REAL ESTATE DEALS
Sunday, June 5, 2011
Sales and leases of offices, industrial buildings, retail space and apartments
LEASE
Printing company Profession Repro-graphics leased 57,890 square feet of industrial space at 17731 Cowan Ave. in Irvine. The building now serves as the company’s headquarters. Profession Reprographics moved from nearby in Irvine. The company does blueprints, reports, brochures, manuals and other documents. Profession Reprographics also does 3D and other software work. Details of the lease weren’t disclosed. Profession Reprographics, which started in 2006, does printing work for builders and designers. The company also has offices in San Diego and Sacramento. Jedd Zaun, Bill Garrett and Dean Ahern of Lee & Associates Commercial Real Estate Services represented the tenant and landlord Casey L. Wilson.
SALE
3185 Airway Ave., Costa Mesa
Price: $1.1 million
Building: industrial
Square feet: 6,400
Price per square foot: $172
Buyer: Uphawu LLC
Seller: Soil Castle GP
Brokers: Joe Miller, Voit Real Estate Services; Greg Marshall, Madison Street Partners
LEASE
1430 S. Village Way, Santa Ana
Space: 13,440 square feet
Building: flex
Terms: undisclosed
Tenant: Offiserve
Landlord: Northern McFadden Ltd.
Brokers: Marshal Vogt, George Thomson, Lee & Associates; Paula Halverson, Makena Properties
LEASE
18200 Von Karman Ave., Irvine
Space: 16,000 square feet
Building: office
Terms: $2.1 million, five years
Tenant: Nations Direct Mortgage
Landlord: Irvine Company
Brokers: Jeff Tabor, Dave Coe, Corporate Realty Advisors; Gary Gerson Irvine Co.
SALE
2 Wrigley, Irvine
Price: $3.1 million
Building: industrial
Square feet: 15,436
Price per square foot: $201
Buyer: Canaan Irvine Spectrum LLC
Seller: East Irvine Partners LLC
Brokers: Chuck Hardy, Mark Jerue, Craig Fitterreof, Lee & Associates; Ryan Campbell, Grubb & Ellis; Amy McNamara, Coldwell Banker
SALE
655 B St., Tustin
Price: $1.2 million
Building: religious
Square feet: 7,220
Price per square foot: $166
Buyer: Alive Again
Seller: Chinmaya Mission Los Angeles
Brokers: Richard Williams, Realty Benefit
SALE
2126 S. Lyon St., Santa Ana
Price: undisclosed
Building: industrial
Square feet: 6,605
Price per square foot: undisclosed
Buyer: undisclosed
Seller: undisclosed
Brokers: Greg Diab, Jack Haley, Lee & Associates