Hall Equities Group is pleased to announce it has executed a lease for 40,000 square feet with Ultimate Basketball Fieldhouse LLC, a joint company formed by principals in the Excel and MVP Flight youth basketball programs. This is the first lease committed in the company’s adaptive re-use of the former 182,000 sq. ft. Contra Costa Times newspaper publishing facility in Walnut Creek’s Shadelands Business Park. Hall Equities Group acquired the 14-acre facility last August, and the Bay Area News Group, owner of the Contra Costa Times, vacated the facility in November. Hall Equities Group anticipates other youth sports-oriented organizations to join the Basketball oriented group, in the near future. Ultimate Basketball Fieldhouse is estimated to take occupancy in mid 2015.