Four Corners Properties (FCP) and CBRE closed the $103.75-million sale of 1540 El Camino Real, a trophy office asset in Menlo Park. The 45,674-square-foot building was purchased by an undisclosed buyer.
The sale represents a significant milestone for FCP, which originally acquired the land in 2019. FCP transformed the site into a LEED Silver Certified, 100% leased office building, completed in 2022. By delivering a sustainable, amenity-rich environment, FCP successfully captured the intense demand for high-quality workspace in one of the world’s most competitive real estate corridors.
Joe Moriarty, EVP at CBRE, represented FCP in the sale. “FCP has an incredible reputation for identifying high-potential sites and delivering best-in-class products. 1540 El Camino Real is a ‘trophy’ asset in every sense,” said Moriarty. Ryan King and Justin Hale of King Realty represented the buyer.
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