The complex contains seven class A office buildings, whichaggregates 675,000 sf, and the Shoppes at Penn Center East, a275,000-sf retail/restaurant center. Soffer developed the complexbetween 1964 and 1982 and added the retail component in 1999. It islocated on 88 acres just off the Monroeville exit of Interstate 376along William Penn Hwy. The campus also includes a 241-residentialbuilding, which was not a part of the sale.

Locally based LG Realty Advisors will handle management andleasing of both the retail and office components of the property.Its president, Lawrence Gumberg, was formerly with JJ Gumberg Co.,a privately held shopping center owner, and his brother headsGumberg Asset Management.

He declined to disclose the current occupancy or rent rates andsays his comments are limited to prepared press releases from thetwo owner-partners. In the statement, he says, "We've alreadystarted planning to improve amenities to meet our tenants' currentand future needs. We look forward to engaging the brokeragecommunity."