Menlo Park saw an increase in revenue garnered from the transfer of real estate during the first six months of this fiscal year, as compared to the same time period for 2013-14.
Through December 2014, 267 transactions were processed, generating more than $366,000, according to the city. Last year, the numbers were 235 transactions and $237,000. That's an increase of $129,000 for Menlo Park, according to Economic Development Jim Cogan. The city ascribed the increase to continued strong sales in the commercial and residential real estate sectors.