NEWMARK REALTY HANDLES $11.3 MILLION OFFICE BUY SOUTH OF S.F. BAY

PALO ALTO, CALIF. — Newmark Realty Capital has arranged HATCO Associates’ more than $11.3 million acquisition of a two-story, 17,363-square-foot office building located at 420/430 Cowper Street in Palo Alto. The property is currently 100 percent occupied by Wells Fargo. Newmark’s Eric Von Berg represented HATCO in the off-market transaction with the seller, an affiliate of the Matteson Cos.