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Sand Hill Commons Sells for $131.5 Million

ING Clarion Acquires Menlo Park Office Property for Remarkable $998 Per Square Foot
By Nancy O'Barr
July 11, 2006 | 6:02 P.M.

New York-based ING Clarion Partners, a real estate investment advisory firm, acquired a majority interest in Sand Hill Commons at 2882-2884 Sand Hill Road in Menlo Park, CA for $131.5 million, or about $988 per square foot. The buyer acquired the property on behalf of a multi-investor fund it manages.

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