Sales and leases of offices, industrial buildings, retail space and apartments
SALE
The Warren Family Ministry—part of Rick Warren’s Saddleback Valley Community Church—has acquired an 11,320-square-foot industrial building at 30021 Comercio in Rancho Santa Margarita for $1.8 million, or $159 per square foot. The building was bought from Saddleback Associates. Warren plans to use the building as a production facility for the megachurch, which averages more than 22,000 attendees per week across five campuses in Southern California. The building was put up in 1998 on less than an acre of land. Saddleback church has its main campus on about 120 acres in neighboring Lake Forest. Guy Laferrara, Mike Baker and Thomas Gilmer of Lee & Associates Commercial Real Estate
Services Inc. represented the seller. Robert Venneri of VT Realty represented Warren Family Ministry.
SALE
2001 E. Dyer Road, Santa Ana
Price: $23.1 million
Building: industrial
Square feet: 366,000
Price per square foot: $63
Buyer: Alliance Commercial Parters
Seller: Taylor B. Grant (receiver)
Brokers: Scott Read of Grubb & Ellis Co.
SALE
35 Tesla Drive, Irvine
Price: $6.3 million
Building: office
Square feet: 35,000
Price per square foot: $180
Buyer: Owen Group
Seller: GE Capital Real Estate
Brokers: Andrew Robben, Brian Garbutt of Lee & Associates
SALE
34197 Pacific Coast Highway, Dana Point
Price: $2 million
Building: office
Square feet: 7,713
Price per square foot: $259
Buyer: Pacific Coast Highway Properties LLC.
Seller: Summers Murphy & Partners Inc.
Brokers: Robert Kehiayan of Investment R/E Source Inc.; Pat Scruggs, Brian Cole of CB Richard Ellis Group Inc.
SALE
800 E. Dyer Road, Santa Ana
Price: $2.2 million
Building: industrial
Square feet: 17,668
Price per square foot: $127
Buyer: Samara Real Estate Investment
Seller: Shedd-Silk Properties
Brokers: Scott Seal, Luke Hudson of Lee & Associates; Maya Boukai
SALE
1118 W. Pearl St., Anaheim
Price: $750,000
Building: apartments
Units: six
Price per unit: $125,000
Buyer: undisclosed
Seller: undisclosed
Brokers: Shane McConnell, Daniel Blackwell, Marcus & Millichap Real Estate Investment Services
LEASE
18101 Von Karman Ave., Irvine
Space: 6,549 square feet
Building: office
Terms: undisclosed
Tenant: Christie, Parker & Hale LLP
Landlord: GE Capital Real Estate
Brokers: Royce Sharf, Michael Props, Paul Jones of Studley
