SALE
New York-based private equity firm Blackstone Group LP recently sold the Newport Plaza office building in Newport Beach to Goldman Sachs Asset Management LP.
The 107,472-square-foot building is at 895 Dove St.
The five-story property was 98% leased at the time of sale, according to data services provider CoStar Group Inc.
Brokers involved in the deal included HFF LP’s Ryan Gallagher, Richard Plummer, Michael McCann and Tim Geiman, a team that represented the seller. The broker for the buyer was undisclosed.
SALE
677 N. Hariton St., Orange
Price: $1.6 million
Building: industrial
Square feet: 10,820
Price per square foot: $145.56
Buyer: MRG Odyssey LLC
Seller: undisclosed
Broker(s): Matt Christenson, Steve Wagner of Jones Lang LaSalle; Greg Diab of Lee & Associates Commercial Real Estate Services
SALE
25991 Crown Valley, Laguna Niguel
Price: $3.6 million
Building: retail
Square feet: 4,840
Price per square foot: $743.80
Buyer: Edward Oson
Seller: Chino Hills Oil Inc.
Broker(s): undisclosed
SALE
7979 Center Ave., Huntington Beach
Price: $4.8 million
Building: retail restaurant
Square feet: 9,998
Price per square foot: $480.10
Buyer: 7979 Center LLC
Seller: GEM Realty Capital Inc.
Broker(s): Vahan Saroians of Coldwell Banker Commercial; John Read, Phil Voorhees, Megan Read of CBRE Group Inc.
SALE
806-814 S. Cypress Ave., Santa Ana
Price: $2.6 million
Building: apartments
Units: 22
Price per unit: $115,909
Buyer: Boris Ackerman
Seller: Thomas Luby
Broker(s): Tyler Leeson of Marcus & Millichap Real Estate Investment Services; Jay Skenderian, Rick Applebaum of Morgan-Skenderian Investment Real Estate Group
SALE
4200 Campus Drive, Newport Beach
Price: $6.7 million
Building: retail storefront
Square feet: 11,060
Price per square foot: $601.27
Buyer: D.E.K.K. Associates
Seller: West Coast Highway
Broker(s): David Kenworthy of CCIM Institute; Robert David of NAI Capital
SALE
15541-15551 Chemical Land,
Huntington Beach
Price: $1.5 million
Building: industrial
Square feet: 9,400
Price per square foot: $155
Buyer: Alastair Oldfield
Seller: Cardinal Development
Broker(s): Ted Sawyer of Lee & Associates; Mike Bouma of Voit Real Estate Services Inc.
