Sales and leases of offices, industrial
SALE
Western National Realty Advisors has acquired a 193-unit apartment complex for $31 million. The change of ownership brings a change to the complex’s name, from La Ramada to Madera Apartments. The Anaheim apartments are at 2960-2965 E. Jackson Ave. The complex was sold by TGM La Ramada Inc. for about $160,621 per unit. TGM was represented by brokers Sean Deasy and Ryan Fitzpatrick of HFF; no broker represented Western National Realty Advisors, which is part of the Irvine-based Western National Group.
SALE
1091 N. Tustin Ave., Anaheim
Price: $2.8 million
Building: fast-food restaurant
Square feet: 3,516
Price per square foot: $796
Buyer: Spiropoulos 1991 Family Trust
Seller: Smallwood Family Trust
Brokers: Jack Hopkins, James Slusher of Marcus & Millichap; Jason Tuvia, Matthew Friedman of Marcus & Millichap
SALE
1028 E. South St., Anaheim
Price: $1.4 million
Building: industrial
Square feet: 17,000
Price per square foot: $82
Buyer: Degas Properties West LP
Seller: private party
Brokers: Tom Mulrooney of Ashwill Associates
SALE
3130 Garnet Lane, Fullerton
Price: $615,000
Building: apartments
Square feet: 3,200
Estimated price per square foot: $189
Buyer: Seng Real Estate Trust
Seller: Melilo Family Equities, et al.
Brokers: Jon Mitchell, David Yeh of Marcus & Millichap
SALE
1077 W. 17th St., Santa Ana
Price: $845,000
Building: office
Square feet: 3,600
Estimated price per square foot: $235
Buyer: Jonathon M. Silva
Seller: Trevorrow Family Partnership
Brokers: John Bergan of Bergan-Russell & Associates; Douglas Garrett of Lee & Associates
LEASEa
24801 Alicia Parkway, Laguna Hills
Square feet: 3,195
Building: retail
Terms: four years; $320,729
Tenant: Radstone Flooring & Kitchen Bath Cabinetry
Landlord: Laguna Hills LLC
Brokers: Terry Bortnick of Argent Retail Advisors; Frank Dinari of KW Commercial
LEASE
17819 Gillette Ave., Irvine
Square feet: 26,903
Building: industrial
Terms: three years; more than $500,000
Tenant: Pacific Handy Cutter
Landlord: Olen Commercial Properties
Brokers: Zach Zanolli of CB Richard Ellis
