The building that houses Flegel's Interior Design & Distinctive Home Furnishings, at 870 Santa Cruz Ave. in Menlo Park, is for sale, but there's no need for alarm bells, says the store's general manager, Brian Flegel.
The Flegel family has decided to sell the building, but plans to keep the business in place.
"Nothing is happening to the business. Everybody is going to stay employed. The business is fine," Flegel told The Almanac.
"We've been paying rent to the family trust. Now we'll pay it to someone else."
The two-story, 22,500-square-foot building is listed for $22.75 million, down from $25.75 million when it was first listed online in May.
An online listing saying that the building is to be delivered vacant on a month-to-month lease is inaccurate, Flegel said. "They effed that up," he said. "They're supposed to change that."