Software company SAP that occupies a highly visible building at Hacienda Drive and Dublin Boulevard is set to relocate its regional office from Dublin to San Ramon in 2017 after agreeing to lease 150,000 square feet of office space in Bishop Ranch's 2600 building.
Sunset Development Co., owner and operator of Bishop Ranch, announced the new lease this week. Financial terms of the deal were not disclosed.
"SAP is excited about the new space at Bishop Ranch. The willingness of their team to work with us as well as their forward thinking approach to employee amenities and a sustainable community were key in our decision to relocate," said Dwain Christensen, SAP's director of workplace strategies.
SAP, an enterprise application software development company, has held its offices at 1 Sybase Drive in Dublin since 2012 following its merger with Sybase in 2010. The company now plans to establish its regional center in Bishop Ranch, joining other big-name companies such as AT&T, 24 Hour Fitness and FedEx.
"We're thrilled to welcome a prestigious company like SAP to the growing list of tenants here at Bishop Ranch," said Alex Mehran Jr., president and COO of Sunset Development.
"Our strategy has been to create a compelling offering of shared amenities at 2600 and throughout Bishop Ranch, which includes food, conference and fitness. This strategy allowed SAP to reduce their leased footprint while expanding their offering to employees," Mehran added.
SAP's transition into 2600 is set to begin at the start of 2017 with more than 450 employees relocating to the new offices outfitted for an open and collaborative workspace, according to Bishop Ranch reps.