89.3 F
San Fernando
Monday, Aug 15, 2022
-Advertisement-

Real Estate Deals

Compiled by Jonathan Reagan 4128 Wilshire LLC paid $28.7 million to CRC Real Estate for a 175,717-square-foot office building at 1120 W. La Veta Ave. in Orange. Sonya Dopp-Grech of Lee & Associates Commercial Real Estate Services Inc. represented both parties. Cristek Interconnect Inc., a maker of electronic connectors, paid $4.6 million to Montech Holdings for a 50,265-square-foot industrial building at 5395 Hunter Ave. in Anaheim. Bryan Miller, David Williams, Brad Gilmer and Steve Pelletier of Lee & Associates represented both parties. VGT Properties LLC and 2740 Grand LLC paid $4 million to Ukawa Corp. of California for a 15,570-square-foot office building at 2740 N. Grand Ave. in Santa Ana. Tyler Mattox of Mattox Property Solutions represented the buyers. Brad Rawlins and Ken Johnson of Lee & Associates represented the seller. Steiner Family LP paid $3.95 million to Diversified Starbuck Center LLC for a 4,000-square-foot retail building at 25802 El Paseo Ave. in Mission Viejo. Gary Dalton of CB Richard Ellis Group Inc. represented the buyer. Dennis Vaccaro of Faris Lee Investments represented the seller. LST Investments paid $3.9 million to Main Street Square LP, part of developer Ramsey Real Estate Group, for an 8,550-square-foot retail building at 148 Main St. in Seal Beach. The deal included a 19-space parking lot at 147 Main St. Ken Trossen of Equity Brokers Inc. represented the buyer. Main Street Square represented itself. Mach Van Dang paid $3.35 million to Cindy Lane Investment Corp. for a 21-unit apartment complex at 2111 S. Cindy Place in Anaheim. Michael Cavner and Gary Tolfa of Investment Property Group represented both parties. NI & D; Inc. paid $2.57 million to LuAnne & William Leonard Trust for 19,500-square-foot industrial building at 6 Chrysler in the Irvine Spectrum. John Collins and Steve Lane of Voit Commercial Brokerage LP represented the buyer. Jeff Carr and David Bolt of CB Richard Ellis represented the seller. South Bay Shore LP paid $2 million to Henry and Lynda Loo for the 16-unit Evergreen Villa apartment complex at 2310 to 2332 W. Roberta St. in Fullerton. Michael Cavner and Gary Tolfa of Investment Property represented both parties. David Nguyen paid $1.5 million to Garg-Oil Productions LLC for an 11,900-square-foot industrial building at 15931 Chemical Lane in Huntington Beach. Greg Diablo of Lee & Associates represented the buyer. David Cox of Ashwill Associates Inc. represented the seller. ShoPac LLC paid $991,419 to Shek K. Sung for a 6,933-square-foot industrial building at 17891 Jamestown Lane in Huntington Beach. David Cox of Ashwill Associates represented the buyer. Kirk Cole of Grubb & Ellis Co. represented the seller. John and Jennifer Kerr paid $605,000 to Richard and Pamela Kluth for a 3,816-square-foot industrial condominium at 21531 Surveryor Circle in Huntington Beach. Juan Rendon of Ashwill Associates represented the buyer. Lee & Associates represented the seller. LEASES Software maker Raining Data Corp. leased 28,749 square feet of office space at 25 Technology Drive in Irvine. The five-year deal is valued at $2.6 million. Raining Data is moving from elsewhere in Irvine. David Cantwell of Studley Inc. represented the tenant. Michael Hodges of landlord The Irvine Company represented his company. Ashland Inc. renewed its lease of 21,500 square feet of office space at 1851 E. First St. in Santa Ana. The deal is valued at $3 million. Rick Sherburne, Alex Hayden and Travis Boyd of CB Richard Ellis represented the tenant. The landlord is NNN 1851 East First Street LLC. Accredited Home Lenders renewed its lease of 12,800 square feet of office space at 2300 E. Katella Ave. in Anaheim. The deal was valued at $1.6 million. Rick Sherburne, Alex Hayden and Travis Boyd of CB Richard Ellis represented the tenant. Four Star Distribution leased 10,988 square feet of office space at 1211 Puerta del Sol in San Clemente. The value of the five-year deal was not disclosed. Bob Savanich of Lunnen Co. represented the tenant. Scott Johnston, Bob Davis, and Greg Puccinelli of Grubb & Ellis as well as Adam Wicker of Lee & Associates represented landlord HG-Burke Talega LLC. Park Place Funding leased 2,244 square feet of office space at 25241 Paseo de Alicia in Laguna Hills. The value of the five-year deal was not disclosed. Cori Hipol of CB Richard Ellis represented the tenant. Scott Johnston, Bob Davis and Greg Puccinelli of Grubb & Ellis represented landlord Alicia Holdings. Staffmark Investments LLC leased 1,837 square feet of retail space at 13681 Newport Ave in Tustin. The value of the five-year deal was not disclosed. CB Richard Ellis represented the tenant. Dan Samulski and Mark Baziak of Grubb & Ellis represented landlord Tustin Plaza Center LP. Z Pizza leased 1,106 square feet of retail space at 11100 Talbert Ave. in Fountain Valley. The value of the 10-year deal was not disclosed. Epsteen & Associates represented the tenant. Dan Samulski of Grubb & Ellis represented landlord FV Showroom Partners 1 LLC.

-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-