Updated Aug 7, 2025
KVIC Silicon Valley Acquires Office Building From Michael Halow In Menlo Park For $12.3M
100 Middlefield Road
$12,300,000
$1,189/SF
Building Size
10,345 SF
Asset Type
Office
Closing
Aug 6, 2025
About this deal
AI
The property involved in the transaction is an office asset located at 100 Middlefield Road in Menlo Park. The building has a total square footage of 10,345 and was acquired for $12,300,000, which equates to a price per square foot of $1,189.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $12,300,000
- Buyer: KVIC Silicon Valley
- Seller: Michael Halow - Premia Capital
- Market: Menlo Park
- Square Footage: 10,345
- Price Per Square Foot: $1,189
This transaction reflects the involvement of KVIC Silicon Valley as the buyer and Michael Halow from Premia Capital as the seller. The deal indicates continued interest in Silicon Valley real estate from international investors.
Players
Menlo Park Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93