• Wavestream Corporation fully occupies the subject property. The lease is guaranteed by Gilat Satellite Networks (NASDAQ: GILT). The tenant recently exercised their option to extend the lease through 2030. • The tenant has invested over $1 million in an extensive TI build-out at the subject property, establishing it as their US West Coast headquarters. With 3 years remaining and no outstanding options, the opportunity provides the future owner with upside through lease re-negotiation at market rents, as the tenant is currently paying below-market rents in Los Angeles County.