The Graham Court Business Park sold to Peter and Jenny Galea of San Francisco for a total $3.8 million. A group of investors named the Graham Court Association bought the property about three years ago for approximately $2.3 to $2.5 million. The buyer is a retired San Francisco businessman who bought the property from the Graham Court Association as an investment.

Although the property is fully leased now, about 20% of the total 48,360 sf of rentable space in the complex may be available in the next two to three years which would afford the new owners an opportunity to increase the NOI if market rates head up once again.

The 2.16-acre complex consists of four individual buildings on four lots ranging form 3,695 to 12,356 sf. Among the seven tenants in the complex are Lawrence Livermore Labs with just over 14,000 sf and Seaway Semiconductor with 12,236 sf.