 Woman Entrepreneur of the Year award last week, sponsored by the Women's Initiative for Self-Employment, a microenterprise training and funding organization, the award recognizes exemplary local women.*