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Venture capital firm has leased historic Oasis building

Original post made on Aug 28, 2019

The Oasis, a beloved restaurant and bar with wooden booths and an outdoor beer garden that shuttered last year has been leased by its owner to venture capital firm Pear VC, a spokesperson for the owners confirmed on Aug. 27.

Read the full story here Web Link posted Wednesday, August 28, 2019, 3:11 PM

Comments (16)

Posted by Hungry Joe
a resident of Atherton: Lindenwood
on Aug 28, 2019 at 5:02 pm

Will they serve burgers or add to area in any meaningful way?
Sad state of affairs on two sides now.


Posted by George Fisher
a resident of Menlo Park: Central Menlo Park
on Aug 28, 2019 at 8:02 pm

George Fisher is a registered user.

Big Community Loss!


Posted by whatever
a resident of Menlo Park: Central Menlo Park
on Aug 29, 2019 at 3:10 am

Old news. Read about this in the Daily Post online last week on Aug 22nd. BTW The city has lost another sales tax resource with the moving of longtime MP business Menlo Glass.


Posted by Nuff
a resident of Menlo Park: Central Menlo Park
on Aug 29, 2019 at 10:27 am

Oh Joy!


Posted by Mark
a resident of Menlo Park: Linfield Oaks
on Aug 29, 2019 at 12:52 pm

This change of tenants was mourned extensively, passionately and angrily on Facebook (Web Link) and elsewhere. That yet another absentee landlord is trying to maximize their return on an investment, with little or no regard for the wants or needs of the community, should surprise no one, truly. Pear VC does seem a good group of people from what I've read and I welcome them, but any office-related use of the old Oasis building will understandably be met with angst and scorn. One wonders whether the property owner wouldn't rather tear down this historic structure as part its larger development aspirations for the property next door (assuming HuHan Two and HuHan Three are one and the same): Web Link.


Posted by whatever
a resident of Menlo Park: Central Menlo Park
on Aug 29, 2019 at 2:28 pm

Mark
Huhsnone and two etc are all owned by the same family who own a home in Atherton. Not so absentee after all.


Posted by Mark
a resident of Menlo Park: Linfield Oaks
on Aug 29, 2019 at 2:42 pm

"Huhsnone and two etc are all owned by the same family who own a home in Atherton. Not so absentee after all."

Does this family actually live in Atherton, or merely own a home in town? Try performing a web search on "HuHan Two" or "HuHan Three" and you'll understand why one might assume they are absentee landlords.


Posted by pearl
a resident of another community
on Aug 29, 2019 at 3:07 pm

pearl is a registered user.

As a Menlo Park native, it just makes me sick that the Oasis building was not declared a historic site. It does not speak well of our City fathers that the Oasis building is now a commercial property owned by strangers who obviously don't give a hoot about our City and the meaning that building has for residents of Menlo Park and beyond.


Posted by whatever
a resident of Menlo Park: Central Menlo Park
on Aug 29, 2019 at 3:09 pm

Mark
"Does this family actually live in Atherton, or merely own a home in town?
You could always knock on the door.


Posted by paula
a resident of another community
on Aug 29, 2019 at 3:37 pm

paula is a registered user.

I am so sad that they intend to tear the building down and build offices. That building is so historic and I miss the Oasis so


Posted by Downtown
a resident of Menlo Park: Downtown
on Aug 29, 2019 at 3:49 pm

They can't tear down the Oasis building. The building is designated historic.


Posted by Mark
a resident of Menlo Park: Linfield Oaks
on Aug 29, 2019 at 4:03 pm

"You could always knock on the door."

I should simply ignore your evasive cheekiness but perhaps you can provide an address for HuHan One, HuHan Two or HuHan Three? I wouldn't presume to visit the owner of these shell LLCs at home, regardless where she may live (apparently no names are attached to the LLCs in county documents/records). And I say "she" because after some concerted digging I appear to have found the owner's name and she's every bit as mysterious as the HuHan entities. If she were truly part of the community she'd be more forthcoming about her ownership of and plans for a beloved and historic property like that which housed the Oasis.


Posted by whatever
a resident of Menlo Park: Central Menlo Park
on Aug 29, 2019 at 5:12 pm

Mark
Follow the paper trail.
Publicly available MP documents 1917 give the manager as Yihan Hu with an Atherton address and Stanford email.
Her current LinkedIn is
Web Link
Yes the family is likely in mainland China. But she is the local rep.
So I agree ownership is absentee.
Almanac everything I have listed is in the public domain.


Posted by pearl
a resident of another community
on Aug 29, 2019 at 6:40 pm

pearl is a registered user.

An absentee landlord, to add insult to injury!!! This has GOT to STOP!!! Shame on the powers that be for not quickly moving to designate the Oasis building as a historic landmark!!! It goes without saying we must vote these people out of office so this never happens again in our town. Boycott the absentee owners who now own the building that means so much to generations of Menlo Park residents, as well as to many others from surrounding communities. And boycott Pear VC, which has leased the building from the absentee owners for the purpose of running their venture capital business!!!


Posted by Randy Watson
a resident of Portola Valley: Westridge
on Aug 29, 2019 at 7:57 pm

Randy Watson is a registered user.

We probably shouldn’t sell real estate in the United States to people that are not citizens of the United States. But, hey, money is money, amiright?


Posted by Kevin
a resident of Portola Valley: Los Trancos Woods/Vista Verde
on Aug 29, 2019 at 8:17 pm

Kevin is a registered user.

This used to be a country that was dynamic and where property rights prevailed, but from all the commentary, everything really needs to stay exactly the same and all property is really community-owned.


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