REAL ESTATE DEALS
Sunday, May 22, 2011
Share this article:
Sales and leases of offices, industrial buildings, retail space and apartments
LEASE
Caliber Sealing Solutions Inc., a maker and supplier of gaskets, O-rings and custom molded seals for aerospace, autos and other uses, leased a 19,200-square-foot industrial building at 1648 N. O’donnell Way in Orange. The lease is for three years. Financial details weren’t disclosed. The company is moving from its current headquarters in Santa Ana, where it has about 20,000 square feet of space. Caliber Sealing’s new building is near Honda Center and Angel Stadium of Anaheim and has about 3,750 square feet of office space. Jeff Gahagan of Lee & Associates Commercial Real Estate Services Inc. represented the company in the lease. Landlord Jonatkim Enterprises was represented by Steve Sprenger of Grubb & Ellis Co.
SALE
175 to 211 S. Rio Vista St., Anaheim
Price: $43 million
Building: apartments
Units: 286
Price per unit: $150,350
Buyer: Patrick Cadigan
Seller: Kennedy Wilson
Brokers: Robin Ossenbeck, Shane Shafer, Hendricks & Partners
SALE
14262 Franklin Ave., Tustin
Price: $3.8 million
Building: flex
Square feet: 24,814
Price per square foot: $154
Buyer: TWR Properties LLC
Seller: H&H Properties LLC
Brokers: Dennis De Meis, Southwest Commercial; Brian Garbutt, Phil Cohen of Lee & Associates
SALE
1611 E. 17th St., Santa Ana
Price: $2.1 million
Building: office
Square feet: 9,677
Price per square foot: $217
Buyer: Cordoba Corp
Seller: 1611 E 17th Street Holdings LLC
Brokers: Phil Fridd, Allen Buchanan of Lee & Associates; Steve Lee of Cushman & Wakefield Inc.
SALE
2211 E. Orangewood Ave., Anaheim
Price: $8.5 million
Space: land
Acres: 3.9
Price per acre: $2.2 million
Buyer: Orangewood Project Owner LLC
Seller: Cathay General Bancorp
Brokers: Randy Coe, Mike Hunter, Land Advisors Organization
LEASE
915 W. Imperial Highway, Brea
Space: 6,202 square feet
Building: office
Terms: eight years; value undisclosed
Tenant: Sackett Group
Landlord: Evangelical Christian Credit Union
Brokers: Bob Sattler, Jon Fabiano, Lee & Associates; John Pomer, Ben Gott, Grubb & Ellis
LEASE
5400 Orange Ave., Cypress
Space: 1,253 square feet
Building: office
Terms: three years; value undisclosed
Tenant: Amber Martindale
Landlord: Cypress Center LLC
Brokers: Marshal Vogt, George Thomson of Lee & Associates; William Todd, S&P Commercial