A big-time real estate investor has bought a stake in a large tech campus in Menlo Park that’s leased to Facebook in a deal worth well over a half-billion dollars.
MENLO PARK — A big investor has bought a stake in a large office campus in Menlo Park that’s leased to Facebook in a deal worth well over a half-billion dollars, according to federal and local public documents.
An affiliate of Canada-based Brookfield Asset Management, a big real estate investment firm, bought a 49% interest in the tech campus, according to a public property document filed on Nov. 30 with the San Mateo County Recorder’s Office. Facebook had previously struck a deal to rent the entire tech campus, which has addresses of 100 Independence Drive, 101 Constitution Drive and 155 Constitution Drive.
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