Our market boomed from 1979-1985 when the avalanche of firms relocating out of San Francisco brought to Walnut Creek major names such as Chevron, Nationwide, AirLiquide, Impell and numerous others. During the past five years we have filled most of this space with major call center users such as CSAA, Exterra, EDS and Bank of the West. The recent exodus by high-tech firms is another business cycle, but one not necessarily detrimental to Walnut Creek. Face it, we have no large-scale business parks planned for massive development no Hacienda Business Park or Bishop Ranch developments. Between 1999 and 2001 the Tri-Valley region has potential new office development completions totaling over 2,8000,000 square feet.
Walnut Creek has minimal major space available.
Not to fear, as firms vacate Walnut Creek office space other companies have been ready to take their place. Walnut Creek remains the financial hub of the entire East Bay, with continued preeminence in law, accounting and financial services. Thanks to wise city planning and high surrounding demographics, Walnut Creek s retail is the envy of most cities throughout the Bay Area. Mt. Diablo Blvd.