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Vaco Secures 50,000 SF Office Space At 2603 Camino Ramon In San Ramon

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LEASED
$3

California

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Office50,000 SF
Leased 05/08/2023
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LEASED

Vaco Secures 50,000 SF Office Space At 2603 Camino Ramon In San Ramon

2603 Camino Ramon San Ramon, CA 94583, USA

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Office50,000 SF
Leased 05/08/2023
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$3
Total Square Footage:50,000 SF
Transaction Type:Lease

Vaco, an executive recruitment and staffing firm, has signed a lease for a 50,000-square-foot office space at 2603 Camino Ramon in San Ramon, California. The office, previously occupied by GE Software, will now house 1,000 employees from Vaco's contract content moderation team for an undisclosed social media platform. The move to Bishop Ranch will enable Vaco to accommodate its growing workforce.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Lease
  • Address: 2603 Camino Ramon, San Ramon, California
  • Market: San Ramon
  • Landlord: Sunset Development
  • Tenant: Vaco - Brian Waller
  • Broker: Michael McCandless - Savills
  • Asking Rent: $3.45/ft.
  • Square Footage: 50,000

Michael McCandless of Savills represented Vaco in the lease transaction at Bishop Ranch. The relocation to this new office space allows Vaco to support its contract content moderators more effectively, with optimized workspaces and amenities.

Players

Michael McCandless
2 deals(415) 617-9645
BROKER

LANDLORD

2 deals
TENANT

Details

LEASED
IMAGE: Michael McCandless DATE: 05/08/2023 ADDRESS: 2603 Camino Ramon MARKET: San Ramon ASSET TYPE: Office LANDLORD: Sunset Development TENANT: Vaco - Brian Waller BROKER: Michael McCandless - Savills ASKING RENT: $3.45/ft. ~ SF: 50,000 NOTE: Executive recruitment and staffing firm Vaco has secured a 50,000-square-foot office space at Bishop Ranch in San Ramon, California. The Tennessee-based company is moving into the office at 2603 Camino Ramon, where it will accommodate 1,000 employees working in shifts as contract content moderators for an undisclosed social media platform; the office was previously occupied by GE Software.

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Deal Type
Effective Rent (Annual)

$171,958.19

Total Lease Value

$1,719,581.90

Net Landlord Cash Flow$171,958.19