Latest news with #SanRamon-based
USA Today
3 days ago
- Business
- USA Today
San Ramon Welcomes Executive Base Network's Flexible Office Space Solutions
San Ramon, California – Executive Base Network, a San Ramon-based office space provider, recently rolled out a service offering flexible office solutions for companies looking for fully featured workspace solutions tailored to meet modern business needs. This service includes Full-Time Office Packages where independent professionals can enjoy furnished spaces with high-speed internet and 24/7 access, perfectly addressing the demands of freelancers. For businesses seeking to project a professional image without the commitment to a physical space, their Virtual Office Packages offer a credible business address, live receptionist services, and access to office facilities as needed. Their Meeting Room Rentals stand out as a cost-effective option for businesses needing professional meeting spaces, equipped with cutting-edge technology such as a 65″ Samsung monitor and Clarus glassboard, and starting at affordable hourly rates. Meanwhile, their Private Offices On Demand facilitate access to fully equipped private offices with flexible rental terms, starting as low as $20 per hour. This diversified approach allows businesses to access a professional workspace tailored exactly to their needs, whether regularly or occasionally. 'As businesses evolve, so too should their work environments,' said Tara Teodoro of Executive Base Network. 'Our goal is to provide a flexible and hassle-free workspace experience that enables businesses to thrive without being tied to excessive costs or limitations. The current landscape demands adaptable solutions, and our service aims to meet those requirements.' In addressing the changing demands of workplaces, Executive Base Network offers services that seamlessly adjust to fluctuations in business needs, enabling rapid scaling in response to economic shifts. Administrative support and maintenance services form part of this comprehensive package, ensuring clients have everything required to focus on their primary objectives. Beyond providing workspaces, Executive Base Network is committed to building a community that supports business success. With strategic locations in urban and suburban areas, they reduce commute times and promote a healthier work-life balance for their clients. While adapting to current market trends, Executive Base Network remains dedicated to fulfilling its clients' needs with a forward-thinking approach. The company emphasizes that this new workspace initiative marks a move toward redefining what a modern office can be. Overall, Executive Base Network's introduction of flexible office solutions addresses the need for more dynamic, economical, and efficient work environments. With an emphasis on adaptability and client satisfaction, this service offers a tailored approach to keep up with the ever-changing needs of modern businesses. Further details about the variety of workspace solutions offered can be explored directly through their website.
Business Journals
24-04-2025
- Business
- Business Journals
BMO Bank leaves Bishop Ranch's 2527 Camino Ramon, making way for housing
Its new lease adds up to a fraction of the space that it used to occupy. BMO Bank significantly reduced its office footprint at the San Ramon-based office park Bishop Ranch, taking up a fraction of the space it once occupied there as more companies rethink their office space needs. The banking giant previously had a full-building lease at 2527 Camino Ramon, a 276,000-square-foot building called Bishop Ranch 7, which it inherited when it acquired Bank of the West in 2023. That lease, signed in 2015, was set to expire this year. Ahead of that expiration, BMO signed a new lease at Bishop Ranch for 30,000 square feet at 2623 Camino Ramon, according to first-quarter market research from real estate services firm CBRE. That totals close to 90% less space than it used to occupy there. 'We're staying in the business park and moving to a new space this summer ahead of our lease expiring at the end of the year,' said Scott Doll, BMO spokesperson. The bank's former office won't sit empty for long. Sunset Development Co., the owner, developer and operator of the 50-year-old business park, sold that building to KB Homes for $57.8 million in March, where the home builder plans to develop a 190-unit housing project called Bartlett. 'At Sunset Development, we are committed to working closely with our tenants as they navigate evolving office requirements, helping them identify spaces that best align with their current and future needs. We are pleased that BMO remains an integral part of our Bishop Ranch community," said Alex Mehran Jr., CEO of Sunset Development Company, in an emailed statement. BMO joins a handful of other big tenants at Bishop Ranch that once took up huge chunks of space and have since cut down their footprints, like Chevron and AT&T. Robert Half in January shrank its footprint at Bishop Ranch by 70%, reducing from 250,000 square feet to 73,000 square feet. At the same time, Sunset Development has pivoted its strategy for the office park to embrace mixed-use and residential developments by tearing down empty office space and replacing it with housing and retail. Sunset Development also bought back Chevron's 1.3 million square foot headquarters in 2022, after the company downsized to a 400,000-square-foot office within Bishop Ranch, and plans to redevelop it into a Santana Row-esque housing hub. BMO had cut 403 jobs in its San Ramon office following the 2023 acquisition, 203 jobs in August 2023 followed by another 200 in November 2023. The company said its corporate headcount in San Ramon was 543 as of February 2023. That would suggest that it is now down to about 140 positions at Bishop Ranch.
