SALES
JML Enterprises bought an 82,000-square-foot industrial building at 18460 Gothard St. in Huntington Beach from Larry H. Strasbaugh for $5.2 million. Bill Thomas of Commercial Properties represented JML Enterprises. Jeff Demorest of Daum represented Strasbaugh.
F & F; Placentia Associates LLC acquired the 103,789-square-foot Placentia Corporate Center at 701-781 Kimberly Ave. and 600-660 S. Placentia Ave. in Placentia from IRP Muller Associates LLC for $11.1 million. Kevin Sannon of Grubb & Ellis and Jon Swallow and Dave Giglio of the firm’s Anaheim office represented both parties.
Kung Investments LLC purchased a 35,420-square-foot research and development building at 1202 E. Wakeham Ave. in Santa Ana from W.E. Leonard and Barbara Leonard trust for $2.5 million. Gregory Ozimec of Voit Commercial Brokerage’s Irvine office represented Kung. Chris Chinnici of Collins Commercial’s Irvine office represented the Leonard trust.
An affiliate of Hager Pacific Properties acquired a 130,000-square-foot manufacturing facility at 611 E. Cerritos Ave. in Anaheim from Pacific Gulf Properties Inc. for $6.4 million. Gary Stache and Tom Dorman of CB Richard Ellis represented both parties.
BKSG LLC bought a 39,640-square-foot industrial building in Wright Circle Business Park at 25932 Wright Circle in Foothill Ranch from Foothill-Burke LLC for $3.3 million. Guy LaFerrara and Mike Baker and Bryan Ohira of Lee & Associates’ Irvine Spectrum office represented BKSG. Gregg Haly of CB Richard Ellis’ Newport Beach office represented Foothill-Burke.
Belcore & Associates Inc. purchased a 21,479-square-foot office building at 17601 E. 17th St. in Tustin from Horowitz Group for $1.8 million. Jason Afshar of Sperry Van Ness represented Belcore & Associates. Chris Latta of Lee & Associates represented Horowitz Group.
Anna LLC acquired the 22-unit Wakefield Apartments at 108-116 E. Wakefield Ave. in Anaheim from Kurt Kawohl for $1.4 million. Jay Skenderian and Rick Applebaum of Morgan Skenderian Investment Real Estate Group represented both parties.
Chatswood Investors LLC and Chatswood Associates LLC acquired the 230,000-square-foot Chatsworth Business Park in Los Angeles from CT Realty Corp. in Newport Beach for $32 million. David Margulies of Los Angeles represented Chatswood Investors. H. Carl Muhlstein, G. Ryan Smith, Ted Simpson and Fred Cordova of Cushman Realty Corp. represented CT Realty.
Standard Pacific Homes, Costa Mesa, bought 322 lots in Chino Hills from Santa Ana-based Richland Communities for $20 million.
LEASES
CWIC leased a 50,000-square-foot facility from Birtcher Niguel at Birtcher Business Center at 27671 La Paz Road in Laguna Niguel. Bill Thomas of Commercial Properties represented CWIC. CB Richard Ellis represented Birtcher Niguel.
Maria Medical Billing leased a 26,082-square-foot office space at 18000 Studebaker Road in Cerritos from Krausz Enterprises. The seven-year lease was valued at $3.2 million. Dave Coe of Grubb & Ellis and David Giglio, Greg Farrier and Lori Smith of the firm’s Anaheim office represented Maria Medical. Krausz represented itself.
Pepper Construction extended its lease to 18,000 square feet at 17841 Mitchell Ave. in Irvine from Berkley LLC. The five-year lease was valued at nearly $1 million. Chip Wright and Jason Shepard of CB Richard Ellis’ Newport Beach represented Pepper. Steve Shloemer of Colliers Seeley represented Berkley.
Loehmann’s Real Estate Holdings Inc. leased a 26,183-square-foot retail space in Laguna Niguel from Rancho Niguel Plaza II LLC. John Beaney of Katz & Associates represented Loehmann’s. Bill Browne and Mark Baziak of Grubb & Ellis’ Newport Beach represented Rancho Niguel Plaza II.
Toyo Tire Corp. leased a 23,622-square-foot office space at 6261 Katella Ave. in Cypress from Warland Investments Co. for $3.8 million. Brian DeRevere, Bob Goodmanson and Brad Bierbaum of CB Richard Ellis brokered the lease.
PIMCO Advisors LP leased 23,628 square feet in Newport Center at 888 San Clemente Drive in Newport Beach from The Irvine Company. Rick Kaplan represented PIMCO. The Irvine Co. represented itself.
L3 Communications Holdings Inc. leased 60,690 square feet in Rancho Dominguez from Watson Land Co. for $2.6 million. Forrest Wylder of CB Richard Ellis’ Anaheim office and Tres Reid of the firm’s South Bay office represented L3.
Autometric Inc. renewed its lease for 6,690 square feet at Centerpointe La Palma at One Centerpointe Drive in La Palma from Arden Realty Inc. The three-year lease was valued at $400,000. Mike Latham of Arden Realty represented both parties.
Softect Solutions Inc. leased 18,177 square feet at 222 S. Harbor Blvd. in Anaheim from Arden Realty. The five-year lease was valued at $1.7 million. Chan Kantikovit and David Giglio of Grubb & Ellis represented Softect. Arden represented itself.
