Bruce Burkard Of Four Corners Properties Sells Class A Office In Menlo Park For $103.75M

The property asset involved in this transaction is a Class A office building located at 1540 El Camino Real in Menlo Park. The building spans 45,674 square feet and was sold for a total price of $103,750,000, which breaks down to approximately $2,272 per square foot. This sale represents a significant premium within the Peninsula office market.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $103,750,000
• Address: 1540 El Camino Real
• Market: Menlo Park
• Square Footage: 45,674
• Price per Square Foot: $2,272
• Seller: Bruce Burkard - Four Corners Properties

The transaction was completed with Bruce Burkard representing Four Corners Properties as the seller in this deal. The sale marks a notable activity in the local office market, showcasing the demand for properties in this region.