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REAL ESTATE DEALS

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

SALE

Owen Group Inc., an architecture and engineering consulting firm, paid $6.3 million for a 35,000-square-foot office building at 35 Tesla in the Irvine Spectrum. The deal was a foreclosure sale by GE Capital, and came to about $180 per square foot. Irvine-based Optimum Power Conversion Inc.’s Teslaco will remain in the building as a tenant. Owen plans to make minor tenant improvements before moving into the building’s top floor in April from their current offices a few miles away. Brian Garbutt and Andrew Robben of Lee & Associates were the brokers in the deal.


SALE

400 N. Berry St., Brea

Price: $2.3 million

Building: industrial

Square feet: 23,070

Price per square foot: $100

Buyer: Todd and Kelly Roberts

Seller: Gordon and Patrice Lowe

Brokers: Scott Seal of Lee & Associates; Zach Niles and Garrett McClelland of 360 Commercial Partners


SALE

774 Placentia Ave., Placentia

Price: $2.6 million

Building: office

Square feet: 29,681

Price per square foot: $88

Buyer: Interface Rehab Inc.

Seller: Kenyon Placentia Inc.

Brokers: Clyde Stauff of Colliers Inter-national; J.R. Shah of Century 21 Real Estate LLC


LEASE

6300 Katella Ave., Cypress

Space: 75,000 square feet

Building: research and development

Terms: 13 years; $8.1 million

Tenant: Mary Kay Inc.

Landlord: Cypress Land Co.

Brokers: Sam Chu and Laird Perkins of CB Richard Ellis Group Inc.


LEASE

5443 E. La Palma Ave., Anaheim

Space: 7,360 square feet

Building: industrial

Terms: undisclosed

Tenant: Walbro LLC

Landlord: LBA/MET Partners II– Com-pany II LLC

Brokers: Brian Chastain of Grubb & Ellis Co.; Mitchell Zehner, Seth Davenport and RJ Socci of Voit Real Estate Services


LEASE

31 Fortune Drive, Irvine

Space: 6,245 square feet

Building: retail

Terms: undisclosed

Tenant: Cucina Enoteca

Landlord: Irvine Company

Brokers: Michael Spilky of Location Matters Brokerage Services

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