Sales and leases of offices, industrial buildings, retail space and apartments
LEASE
Irvine-based gym operator LA Fitness International LLC has leased 47,000 square feet of retail space for 15 years at 27441 Crown Valley Parkway in Mission Viejo. The company plans to open a gym by 2012 at the Kaleidoscope shopping center. LA Fitness is taking over space that housed a Bristol Farms store that closed two years ago. Kaleidoscope is a 241,000-square-foot, three-story mall built in 1998. The mall went into receivership last year and was bought by Connecticut’s Westport Capital Partners LLC for $22 million. Mark Baziak, Terrison Quinn and Mark Jones of Grubb & Ellis Co. represented the landlord in the LA Fitness lease. John Kalamaras of RealSource Partners and Pat Gilhooly of Clover Co. represented LA Fitness.
SALE
2 Doppler, Irvine
Price: $3.4 million
Building: industrial
Square feet: 18,403
Price per square foot: $184
Buyer: Rheon U.S.A
Seller: W.W. Grainger Inc.
Brokers: Wayne Lambert, Colliers International, Stephen Salomon, Jeff Carr, CB Richard Ellis Group Inc.
SALE
2911 Tech Center, Santa Ana
Price: $1.5 million
Building: office
Square feet: 8,398
Price per square foot: $175
Buyer: undisclosed
Seller: undisclosed
Brokers: John Manion of NAI Capital
LEASE
211 W. Katella Ave., Orange
Space: 3,456 square feet
Building: retail
Terms: five years; value undisclosed
Tenant: The Box Zone
Landlord: 7 Cee’s Ventures LLC
Brokers: Jeff Stephens, Allen C. Buchanan of Lee & Associates Commercial Real
Estate Services Inc.
SALE
200 E. First American Way, Santa Ana
Price: $6.1 million
Space: land
Acres: 3.8
Price per acre: $1.6 million
Buyer: VDC at the Met LLC
Seller: California Geneva Commons
Brokers: Timothy Winslow, Jason Kimmel, Kevin Nolen, Cassidy Turley, BRE Commercial; Scott Tiano, Wilson Commercial Real Estate Inc.
SALE
6001 Orange Ave., Cypress
Price: $730,000
Space: land
Square feet: 22,000
Price per square feet: $33
Buyer: Undisclosed
Seller: Undisclosed
Brokers: Thomas Tway of NAI Capital
SALE
23196 La Cadena, Laguna Hills
Price: $425,000
Building: office
Square feet: 2,201
Price per square foot: $193
Buyer: Towneley Capital Management Inc.
Seller: undisclosed
Brokers: John Manion of NAI Capital
