Chevron sells global headquarters, pares back in California amid Texas expansion

Chevron Corp. has sold its current headquarters in California and plans to move into a nearby leased space about one-third of the size, as it conti...

October 5, 2022
3:26 AM

Chevron Corp. has sold its current headquarters in California and plans to move into a nearby leased space about one-third of the size, as it continues to relocate employees to Texas. The second-largest U.S. oil company on Wednesday closed the sale of its Chevron Park campus in San Ramon, California, its global headquarters for two decades, to Sunset Development Co. The family-run company had originally sold the 92-acre parcel to Chevron in the early 1980s.Sunset Chief Executive Alex Mehran Jr. said Chevron also signed a lease for nearly 400,000 square feet of space in a nearby office building located in Sunset's Bishop Ranch mixed-use project in San Ramon.

Collin Eaton