SALES
T & N; Tustin Investments Inc. bought a 20,381-square-foot auto retail center at 2005-2025 Tustin Ave. in Santa Ana from Frye Family Partnership for $3.3 million. David Shiokori of D & D; Capital represented T & N.; Pat Kent and Nick Coo of Faris Lee Investments represented the partnership.
Jeff Grand Partners purchased two multi-tenant industrial buildings, totaling 30,768 square feet at 7451 and 7452 Lorge Circle in Huntington Beach from Lorge Circle Ltd. for $2 million. David Cox and Tad Garabedian of Ashwill Associates represented Jeff Grand Partners. Steve Schloemer of Colliers Seeley represented Lorge Circle Ltd.
Vernon Lagenwalter purchased a 9,908-square-foot industrial and service building at 2411 E. Winston Road from Seville Capital Investments LLC for $0.9 million. Mitch Zehner of Voit Commercial Brokerage represented Lagenwalter. Randy Coe of Colliers Seeley represented Seville Capital.
American Property Management acquired the 59-room Harbour Lights Resort in San Diego from Sunterra Corp. for $8.7 million. Insignia/ESG Hotel Partners’ Newport Beach office represented Sunterra.
CT Realty sold a 75,005-square-foot office park on West Chapman Avenue in Orange for $7.7 million. Mark Larson and Gary Stache of CB Richard Ellis’ private client investment group represented both parties.
LEASES
Orion Scientific Systems leased 10,050 square feet at 20401 Birch St. in Newport Beach from Birch Bayview Plaza LLC. The five-year contract was valued at $1.3 million. Randoloph T. Mason of Lee & Associates represented Orion. Gil Marrero of Voit Commercial Brokerage represented Birch Bayview Plaza.
The U.S. General Services Administration renewed its lease of a 17,795-square-foot office space in Centrum North at 1120 W. La Veta in Orange from CRC Real Estate Corp. for $5.4 million. Sonya Dopp-Grech of Lee & Associates-Orange Inc. represented both parties.
Pacifica Capital leased 6,179 square feet at 8105 Irvine Center Drive in Irvine from The Irvine Company. John Virtue of Virtue Real Estate Services represented Pacifica Capital; Craig Brashier represented The Irvine Company.
