BIG SALES
Park Place Fetches $198M in Top Office Sale; Galleria Buys Anaheim Space for $20.4M
OFFICE SALES
Largest OC office sales in the third quarter:
PARK PLACE
3333-3355 Michelson Drive
Irvine
$198 million
Buyer: Bre/Park Place LLC
Buyer representative: In-house brokerage
Seller: Jamboree LLC
Seller representative: Insignia/ESG
SYCAMORE COMMONS
CORPORATE CENTER
26311-26351 Junipero Serra Road
San Juan Capistrano
$21.7 million
Buyer: Pueblo Serra LLC
Buyer representative: Suncoast Properties
Seller: TMC San Juan LLC
Seller representative: In-house brokerage
BUENA PARK
COMMERCE PLAZA
6301 Beach Blvd.
Buena Park
$17.9 million
Buyer: BPCP LP
Buyer representative: Grubb & Ellis Co.
Seller: Buena Park Associates LLC
Seller representative: Grubb & Ellis
ARMSTRONG
CORPORATE CENTER
17101 Armstrong Ave.
Irvine
$6.6 million
Buyer: M/M James A. & Joanne M. Jones Trust
Buyer representative: In-house brokerage
Seller: Muller-Rock 1 LLC
Seller representative: Lee & Associates Commercial Real Estate Services Inc.
CENTERPOINTE IRVINE
19762 Macarthur Blvd.
Irvine
$5.7 million
Buyer: CIP Centerpointe LLC
Buyer representative: Lee & Associates
Seller: The Integrity Fund LP (et al.)
Seller representative: CB Richard Ellis Services Inc.
3737 BIRCH ST.
Newport Beach
$5 million
Buyer: Law Building Investment Property LLC
Buyer representative: Julien J. Studley Inc.
Seller: Sushil K. Garg
Seller representative: CB Richard Ellis
THEME BUILDING
540 N. Golden Circle Drive
Santa Ana
$4.4 million
Buyer: Bartoli Corp.
Buyer representative: Austin Chiles
Seller: North Parkcenter LLC
Seller representative: Voit Commercial Brokerage
AIRPORT BUSINESS CENTER
345 E. Baker St.
Costa Mesa
$4 million
Buyer: Medical Eye Services Inc.
Buyer representative: Charles Dunn Co.
Seller: Airway Associates LLC
Seller representative: Grubb & Ellis
14 ORCHARD ROAD
Lake Forest
$3.6 million
Buyer: 14 Orchard Partners LLC
Buyer representative: Sperry Van Ness
Seller: Bake Orchard Partners LLC
Seller representative: Voit Commercial Brokerage
7622-7630 E. CHAPMAN AVE.
Orange
$3.5 million
Buyer: Louis Gerald & Judith Miller Trust
Buyer representative: Marcus & Millichap Real Estate Investment Brokerage Co.
Seller: Michael S. & Irene H. Shin Trust
Seller representative: Marcus & Millichap
INDUSTRIAL SALES
Largest OC industrial sales in the third quarter:
4633 E. LA PALMA AVE.
Anaheim
$20.4 million
Buyer: Galleria Inc.
Buyer representative: Lee & Associates Commercial Real Estate Services Inc.
Seller: DeRegt Development Inc.
Seller representative: Lee & Associates
16700 ASTON
Irvine
$19.5 million
Buyer: BCSD Properties LP
Buyer representative: Voit Commercial Brokerage
Seller: IRP Muller Associates LLC
Seller representative: CB Richard Ellis Services Inc.
200 N. BERRY ST.
Brea
$18.6 million
Buyer: AMB Institutional Alliance Fund II LP
Buyer representative: CB Richard Ellis
Seller: Berry Street Partners LP
Seller representative: Grubb & Ellis Co.
ANAHEIM HILLS CORPORATE PARK
1260 N. Hancock St.
Anaheim
$11.3 million
Buyer: Anaheim Hills Corporate Park LLC
Buyer representative: Voit Commercial Brokerage
Seller: Foremost Airport Vegas Ltd.
Seller representative: Voit Commercial Brokerage
PARK LA HABRA
700-760 E. Lambert Road
La Habra
$7.7 million
Buyer: Bayport Park La Habra LP
Buyer representative: Marcus & Millichap Real Estate Investment Brokerage Co.
Seller: Park La Habra LLC
Seller representative: Marcus & Millichap
800 S. RAYMOND AVE.
Fullerton
$7.5 million
Buyer: CT Storage LLC
Buyer representative: Collins Commercial Corp.
Seller: Raymond Management Co.
Seller representative: Daum Commercial Real Estate Services
3001 S. YALE ST.
Santa Ana
$5.8 million
Buyer: Behr Process Corp.
Buyer representative: Colliers Seeley International Inc.
Seller: Equitable Life Assurance Society of the United States
Seller representative: Grubb & Ellis
1331 S. STATE COLLEGE BLVD.,BUILDING 2
Fullerton
$5.7 million
Buyer: KDK Property Management LLC
Buyer representative: CB Richard Ellis
Seller: DSA State College Business Park LLC
Seller representative: Colliers Seeley
DIMENSION BUSINESS PARK
26212-26242 Dimension Drive
Lake Forest
$5.4 million
Buyer: Lollipop Land Co.
Buyer representative: Voit Commercial
Seller: Wohl/Mountain LLC
Seller representative: Voit Commercial
17200 JAMBOREE ROAD
Irvine
$5.3 million
Buyer: Immanuel Mission Foundation
Buyer representative: CB Richard Ellis
Seller: First Alliance Mortgage Co.
Seller representative: Sperry Van Ness
