The building addresses are 1184, 1194, and 1220 N. Mathilda Ave.The complex is located near the confluence of US Highway 101 andState Highway 237. Previously known as Mathilda Business Center,the complex is 100% occupied by publicly held Juniper Networksunder three leases that have 3% annual bumps and expire in 2012,2013 and 2014.

The $615-per-sf purchase price equates to a year-onecapitalization rate of 6.5%. There were multiple bidders at orabove the $600-per-sf mark, according to the source, who says thesite could potentially hold another 150,000 sf of office space.

Neither Tishman Speyer nor GA Asset Management could be reachedon Monday for comment. The listing brokers were reportedly MichaelLeggett, Gerry Rohm, Rita Meehan and Phil Mahoney of Cornish &Carey, the same brokers who handled the sale to Tishman in April 2005.They could not be reached Monday for comment.