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California  + Bay Area  + Office  | 

$157M Financing Arranged for Menlo Gateway Phase II in Menlo Park

Connect Bay Area is just around the corner on May 17th in San Francisco. Here is where to get more information and register.

NorthMarq Capital arranged the $157.3-million construction-to-permanent loan for Menlo Gateway Phase II, an under-construction office property located at 125 and 135 Constitution Dr. in Menlo Park, CA. The borrower entities were Bohannon Development Company and Alexandria Real Estate Equities, and the financing was through a life insurance company relationship.

Menlo Gateway is a 16-acre master-planned development comprised of a 250-room Autograph Collection hotel and a total of roughly 773,000 square feet of office space fully leased to Facebook. The second phase of development, which is slated for Q4 2019 delivery, is planned to deliver 521,000 square feet at 125 and 135 Constitution Drive. The 252,000-square-foot first phase of development has already delivered

NorthMarq’s John Kerslake and Briana Harney arranged the fixed-rate transaction that was structured with a three-year interest only term during construction, followed by a 14-year permanent term.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
  • ◦Development
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