Menlo Equities LLC acquired Office building in Corporate Technology Centre from KBS Real Estate Investment Trust II, Inc. (OTCPK:KBRS) for $35 million on November 23, 2021. The consideration does not include third-party closing costs of approximately $0.8 million and disposition fees payable to KBS. Joseph Moriarty, Scott Prosser, Jack Depuy, Brad Zampa and Mike Walker of CBRE acted as real estate advisor to KBS Real Estate Investment Trust II, Inc.

Menlo Equities LLC completed the acquisition of Office building in Corporate Technology Centre from KBS Real Estate Investment Trust II, Inc. (OTCPK:KBRS) on November 23, 2021. Menlo Equities LLC paid $351 per square feet for 99,600 square feet Class A office building in San Jose.