Founded in 1994 by Henry Bullock and Rick Holmstrom and headquartered in Palo Alto, California, Menlo Equities is a vertically integrated commercial real estate company engaged in the acquisition, development, and operation of properties in select technology markets in the western United States, primarily in California.
Menlo Equities has acquired or developed over 80 properties for a total cost of $1.38 billion. As a highly regarded owner, developer, and property manager, Menlo Equities sees virtually every material transaction in our primary markets. We enjoy tremendous credibility as an owner-operator and have developed relationships with many of the largest owners, tenants, and top brokers in California.
Since our founding, Menlo Equities has developed and built over 3 million square feet of high-profile office, R&D, and engineering commercial real estate. Notable recent projects include an 83,000‑square‑foot build-to-suit for Broadcom Corporation in the Rancho Bernardo area of San Diego; a 166,000‑square‑foot office building in Sunnyvale; and a 42,000‑square‑foot office and residential building in downtown Palo Alto. Additionally, Menlo Equities completed the leasing and renovation of approximately 400,000 square feet of office space in Silicon Valley in the past two years. Our portfolio is substantially leased.
