The portfolio includes a 90,734-sf, six-story building at 5950Canoga Ave., a 53,283-sf, two-story atrium building at 5955 DeSotoAve. and a 35,646-sf single-story building located at 21155 CalifaAve. With the exception of 1,200 sf available for lease at 5955DeSoto, all of the buildings are fully leased.

The business park is occupied by a national tenant mix thatincludes Texas Instruments, Avnet Inc., Zenith Insurance and theUniversity of Phoenix, among others. Leonard notes that a benefitoffered by each building is free parking in a market that generallycharges for parking.

According to Leonard, the seller put the 5950 property on themarket in 2006, with Leonard as the listing agent. Bantry Holdingsand Guggenheim Real Estate were among several bidders who madeoffers to purchase the building at that time, but the sellerwithdrew the property without accepting any of the bids.