Your Commercial Real Estate Source in the San Francisco Bay Area
Address: 200 Middlefield Road, Menlo Park, CA
Seller: Menlo Equities
RBA SF: 41,466 SF
Lot size: 2.04 AC (88,862 SF)
Selling price: $50,025,000 ($1206.41/SF)
This is one of the highest $/SF deals that has occurred, showing that institutional investors are willing to set the high water mark with the amount of competition in the market. The property was fully renovated in 2013 and was 100% leased at time of sale.