INVESTMENT PLATFORMS

CYCLE TESTED. MARKET KNOWLEDGE. FOCUSED STRATEGIES.

Menlo Equities has acquired or developed over $8 billion of commercial real estate assets since inception in 1994.  Our goal is to create value and generate superior, risk-adjusted returns throughout economic and real estate cycles for our partners through four investment platforms: Core-Plus, Value-Add, Digital Infrastructure, and Development.

Regardless of where we are in the cycle or through which platform we deploy capital, our investment approach remains consistent – invest in purpose driven properties in the most robust innovation-driven markets, with a focus on essential office, R&D/lab, data center, life science and industrial assets.

Core-Plus
Value-Add
Digital Infrastructure
Development

1CORE-PLUS

Seeks to deliver a low-risk, stable cash flow yield, while generating long-term appreciation by investing in mission critical properties leased primarily to investment grade rated tenants subject to triple net leases.

  • Mission critical nature results in a strong likelihood a property stays leased through economic cycles
  • Investment grade tenancy ensures stability of rent collections and cash flow
  • Triple net leases minimize operational risk and provide a hedge against inflation

REPRESENTATIVE PROPERTIES

AUSTIN, TX

100% leased LEED Gold certified buildings located in a high-barrier to entry market

BURBANK, CA

100% leased to affiliates of the Walt Disney Company

2Value- Add

Focuses on value creation through opportunistic acquisitions and rigorous property and asset management.  Representative investment strategies include:

  • Mark-to-Market – Properties leased at significantly below market rents
  • Credit arbitrage – Mispriced assets due to a dislocation in the capital markets
  • Repositioning / Lease Up – Existing improvements are dated or obsolete requiring capital investment to improve its profile to prospective tenants
  • Special Situations – Opportunistic investments such as distressed assets, foreclosures, or debt positions

REPRESENTATIVE PROPERTIES

SAN JOSE, CA

Business plan included interior and exterior capital improvements with upgraded landscaping that resulted in significantly higher tenant interest and rental rates

REDMOND, WA

Increased occupancy from 11% at acquisition to 92% at sale at rents exceeding original underwriting

3Digital Infrastructure

Targets the acquisition and development of essential data center facilities in the most robust U.S. markets.

  • Active data center investor for over 20 years
  • Current data center tenants include best-in-class operators and REITs
  • Portfolio includes facilities in the markets of Northern Virginia, Silicon Valley, Boston, Dallas, Nashville and Chicago

REPRESENTATIVE PROPERTIES

ASHBURN, VA

State of the art, purpose-built data center located within 10 minutes of Washington Dulles International Airport

PALO ALTO, CA

The Palo Alto Internet Exchange is one of the most interconnected data centers on the West Coast

4Development

Ground up development and redevelopment projects that include site acquisition, entitlement, construction, lease up, and exit

  • Focus on in-fill locations
  • Vertically integrated platform drives our ability to adapt through all market conditions

REPRESENTATIVE PROPERTIES

SAN DIEGO, CA

Four-building, 325,000 square feet corporate campus in the heart of the Rancho Bernardo submarket

SANTA CLARA, CA

Eight-building, 1.6 million square feet corporate campus that was leased to multiple credit tenants