Chevron Signs on for 250,000 SF at Bishop Ranch Addition

SAN RAMON, CA-In one of the biggest deals of the year along the I-580 corridor, Chevron Corp. is taking another 250,000 sf in Bishop Ranch Business Park. The San Francisco-based oil company will occupy one of the three five-story buildings being built in Bishop Ranch 1, a 51-acre, 700,000-sf addition to the 8-million-sf industrial park.

The new development is located adjacent the San Francisco-based oil company’s 92-acre, 1.4 million-square-foot Chevron Park complex that is part of Bishop Ranch-–on land Chevron sold to the park’s developer Sunset Development Co. in late 1999. Chevron Park is home to around 3,200 Chevron employees and contractors.

The new building will hold 500 employees, some of whom are currently housed at rented locations with expiring leases elsewhere in the 585-acre business park. Hap Payne, president of Chevron Business & Real Estate Services, says the additional space requirements “are, in the main, the result of growth of our Web-based e-businesses.”