June 09, 2008 10:30 ET

Two New Tenants Settle in at Glenborough's 400 South El Camino Real

SAN MATEO, CA--(Marketwire - June 9, 2008) - Glenborough, LLC, a San Mateo, CA real estate investment and management company specializing in office properties, is pleased to announce two new commercial tenants for its 400 South El Camino Real property in San Mateo, CA.

Tribal Brands, a digital entertainment company, headquartered in San Mateo, CA now calls the striking 14-story Class A building home. They took possession of 5,200 square feet -- half of the eighth floor -- on January 19, 2008. The company is contracted to remain at 400 South El Camino Real through 2011.

An additional 5,300 square feet is now occupied by Hewins Financial Advisors, an independent, fee-only wealth management and advisory firm. The company moved in during May and, with a 7-year lease in hand, evidently plans to stay awhile.

Both agreements were brokered for Glenborough by John Mackey, Bob Garner and Todd Minerley of Cornish and Carey. Tom Snider of BT Commercial represented Tribal Brands, while Hewins Financial Advisors turned to Kristoph Lodge of Cornish and Carey.

The centrally located building is within 10 minutes of the San Francisco International Airport, and affords convenient access to San Francisco and the Silicon Valley via nearby Highway 101 or Interstate 280, and convenient access to the East Bay via nearby Highway 92. The upper floors provide panoramic bay and city views and the building features a full service deli, common conference room/tenant lounge, five-floor parking garage, and ground floor visitor parking.

For leasing information, contact Michael McCormac at (650) 343-9300 or michael.mccormac@glenborough.com.

About Glenborough, LLC

Glenborough, LLC is a real estate investment and management company with 30 years of industry experience. Formerly a NYSE listed real estate investment trust, the company returned to its private roots in 2006. Glenborough is focused on the acquisition, management, leasing and development of high quality office properties and currently has over $2.8 billon of assets under management, including core, value add and development properties. The company's primary investment markets are Northern California, Southern California, Denver and Washington, D.C. For further information, visit www.glenborough.com.