Chevron is looking to sublease a large portion of its office space at the Bishop Ranch business hub in San Ramon. This move follows the sale of its previous headquarters complex, Chevron Park, for significant financial gain. Chevron relocated its headquarters to the Executive Parkway site before announcing a decision to move to Texas, marking a notable corporate exit from California. Sunset Development plans to transform the old Chevron Park site into a mixed-use neighborhood with residential, retail, and recreational spaces, indicating a significant shift in the area's development.
Chevron is subleasing a significant office space in San Ramon as part of a strategy to downsize its Bay Area operations while transitioning to Texas.
Sunset Development purchased Chevron's former headquarters complex and plans to redevelop it into a vibrant community featuring housing, retail, and parks.
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