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REAL ESTATE DEALS – August 26, 2013

Sales and leases of offices, industrial buildings, retail space and apartments


LEASE

Orange County Lingual Institute, a Beverly Hills-based language school, recently signed and extended its multi-year lease at 600 Anton Blvd., Ste. B, in Costa Mesa.

The company is owned and operated by Jim Fallon and his wife, according to the institute.

The 4,200-square-foot office space is at Plaza Tower.

Brokers involved in the deal included South Coast Plaza Office Division’s Richard Frost and Fallon.


LEASE

9140 Irvine Center Drive, Irvine

Space: 4,500

Building: office

Terms: length undisclosed; $315,900

Tenant: Movement Mortgage

Landlord: JAB Property Holdings LLC

Broker(s): Brian Childs of

NAI Capital


LEASE

900 N. Broadway, Santa Ana

Space: 5,191

Building: office

Terms: length undisclosed; $147,164

Tenant: Community Relief Center Corp.

Landlord: UREIT LLC

Broker(s): Steve Liu, Roger Niez, Dan Mudge of NAI Capital


SALE

7261 Mars Drive, Huntington Beach

Price: $960,000

Building: industrial

Square feet: 4,388

Price per square foot: $218.78

Buyer: Ron De Avila

Seller: Mark and Kristine Woods

Broker(s): Gavin Denniston, Mike Barreiro of Daum Commercial Real Estate Services; Curt Stalder of Lee & Associates


SALE

543 S. Rose St., Anaheim

Price: $1 million

Building: industrial

Square feet: 11,500

Price per square foot: $87.83

Buyer: Transline Technology Inc.

Seller: a family trust

Broker(s): Brett Cervanes of Paul Kott Realtors Inc.; Brad Christian of Colliers International


SALE

1405 Pioneer St., Brea

Price: $2.9 million

Building: industrial

Square feet: 11,500

Price per square foot: $252.17

Buyer: Apogee Inc.

Seller: Maple Brothers Industrial Co.

Broker(s): Kevin McNeil, Karen Mun-roe of Lincoln Property Co.; Allen Bu-chanan of Lee & Associates


LEASE

9301 Irvine Blvd., Irvine

Space: 7,776

Building: industrial

Terms: length undisclosed; $429,596

Tenant: Hilltop Technology Laboratory

Landlord: Soka Distributors USA Inc.

Broker(s): Paul Fisher, Brian Childs of NAI Capital

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