SAN RAMON, CA–SAP, the giant enterprise application software company, has signed a long-term lease to occupy 150,000 square feet at 2600 in Bishop Ranch. Financial terms of the lease were not disclosed. Ken Gilbert with CBRE in San Francisco represented SAP. 2600 is owned by Sunset Development and its partner MetLife.
SAP will be moving from its current Dublin/Pleasanton location to establish its Tri-Valley regional office at Bishop Ranch. The move to 2600 is scheduled to begin in early January 2017. More than 450 SAP employees will be relocating to the office which is to be outfitted to include an open, highly collaborative tech workspace. The spaces in general have been designed to foster the creativity and innovation that are critical to tech businesses' success with specifications such as 15-foot clear ceiling heights and open office plans with 8-foot tall windows.
Comprised of four interconnected buildings on a park-like, 100-acre campus, 2600 is at the heart of Bishop Ranch. As previously reported, with its 1.8 million square feet of office space, it is the Bay Area's largest office building and recently received the coveted LEED® Gold certification.
Alex Mehran Jr., president and COO of Sunset Development Company, tells GlobeSt.com: "We welcome SAP to the growing number of industry leading tech companies choosing Bishop Ranch. We're able to accommodate space for tech companies of all sizes, including the corporate headquarters of GE Technologies and IBM, along with AT&T, Bank of the West, 24 Hour Fitness, Paychex, FedEx and Sprint."
SAP empowers people and organizations to work together more efficiently and use business insight more effectively. SAP applications and services enable more than 293,500 customers to operate profitably, adapt continuously and grow sustainably.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
