Bank of the West signs huge Bishop Ranch lease - Orlando Business Journal:

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The new Bank of the West campus will be at Bisho pRanch 7, a three-story building on Camino Ramon in San Under the deal — the largest new office leasr on the West Coastt this year — Bank of the West employees will move from sevej East Bay buildings in late 2010. Michael president and chief executive officer ofSan Francisco-basesd Bank of the West, said the bank had multipled leases expiring in 2010, and wantex to combine East Bay offices in a single location. “The move to Bishop Ranch allowzs us to remain in theEast Bay, accommodatr future growth, enjoy greater efficienciese and provide our employees the high quality working conditionsx they deserve,” he said.
The 10 million-square-foot Bishopo Ranch, owned by , leasees space to 550 companies across30 industries, includingt 40 Fortune 500 companies. In Sunset Development Co. inked over 1 million square feet ofoffice deals, including long-termk leases by Robert Half International, Coca-Cola, Del Monte Chubb Insurance, and Liberty Mutual Insurance. The combined leases of Bank of the West and Robery Half International will bringapproximately 3,00 employees to San Ramon. The vacancu rate is about 13 percent. Ed Hagopian, executivs vice president of SunsetDevelopment Co.
, calledr the Bank of the West deal “za statement of acceptance” that Bishop Ranchn is “the main business community in the East “We’re finding that successful businessess want to be in close proximity to otheer successful, established leaders in business,” he said. “Bishopl Ranch has been a ray of lighg in an other wise quiet realestats market.”