Bank of the West signs huge Bishop Ranch lease - Atlanta Business Chronicle:

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The new Bank of the West campus will be at Bishop Ranch 7, a three-story building on Camino Ramon in San Ramon. Under the deal the largest new office lease on the West Coastr thisyear — Bank of the West employeew will move from seven East Bay buildingx in late 2010. Michael president and chief executive officer ofSan Francisco-basede Bank of the West, said the bank had multiple leases expirintg in 2010, and wanted to combine East Bay offices in a singlwe location. “The move to Bisho Ranch allows us to remain in theEast Bay, accommodate future growth, enjoy greater efficiencies and provide our employee the high quality workingt conditions they deserve,” he said.
The 10 million-square-foort Bishop Ranch, owned by , leasee space to 550 companiees across30 industries, including 40 Fortune 500 In 2008, Sunset Development Co. inkes over 1 million squares feet ofoffice deals, including long-term leasesx by Robert Half International, Coca-Cola, Del Montse Corp., Chubb Insurance, and Liberty Mutual Insurance. The combinede leases of Bank of the West and Rober Half International will bringapproximately 3,00 0 employees to San The vacancy rate is about 13 Ed Hagopian, executive vice presidenyt of Sunset Development Co.
, called the Bank of the West deal “aa statement of acceptance” that Bishop Ranch is “the main business community in the East “We’re finding that successfulk businesses want to be in close proximityu to other successful, established leaders in he said. “Bishop Ranch has been a ray of lighg in an other wise quiet realestate