Sales and leases of offices, industrial buildings, retail space and apartments
LEASE
Graphtec America Inc., a seller of machinery to make signs that’s part of Japan’s Graphtec Corp., signed a five-year lease valued at $1.5 million at 17462 Armstrong Ave. in Irvine. The company plans to relocate from its current Santa Ana base in February. The 44,000-square-foot building is set to house administrative and warehousing divisions, which now are in Santa Ana and another building in Irvine. The new building will have less office space and more warehouse space than the previous two buildings. Tenant improvements are set to include a new kitchen and renovations of office space. Dave Desper of CB Richard Ellis Group Inc. represented the landlord, Los Angeles-based Western States Technologies Inc. Kenji Sakai and Tom Dorman of CB Richard Ellis represented Graphtec America.
SALE
13252 Garden Grove Blvd., Garden Grove
Price: $365,000
Building: three office condos
Price per unit: $121,667
Buyer: Manufacturing Information Exchange Solutions Inc.
Seller: Buibq Inc.
Brokers: David Cox and Todd LaPlante of Cox Commercial Inc.; John Manion of Commercial Real Estate Owners’ Support
SALE
450 W. 4th St., Santa Ana
Price: $2.4 million
Building: office
Square feet: 30,857
Price per square foot: $78
Buyer: Latino Health Access
Seller: Chicago Garden Grove LLC
Brokers: George Thomson, Marshal Vogt and Jonmark Fabiano of Lee & Associates
SALE
1009 S. Placentia Ave., Fullerton
Price: $980,000
Building: office
Square feet: 7,528
Price per square foot: $130
Buyer: McCarthy Thompson LLC
Seller: Affluent Target Marketing Inc.
Brokers: Bob Sattler of Lee & Associates; Troy Williams of Grubb & Ellis Co.
SALE
2509 S. Broadway, Santa Ana
Price: $1.4 million
Building: industrial
Square feet: 12,540
Price per square foot: $112
Buyer: David Mosier
Seller: Emmett Ebner
Brokers: J.R. Williamson of NAI Capital Inc.; Matt Durkin of Lee & Associates
LEASE
1410 Manzanita St., Orange
Space: 9,440 square feet
Building: industrial
Terms: undisclosed
Tenant: Alpha Aluminum Products Inc.
Landlord: The Pezzin Family Trust
Brokers: David Williams of Lee & Associates; Steve Crane of Ashwill Associates
LEASE
1221 E. Warner Ave., Santa Ana
Price: $2.1 million
Building: industrial
Square feet: 26,700
Price per square foot: $79
Buyer: R & R Leasing LLC
Seller: Leroy M. and Theresa J. Otsby
Broker: Greg Diab and Jack Haley of Lee & Associates
