Commerce One is planning four six-story, 190,000-sf buildings. Construction would take place in three phases, with each building totaling about 190,000 sf. The company currently subleases the majority of a building at 4410 Rosewood Dr. from PeopleSoft in the CarrAmerica Corporate Center in Pleasanton. The company plans to move some 1,500 employees to the new facility. Meantime, it is said to be planning to expand its South Bay operations by adding at least 20,000-sf of space.
Commerce One is a professional services firm that creates "global e-marketplaces"--Internet destinations that bring companies together to conduct electronic commerce on a secure business platform. The company, known as DistriVision from 1994 until 1997, now has offices in Canada, Munich and Hamburg, Germany and recently established a headquarters in Tokyo for its newly formed Commerce One Kabushiki Kaisha subsidiary. It employs more than 3,500 people worldwide.Hacienda Business Park is the largest business park in Northern California and one of the biggest in the country. Owners include Joe Callahan, George Pentz and Prudential Insurance Co. of America.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.