Menu Open Search HOMEINDUSTRIES PRACTICES Menlo Adds to Its Growing Portfolio and Acquires 9 Data Center Assets SHARE: INDUSTRY: REAL ESTATE KEY FACTS Menlo Equities is headquartered in Menlo Park, California Menlo has managed over $7 billion of assets since its inception This project included an acquisition and three separate financings THE SITUATION Mintz represented Menlo Equities (Menlo), a private, vertically integrated commercial real estate investment firm, in its acquisition of a portfolio of data center assets (eight properties and an 80% interest in a ninth) from a partnership between an asset management company and a real estate investment company for approximately $487 million. THE APPROACH The acquisition was accomplished through an existing partnership between Menlo and a US pension fund, along with three separate financings. Mintz’s work on this significant matter included, without limitation, strategizing the best approaches to be awarded the deal through a competitive bid process, negotiating the purchase and sale agreements for the fee and interest purchases, negotiating the joint venture for the interest purchase, negotiating numerous loan documents, advising on a number of tax and ERISA matters, analyzing myriad leasing, title, and survey matters, and providing guidance on potential land use developments. THE OUTCOME This successful acquisition continues Menlo’s increasing focus on data center assets. Supporting Professionals PREVIOUS Brandon E. Barker Member Los Angeles BEBarker@mintz.com +1.310.226.7840 Paul Churchill Member / Managing Member, San Francisco Office / Co-Chair, Real Estate Practice San Francisco PChurchill@mintz.com +1.415.432.6099 NEXT VIEW ALL PROFESSIONALS Related Practices Real Estate Transactions Acquisitions & Dispositions Data Centers & Communications Real Estate Real Estate Joint Ventures Leasing Real Estate Finance ALL PRACTICES Related Industries Real Estate, Construction & Infrastructure Real Estate ALL INDUSTRIES Sign up for Mintz Insights Get our latest thought leadership Find Solutions Practices Industries Why Mintz Get in Touch Offices Find an Attorney Careers Keep in Touch Insights Center News & Press Releases Events Follow us Footer SitemapDisclaimerPrivacy StatementGDPR Privacy NoticeML StrategiesAlumniMintz Employee Access Review our Cookie Management Center © 2021 Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. All Rights Reserved. By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Cookies Settings Reject All Accept Cookies