The complex was developed in the late 1980s. The two largesttenants in the complex, life science companies Catalyst BiosciencesInc. (32,700 sf) and Athenagen Inc. (19,879 sf), have each expandedtheir leaseholds by more than 200% in the past couple of years,according to a local source with a flyer that was sent out aboutthe property. Other tenants include ADT Security Services (19,300sf), KAI Pharmaceuticals (15,500 sf) and Toshiba (21,000 sf in twoleases).

Athenagen's current lease is due to expire in one year but anexpansion and extension is reportedly out for signature, accordingto the flyer. The next leases to roll would be Toshiba's, in March2009. The other leases roll in 2010 (KAI), 2011 (ADT) and 2014(Catalyst).

The parties involved in the transaction either could not bereached for comment or declined to confirm the purchase price andlease details. Michael Leggett, Gerry Rohm, Rita Meehan, BrentonWickam and Randy Scott of Cornish & Carey had the dispositionassignment.