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

The business park is occupied by a national tenant mix that includes Texas Instruments, Avnet Inc., Zenith Insurance and the University of Phoenix, among others. Leonard notes that a benefit offered by each building is free parking in a market that generally charges for parking.

According to Leonard, the seller put the 5950 property on the market in 2006, with Leonard as the listing agent. Bantry Holdings and Guggenheim Real Estate were among several bidders who made offers to purchase the building at that time, but the seller withdrew the property without accepting any of the bids.