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Business: Coldwell Banker merges Menlo Park real estate offices

 

The two Coldwell Banker real estate offices in Menlo Park recently merged into one location at 1377 El Camino Real, near Valparaiso Avenue. The other office, at 930 Santa Cruz Ave., has been vacated.

The El Camino office is spacious and can accommodate the 20 agents who worked at the Santa Cruz Avenue site, plus the 60 who already worked at El Camino, office manager Wendy McPherson said.

The merger occurred on Feb. 8.

Today, she said, real estate companies don't need brick and mortar offices like they used to. Their agents are usually either on the computer or with their clients. Plus, she added, the building on Santa Cruz Avenue that was recently vacated "needed a lot of work."

Ms. McPherson said she's looking forward to an exciting year at the El Camino office. "We're in a very vibrant market, especially in the Midpeninsula," she said. "It's ground zero for the tech buyers."

The company has 57 office locations and about 3,900 sales associates in Northern California, stretching from Tahoe to Monterey.

Kate Bradshaw

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