Name: Workday buys several Pleasanton buildings, including HQ, in big real estate deal
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Workday buys several Pleasanton buildings, including HQ, in big real estate deal

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Workday corporate headquarters, 6110 Stoneridge Mall Road, Pleasanton.PLEASANTON — Workday has completed a real estate deal that solidifies the tech titan’s footprint in the East Bay by purchasing several office buildings in Pleasanton.The swiftly expanding provider of cloud-based software services has bought six buildings in Pleasanton, including its existing headquarters complex, according to Alameda County property documents filed on March 18.The just-bought buildings are all located on Stoneridge Mall Road near the regional shopping center in Pleasanton.Pleasanton-based Workday paid $172.5 million for the buildings, the county public records show.&nbsp;The transaction was an all-cash deal, according to the property files.The seller in the deal was an affiliate controlled by David Duffield, who co-founded Workday and is currently the company’s chairman. The tech company provides on-demand software to help organizations and companies manage finances and workforces.Workday isn’t the only advanced technology company to make a major commitment to Pleasanton in recent weeks through a large property purchase.On Jan. 25, 10x Genomics paid $29.4 million in cash for a 14.6-acre site at 1701 Springdale Ave., where the company will develop a second office campus in Pleasanton.This new campus will total 381,000 square feet consisting of up to three buildings, along with the construction of a parking garage, according to 10x Genomics, a fast-growing life sciences company.All told, Workday bought six buildings that together total 972,700 square feet, according to public documents and property listing services:— Workday headquarters, 6110 Stoneridge Mall Road, 410,000 square feet.— Five office buildings at 6120, 6130, 6140, 6150, and 6160 Stoneridge Mall Road, that total a combined 562,700 square feet.Show Caption ofWorkday’s revenues have charted a steady growth curve, although the company continues to lose money.Over the 12 months that ended on Jan. 31, Workday lost $282.4 million and generated $4.32 billion in revenue. Workday’s revenue was up 19% compared to the same 12-month period the year before.Workday made it clear that its acquisition of the buildings was undertaken with an eye towards the long-term future of the company.“This purchase provides long-term stability to our corporate headquarters footprint in Pleasanton,” Workday stated in a regulatory filing with the Securities and Exchange Commission.&nbsp;&nbsp;PrintThanks for reading!Get unlimited access to enjoy this article and moreAlready a subscriber? LoginView more on

Workday corporate headquarters, 6110 Stoneridge Mall Road, Pleasanton.PLEASANTON — Workday has completed a real estate deal that solidifies the tech titan’s footprint in the East Bay by purchasing several office buildings in Pleasanton.The swiftly expanding provider of cloud-based software services has bought six buildings in Pleasanton, including its existing headquarters complex, according to Alameda County property documents filed on March 18.The just-bought buildings are all located on Stoneridge Mall Road near the regional shopping center in Pleasanton.Pleasanton-based Workday paid...

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Workday buys several Pleasanton buildings, including HQ, in big real estate deal

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