News


SAP relocating regional office from visible corner in Dublin to San Ramon

Formerly Sybase, firm acquired by German software company in 2010

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.

Comments

Like this comment
Posted by Amit
a resident of Foothill Farms
on Jul 28, 2015 at 9:58 am

Clarification....SAP did not merge with Sybase, they bought them. Sybase was a zombie and SAP put them out of their misery.

Anyways, good news for BR. The SAP building was quite empty AFAIK.


1 person likes this
Posted by Amit2
a resident of Foothill Farms
on Jan 24, 2017 at 1:36 pm

Pretty expensive zombie to purchase at $5.8 billion in 2010. Reminder, 2010 was the peak of the crash. Sounds like somebody else was/is experiencing misery to buy misery.


2 people like this
Posted by Flightops
a resident of Downtown
on Jan 25, 2017 at 6:50 am

Flightops is a registered user.

Those 2 buildings originally had its own cafeteria, gym, and day care center, what else could they be looking for? Sounds like downsizing to me!


1 person likes this
Posted by tanya
a resident of Las Positas
on Feb 15, 2017 at 1:43 pm

Wow.. I was wondering what happen to the SAP sign, Sybase had been there for many years before the merge/buyout. I have to agree possible downsize the parking lot of there was never full like Ross Stores directly across the street. Great space and location for new startups and existing companies looking at moving to the valley.


1 person likes this
Posted by Frmremp
a resident of Pleasanton Valley
on May 26, 2017 at 5:06 pm

Former Sybase/SAP Employee,

I was employed at this site from the day it opened in Jan 2002 until it closed its doors early Feb 2017. The construction of these 2 buildings were built to Sybase specs with a negotiated 15 year lease. During lease renegotiation's in 2015, the building owner greedily threw out a ridiculously astronomical figure, refusing to budge on the price claiming SAP would cave in and eventually accept. To their surprise, SAP stood firm and called their bluff.


Like this comment
Posted by Frmremp
a resident of Pleasanton Valley
on May 26, 2017 at 5:08 pm

Former Sybase/SAP Employee,

I was employed at this site from the day it opened in Jan 2002 until it closed its doors early Feb 2017. The construction of these 2 buildings were built to Sybase specs with a negotiated 15 year lease. During renegotiation's in 2015, the building owner greedily threw out a ridiculously astronomical figure, refusing to budge on the price claiming SAP would cave in and eventually accept. To their surprise, SAP stood firm and called their bluff.


Sorry, but further commenting on this topic has been closed.

Battle over downtown Livermore plan heats up
By Tim Hunt | 4 comments | 1,290 views

Couples: Sex and Connection (Chicken or Egg?)
By Chandrama Anderson | 0 comments | 823 views