The Weekly Take from CBRE

California Dreamin’: Converting an office park into a lively town center

The Weekly Take from CBRE

Show Notes

Alex Mehran Jr., CEO of a third-generation family developer, walks us through the transformation of Bishop Ranch—a master-planned community in San Ramon, CA. Mehran shares valuable lessons on reinventing a suburban office park into a vibrant, mixed-use destination.

Mixed-use suburban developments are gaining strong appeal. · Amenity-rich office space drives tenant demand and retention. · Short-term, flexible leases can dovetail well with corporate occupier’s needs. · Residential conversions of obsolete suburban office parks can enhance long-term asset value. · Planned communities thrive with diverse housing and retail integration.

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