16530 Ventura LLC, a private investor, has purchased the 159,285-square-foot Encino Atrium building located at 16530 Ventura Blvd. in Encino, CA. from Alliance Commercial Partners LLC. The building sold for $20.8 million, or $131 per square foot, with a cap rate of 10.25%. Located in the heart of the Encino financial district, the building consists of two 6-story contemporary office towers surrounding a dramatic six-story landscaped and sky lighted atrium. Lynwood Field and Bob Safai of Madison Partners represented both sides in the transaction.