SALE
Direct-response marketing agency BJ Global Direct Inc. recently sold an industrial building in Irvine for about $5.7 million to Three Crowns Properties LLC.
The 25,328-square-foot building is at 8645 Research Drive. It consists of 12,000 square feet of office and showroom space, one ground-level and three dock-high doors, according to data services provider CoStar Group Inc.
Brokers involved in the deal included Newmark Grubb Knight Frank’s David Kluver and Don Yahn of Cushman & Wakefield Inc.
Kluver represented the seller, while Yahn represented the buyer.
LEASE
231 N. Puente St., Brea
Space: 13,134 square feet
Building: industrial
Terms: 38 months; cost undisclosed
Tenant: RPM International Inc.
Landlord: Catanzaro Holdings LLC
Broker(s): David Williams of Lee & Associates Commercial Real Estate Services
SALE
1609 McFadden Ave., Santa Ana
Price: $1.12 million
Building: industrial
Square feet: 7,500
Price per square foot: $149.33
Buyer: Katrobliz Inc.
Seller: Omp Las Palmas LLC
Broker(s): Bucky Gillett of Gillett Commercial Real Estate Services; Greg Velastegui of Voit Real Estate Services Inc.
SALE
31 Musick, Irvine
Price: $1.2 million
Building: industrial
Square feet: 6,425
Price per square foot: $186.77
Buyer: Dr. Abraham Ghorbanian
Seller: Jeong Yun Kim
Broker(s): John Manion of
NAI Capital
LEASE
16560 Harbor Blvd., Ste. C and D,
Fountain Valley
Space: 2,880 square feet
Building: industrial
Terms: length undisclosed; $118,886
Tenant: Fit Body Boot Camp
Landlord: QB/SCC LLC
Broker(s): Steve Liu, Roger Niez of NAI Capital
SALE
1700-1722 Placentia Ave., Fullerton
Price: $4 million
Building: retail
Square feet: 9,046
Price per square foot: $436.66
Buyer: undisclosed
Seller: undisclosed
Broker(s): Edward Hanley, Jeremy McChesney, Eric Vu of Hanley Investment Group; Peter James, Robert Narchi of Marcus & Millichap Real Estate Investment Services
LEASE
7431 and 7441 Walnut Ave.,
Buena Park
Space: 4,172 square feet
Building: industrial
Terms: five years; cost undisclosed
Tenant: J. & H. Drilling Co.
Landlord: undisclosed
Broker(s): Tim Hickock of Penta Pacific Properties; Bryan Miller, Greg Diab, Jack Haley of Lee & Associates
