Compiled by Purnima Mudnal
Oceanside International Properties Ltd. paid $13.7 million to Foremost Business Parks LLC for a 96,066-square-foot office and industrial park at 2901 to 2961 W. MacArthur Blvd. in Santa Ana. Alan Pekarcik and Dan Vittone of Voit Commercial Brokerage LP represented both parties.
LP Properties Co. paid $9 million to Garden Grove Plaza LLC for the 63,000-square-foot Garden Grove Plaza office building at 12966 Euclid St. in Garden Grove. The building is 90% full. Alan Pekarcik, Dan Vittone and Rob Mitchell of Voit Commercial Brokerage represented the seller. John Hsu of STC Management represented the buyer.
A group of investors paid about $6.4 million to Michael Hartel and Joe Winkelmann for eight 4,511-square-foot buildings at the Cypress Business Center in Cypress. Kevin Turner, Michael Hartel and Joe Winkelmann of Colliers Seeley International Inc. represented both parties.
WD Partners paid $4.4 million to Hoffman Associates for a 29,162-square-foot building at 2852 Kelvin Ave. in Irvine. Tom Abel, C.J. Stos and Dave Desper of CB Richard Ellis Group Inc. represented both parties.
Jesus Baptist Church paid $4.3 million to Ken Catanzarite for a 32,987-square-foot office campus at 1530 to 1540 E. First St. in Santa Ana. The two-building office campus is 80% full. The church plans to use the space for administration. Matthew Sullivan, Hugh Horne and Patrick Barnes of Colliers Seeley represented the seller. David Kim of ERA Newstar Realty Investment represented the buyer.
An unnamed buyer paid $2.2 million to 3DQ Ltd. for a 10,000-square-foot industrial building at 16191 Construction Circle West in Irvine. Randy Verdieck and Tom Grant of Lee & Associates Commercial Real Estate Services Inc. represented both parties.
Freight Force Inc. paid $1.2 million to Schamel Trust for a 6,603-square-foot office building at 2560 W. Woodland Drive in Anaheim. John Burke of Marcus & Millichap Real Estate Investment Brokerage Co. represented the seller. John Bergan of Bergan-Russell & Associates represented the buyer.
Karapogosian Trust paid $850,000 to Schamel Trust for a 7,280-square-foot industrial building at 120 Industry Way in La Habra. John Burke of Marcus & Millichap represented both parties.
SBC Communications Inc. renewed its lease for 46,665 square feet of office space at 2121 Alton Parkway in Irvine. The five-year office lease is valued at $5.2 million. Michael McRoskey of CB Richard Ellis represented the tenant. Andy Batcheller of landlord Arden Realty Inc. represented his company.
Engineering company Psomas renewed its lease for 28,000 square feet of office space at 3187 Red Hill Ave. in Costa Mesa. The deal is valued at more than $2.6 million. Ralph Simmonds of Simmonds Realty Group Inc. represented the tenant. Landlord Saunders Co. represented itself.
Law firm Koeller, Nebeker, Carlson & Haluck LLP leased more than 20,000 square feet of space at 3 Park Plaza in Irvine. The lease is valued at $2.7 million. Ralph Simmonds of Simmonds Realty represented the tenant. Rick Wandrocke of landlord The Irvine Company represented his company.
Bank of the West renewed its lease for 15,000 square feet of office space at 4400 MacArthur Blvd. in Newport Beach. The 10-year lease is valued at $4.3 million. Ralph Simmonds of Simmonds Realty represented the tenant. Jeff Morgan and Dean Chandler of CB Richard Ellis represented landlord 4400 MacArthur Inc.
Accurate Background Inc. leased 13,315 square feet of space at 6 Orchard Road in Lake Forest. The five-year lease is valued at $1.1 million. Jason Hanck from ZCA Inc. represented the tenant. John Griffin and Trent Walker of Voit Commercial Brokerage represented landlord Pine Mountain Development LLC.
California First National Bancorp leased an extra 4,647 square feet of office space at 18301 Von Karman Ave. in Irvine. The deal is valued at $1.2 million. Ralph Simmonds of Simmonds Realty represented the tenant and John Weiner of CB Richard Ellis represented landlord Equity Office Properties Trust.
LSA Associates Inc. leased an extra 2,911 square feet of space at 20 Executive Park in Irvine. The eight-year lease is valued at $495,000. Ralph Simmonds of Simmonds Realty represented the tenant and Rick Wandrocke of landlord Irvine Co. represented his company.
