18300 Redmond Way


  • A three-story office building totaling 100,985 square feet that was built in 2008
  • Acquired in June 2015 with in-place occupancy of 11%
  • Building required relatively few improvements to bring it to market-ready condition


  • Creative open-office build-out in majority of suites to maximize appeal prospective tenants
  • Leverage flexibility in configuration to accommodate multiple tenants


  • Menlo was able to increase occupancy to 92% with eight tenants at rents exceeding original underwriting
  • The property was sold in June 2016