Sales and leases of offices, industrial buildings, retail space and apartments
LEASE
Amsafe Inc., an aircraft device repairer that’s part of Bridport-Air Carrier Inc. of the Seattle area, signed a five-year lease valued at $3.3 million at 2220 E. Cerritos Ave. in Anaheim. The company is moving from Cerritos to the 100,000-square-foot industrial building, which is more than twice as large as its old facility. Anaheim’s DSA Properties, which owns the new building as well as Amsafe’s Cerritos facility, offered the new site to Amsafe at the same rate it had been paying. The company is set to use the building to repair and overhaul inflatable safety devices for aircraft. Three Day Blinds previously leased the Anaheim building. Mitchell Zehner and Seth Davenport of Voit Real Estate Services and Clyde Stauff of Colliers International represented DSA and Amsafe.
SALE
1615 French St., Santa Ana
Price: $811,723
Building: office
Square feet: 10,808
Price per square foot: $75
Buyer: John & Laura Warren Trust
Seller: Mary F Baccaro Trust
Brokers: Greg Bassirpou, Pasha Darvishian, Alex Mobin and Nicholas R. Petrosian of Marcus & Millichap Real Estate Investment Services Inc.
SALE
26471 Rancho Parkway South, Lake Forest
Price: $582,516
Building: office
Square feet: 2,942
Price per square foot: $198
Buyer: TGC Investments
Seller: Valeo Corona LLC
Brokers: Marcus & Millichap Real Estate Investment Services
SALE
22700 Savi Ranch Parkway, Yorba Linda
Price: $4 million
Building: office
Square feet: 40,000
Price per square foot: $100
Buyer: Peter Riechers
Seller: Gregory Family Trust
Brokers: Steve Economos, Geoff DeWolf of 360 Commercial Partners
SALE
26475 Rancho Parkway South, Lake Forest
Price: $936,000
Building: office
Square feet: 5,127
Price per square foot: $183
Buyer: HC Ranch LLC
Seller: Wells Fargo & Co.
Brokers: Steve Economos, Geoff DeWolf of 360 Commercial Partners
LEASE
18831 Von Karman Ave., Irvine
Space: 6,636 square feet
Building: office
Terms: six years; $800,000
Tenant: Copenbarger & Voorhees LLC
Landlord: PPC Von Karman Investment LLC
Brokers: Doug Mathews of Grubb & Ellis Co.; Rich Pincott of CB Richard Ellis Group Inc.
LEASE
1401 Dove St., Newport Beach
Space: 6,267 square feet
Building: office
Terms: undisclosed
Tenant: Boston Scientific Co.
Landlord: Palm Springs Village-309 LLC
Brokers: Oliver Fleener, Michael Anderson-Mitterling, Matt Moore of Grubb & Ellis; Curtis Ellmore of Jones Lang LaSalle Inc.
Please send real estate deals to deals@ocbj.com. For sales, please list buyer and seller, sale price, square footage, building type, address and names of brokers and brokerages involved in the deal. For leases, please include tenant name, amount of square footage leased, type of space leased, value and duration of lease, address, landlord and brokers and brokerages involved in the deal.
