$1,455/SF Sale by Intero Commercial and Guggenheim Realty Group Announced in Atherton

SILICON VALLEY— Intero Commercial and Guggenheim Realty Group are pleased to announce the sale of the Atherton Financial Building, a 9,825 square foot trophy property located in Menlo Park, California, just outside of Atherton, an upscale, high-class suburb in the San Francisco Bay area. Yuan-Sing Chang of Intero Commercial and Eric Jong and Allen Guggenheim of the Guggenheim Realty Group had the privilege to represent the seller, a private investment group. The property was sold for $14,300,000 within 60 days of being offered for sale.

The newer construction (2010) building is occupied with tenants on Triple Net (NNN) Leases. The immediate area (zip codes 94022 and 94027) boasts a strong residential community with average household incomes of ap- proximately $224,222, the strongest demographic areas in the Silicon Valley market and one of the top wealthiest counties in the United States.

Intero Commercial and Guggenheim Realty Group look forward to working with parties interested in leasing, selling or looking to acquire other similar commercial assets and encourage you to contact them for a no obligation evaluation of your commercial property. Contact them at ychang@interorealestate.com or eric@guggenheimrgi.com.

About Intero Commercial
For over 10 years, the Intero Commercial has helped clients acquire, position, and sell commercial and investment properties. Whether it is leasing in a retail strip center or office building, finding a new facility for the office, retail or industrial tenant, or representing buy- ers and sellers of investment real estate, speed to market and economic performance are as important to us as they are to our clients. Our consultants and the way we do business are what set us apart from the competition. Our business is built on relationships. And we continue to build and maintain those relationships through outstanding performance and local market insight. We are renowned for applying the highest standards of quality & integrity in all our property services. Our reputation for uncompromising professionalism and personalized service is earned by serving our clients and earning their trust. We do business differently to give you the edge by optimally positioning and marketing commercial properties and uncovering hidden opportunities for our clients. You are sure to be im- pressed with our knowledge and ability to deliver results. To learn more about Intero Commercial go to http://interocommercial.com/

About Guggenheim Realty Group
Market knowledge and integrity coupled with personal and community relations are the cornerstones of Guggenheim Realty Group’s operating philosophy. We have an innovative staff of professionals offering strong credentials in each area of commercial real estate. In dealing directly with clients, developers, other brokers and public agencies, our organization has created a reputation of cooperation and success. Proven negotiating expertise and persistent follow-up ensure the objectives of our clients are delivered within a speci- fied timeline. As a full-service commercial real estate firm, Guggenheim Realty Group offers solid, comprehensive building manage- ment services, including leasing, sales and management of retail, office, and commercial property and land. To learn more about the Guggenheim Realty Group, Inc. go to: www.guggenheimrgi.com.

West Coast Commercial Real Estate News