One and Two Corporate Center are seven- and 10-story towers,respectively, with a combined vacancy of 5%. The buildings arelocated just off of Interstate 680 on Willow Pass Road, one of themain arteries in Concord, which JLL says is one of thebest-performing office markets in the Bay Area.

More than 86% of two buildings' leases expire by the end of 2010and carry below-market rents, offering the Aslan a value-addopportunity, according to JLL. "The high level of interest wereceived in the asset demonstrates the strength of the Concordoffice market and the desirability of the complex," says JLLmanaging director Michel Seifer.

The sale was arranged by Seifer and Rob Hielscher of Jones LangLaSalle's San Francisco office. Seifer and Hielscher were assistedin the sale by Bob Vance, Jones Lang LaSalle's head of leasing inthe East Bay.

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