MOUNTAIN VIEW, CA—HFF has closed the sale of 303 Bryant Street, a Class A office property totaling 55,956 square feet.

HFF marketed the property on behalf of the seller. Menlo Equities purchased the property for $40 million. The transaction also included the assumption of an in-place loan.

Built in 2002, the three-story building is 100% leased to Speck Products and includes a subterranean parking structure. The building is located in downtown Mountain View in close proximity to the Caltrain and light rail station and provides access to U.S. Highway 101, Interstate 280 and Routes 85 and 237.

The HFF investment sales team representing the seller was led by senior managing directors Michael Leggett and Gerry Rohm and director Dave Karol.

Founded in 1994 by Henry Bullock and Rick Holmstrom and headquartered in Palo Alto, 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. Since its founding, Menlo Equities has acquired or developed more than 80 properties for a total cost of approximately $2.2 billion, and has developed and built more than 3.2 million square feet of high-profile office, R&D and engineering commercial real estate.

HFF (Holliday Fenoglio Fowler, L.P.) and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 21 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry.

Instant Insights /

HFF Sells 10-year-old Office Property for $40M

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