Face Reality Moves Into Bishop Ranch Headquarters

Bishop Ranch office park in San Ramon just roped in its biggest new tenant lease so far this year.

Acne treatment company Face Reality signed on for 38,263 square feet at the Sunset Development Company-owned campus, the San Francisco Business Times reported. The company held a clinic space in Danville’s Rose Garden shopping center, but the offices in San Ramon will act as the new headquarters for the skincare brand.

The new lease marks “a meaningful investment in [Face Reality’s] people and [its] future,” Kate Kollerer, the company’s vice president of operations and technology, said in a statement to the Business Times.

Face Reality has undergone a brand expansion in recent years. In 2022, San Francisco-based Norwest Venture Partners invested in the company to accelerate growth and scale operations. Earlier this year, reality TV personality Amanda Batula signed on as a brand ambassador. It hopes to expand its education and resources for its network of estheticians and skincare professionals, per the Business Journal.

So far this year, Bishop Ranch has signed 15 new leases and renewed 37 others. The 15 new agreements at the office campus totaled more than 254,000 square feet and had a seven-year average lease length, the Business Journal reported. Seven of the 15 new leases were from existing tenants moving to other spaces in the park. The lease lengths represent a “dramatic increase” from the three- to four-year leases that were common at the property between 2009 and 2023, according to the Business Journal.

Bishop Ranch maintains several long-term anchor tenants like AT&T, Chevron, BMO Bank and Robert Half. Many have downsized their holdings at the property in the post-pandemic era.

In addition to offices, Bishop Ranch is poised to feature housing and retail as part of its next chapter. Sunset Development has demolished some of its empty offices at the park to make room for residential and commercial spaces as part of its vision to turn the business campus into a mixed-use, walkable neighborhood. — Chris Malone Méndez