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LOS ANGELES-A Redwood City-based e-commerce software provider has signed a $5-million, seven-year lease at El Segundo’s Continental Grand Plaza II, bringing the office building up to full occupancy.

BroadVision Inc. will take 22,500 sf in the six-story, 240,000-sf building at the corner of Continental and Grand. The space will house the software company’s South Bay satellite office, which will include full training facilities and room for up to 75 employees.

Ken Lilley, VP of sales for BroadVision’s Southern California operations, says the company chose the South Bay for its array of shops and restaurants and close promixity to Los Angeles International Airport. Many tenants have been moving to the area, where rents are much lower than in the pricey West LA market a few miles up the San Diego Freeway.

Other tenants in the building include Boeing Satellite Systems, Regus Business Centres, Sierra Systems, Xpedior and Lexmark. The LA office of CRESA represented BroadVision in its new lease. The landlord, LA-based Summit Commercial Properties, was represented by the Torrance office of CB Richard Ellis.

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