Sales and leases of offices, industrial buildings, retail space and apartments
SALE
Westgrove Plaza recently sold a retail center in Garden Grove for $8.5 million to N.D. Dinh Tran Trust.
The 33,074-square-foot property is at 10320 Westminster Ave.
The center is in the middle of Little Saigon and was 100% occupied at the time of purchase, according to real estate brokerage NAI Capital.
The brokers involved in the deal included NAI Capital’s Tom Nguyen and Lawrence Ling of Ling & Associates LLC.
Nguyen represented the buyer, while Ling represented the seller.
SALE
7274 Lampson Ave., Garden Grove
Price: $4.9 million
Building: office
Square feet: 65,234
Price per square foot: $75
Buyer: Francis Trust
Seller: Hurtt Trust
Broker(s): Scott Smith, Curt Stalder of Lee & Associates Commercial Real Estate Services Inc.; Andy Friedman of Industrial Properties
SALE
4222 E. La Palma Ave., Anaheim
Price: $1.1 million
Building: industrial
Square feet: 6,950
Price per square foot: $164.08
Buyer: The Rethmeier Family Trust
Seller: L&L La Palma Property LLC
Broker(s): David Williams of Lee & Associates; Sean Ward of CBRE Group Inc.
LEASE
1526 Brookhollow Drive, Santa Ana
Space: 1,584 square feet
Building: office
Terms: length undisclosed; $127,840
Tenant: Orange County Intergroup Association of AA
Landlord: Daniel Lee
Broker(s): Robert Davis of NAI Capital
SALE
8650 Beach Blvd., Buena Park
Price: $1.3 million
Building: retail
Square feet: 5,600
Price per square foot: $232.14
Buyer: Pacific Development Group
Seller: Mary Pickford Foundation
Broker(s): Jessie Paster, Irwin Hyman of NAI Capital
LEASE
27221 Ortega Highway, San Juan Capistrano
Space: 1,629 square feet
Building: retail
Terms: length undisclosed; $161,296
Tenant: Bizhan Atooni
Landlord: Minaberry Family Trust B
Broker(s): Roger Niez, Steve Liu of NAI Capital
LEASE
28 Hammond, Irvine
Space: 8,000 square feet
Building: office
Terms: five years; cost undisclosed
Tenant: undisclosed
Landlord: undisclosed
Broker(s): Allen Buchanan, Marshal Vogt, David LaFosse of Lee & Associates