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California  + Bay Area  + Office  | 

Four Corners Trades Fully Leased Menlo Park Offices for $104M

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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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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