Roger Fields Of Peninsula Land & Capital Acquires Office In Los Altos For $26.9M

The office asset located at 4410 West El Camino Real in Los Altos, CA was acquired for a total sale price of $26,900,000. The property features a total square footage of 37,000 with a price per square foot of $727. It was previously owned by American National Insurance Company before being foreclosed.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $26,900,000
• Buyer: Roger Fields - Peninsula Land & Capital
• Seller: American National Insurance Company
• Broker: Scott J. Prosser - Cushman & Wakefield
• Square Footage: 37,000
• Price per Square Foot: $727

This transaction was facilitated by Scott J. Prosser of Cushman & Wakefield, marking another acquisition by Peninsula Land & Capital in the Bay Area, following recent purchases in Campbell and North San Jose. The deal involved an affiliate of Peninsula Land & Capital securing the property post-foreclosure.