The Dublin Corporate Center on the corner of Dublin Boulevard and Tassajara Road has seen a flurry of activities recently. Arguably one of the top Class A campus office parks in the Tri-Valley, the Dublin Corporate Center has had its occupancy rate doubled from 35% to 70% over the past 18 months. The surge in occupancy at the Dublin Corporate Center is primarily attributed to owner Tishman Speyer’s buying back the debt on the property from the bank at a substantial discount for a reported $55M.

By paying off its bank loans early, Tishman Speyer was able to shed the restrictive covenants and red tape that had required them to obtain bank approval for each prospective tenant. Tishman Speyer has also been very aggressive in competitively pricing its lease rates at the Dublin Corporate Center, and thus making the class A office spaces there financially viable for a growing number of businesses looking to establish their presence in the Tri-Valley.

Some of the recent highlights at the Dublin Corporate Center include:

• Fluor’s impending expansion
• Taleo’s potential expansion
• SuperGen’s lease renewal
• Tria Beauty and Perquest’s headquarters relocation

The Dublin Corporate Center is a Class A office campus that includes three office buildings next to Interstate 580 on the corner of Dublin Boulevard and Tassajara Road. Strategically located along the 580 corridor in the Dublin submarket of the greater Tri-Valley, the three buildings offer large divisible floor plates and sweeping views of the surrounding valley. The Tri-Valley’s attractive demographics, excellent amenities, and extensive public and private transportation infrastructure have made the Dublin Corporate Center one of the most desirable markets in the Bay Area for large, credit-worthy corporate tenants.