Bruce Burkard Of Four Corners Properties Sells Class A Office In Menlo Park For $103.75M
California
See Similar DealsBruce Burkard Of Four Corners Properties Sells Class A Office In Menlo Park For $103.75M
1540 El Camino Real
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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.
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