SALES
Pan Pacific Retail Properties Inc. bought the 105,085-square-foot Sycamore Plaza in Anaheim for $7.4 million. Pan Pacific represented itself. Heittman Capital Management LLC represented the seller, Kern County Employees Retirement Association.
American Precast Masonry bought a 30,750-square-foot building at 620 W. Warner Ave. in Santa Ana for $1.9 million. Nathan Howard Group represented Precast Masonry. CB Richard Ellis represented the seller, Bal Seal Engineering Co.
Balata Investments bought a 23-unit apartment complex at 2045 Wallace Ave. in Costa Mesa for $2 million. Morgan Skenderian Investment Real Estate Group represented both Balata and the seller, The Ziccardi Trust.
Kaiser Pharmaceutical Co. LLC bought a 7,632-square-foot industrial building at 16 Goddard in Irvine for $1.045 million. NAI Capital Commercial represented Kaiser. The seller, Shaw Industrial Property Services, was represented by the Seeley Co.
Western Exterminator Co. bought a 24,000-square-foot industrial building at 305 N. Crescent Way in Anaheim for $1.675 million. Grubb & Ellis represented the buyer. NAI Capital Commercial represented the seller, Crescent Way Associates.
Ronald P. Beard bought a 31,000-square-foot building at 1224 S. Magnolia Ave in Anaheim for $1.465 million. NAI Capital Commercial represented both Beard and the seller, Sanwa Bank California.
Max Singer LP bought a 16,750-square-foot building at 1711 Langley Ave. in Irvine for $1.424 million. DAUM Commercial Real Estate Group represented both Singer and the seller, Prime Mover.
Turner Development Corp., Newport Beach, acquired the 38,655-square-foot Monroe Industrial Park on Monroe Way in Placentia. Purchase price for the park, which is fully occupied, was $1.95 million. Steve Frey of Frey Investments represented Turner Development; Johnny Eubanks of Lee & Associates represented the seller, CT Realty.
William Griffith Family Trust purchased a 30,000-square-foot office building at 438 Katella Ave. in Anaheim for $2.65 million. William Griffith Family Trust represented itself; Daum Commercial Real Estate represented the seller, Irwin B. Newhouse.
A private investor, John Hanna, acquired a 41,418-square-foot office building at 2540 Red Hill Ave. in Santa Ana for approximately $7 million. Carpenter & Associates represented both John Hanna and the seller, The Hamilton Co.
American Career College bought a 21,069-square-foot office building at 1200 N. Magnolia Ave in Anaheim from Albert Family Trust for $2.67 million. Daum Commercial Real Estate Services represented American Career College. Grubb & Ellis represented Albert Family Trust.
Renkus-Heinz purchased a new building at 16201 Cook St. in the Wright Street Business Center at Foothill Ranch for $4.03 million. CB Richard Ellis represented Renkus-Heinz. Cushman & Wakefield represented the seller, Foothill-Burke Wright Circle LLC.
George Hill bought a 31,680-square-foot industrial building at 1000 S. Grand Ave. in Santa Ana from Pacific Industrial Supply for $1.6 million. CB Richard Ellis represented George Hill and John Suggs of Grubb & Ellis represented the seller.
Michael Hartel of Colliers Seeley represented Shaw Spectrum LLC in 10 building sales and two leases within the Irvine Business Park at 2-19 Goddard in Irvine for a combined sales total of more than $8.5 million. The newly constructed flex buildings range in size from 3,855 square feet to 8,532 square feet. Among the tenants that bought or leased the buildings were KPC Computers, represented by David Knowlton of Capital Commercial; and Millennium Technologies Inc., represented by Dennis Highland of Lee & Associates.
LEASES
Information Technology Resources Inc. leased a 20,500-square-foot facility at 6722 E. Orangethorpe Ave. in Buena Park. The lease is valued at $1.8 million. Collins Commercial represented ITR. Lee & Associates represented the landlord, Yamaha Corp. of America.
Special Systems Delivery Inc. leased a 21,600-square-foot facility at 1211 McGaw Ave. in Irvine. The three-year lease is valued at $0.5 million. Colliers Seeley represented Special Systems. Grubb & Ellis represented the landlord, McGraw Property Management Inc.
NetStream Corp. leased a 13,146-square-foot facility at 15501 Red Hill Ave in Tustin. The 10-year lease is valued at $3.14 million. Cornish & Carey represented NetStream. CB Richard Ellis represented the landlord, John Saunders.
BlueKite.com leased a 22,868-square-foot facility at 18200 Von Karman Ave. in Irvine. The five-year deal is worth $4 million. Julien J. Studley represented BlueKite.com. CB Richard Ellis represented the landlord, Cigna Real Estate Investments.
Health Net leased a 10,319-square-foot facility at 3187 Red Hill Ave. in Costa Mesa. The five-year lease is valued at $1.27 million. The Saywitz Co. represented the tenant. The landlord, Capital Pacific Holdings, represented itself.
Reynolds & Reynolds and Continental Lawyers Title renewed their leases at 18551 Von Karman Ave. in Irvine. Reynolds & Reynolds, represented by CRESA Partners, expanded into an additional 4,948 square feet for five years. Continental Lawyers Title, represented by Travers Realty Corp., renewed its 19,268-square-foot space for five years.
American Home Loans leased a 37,728-square-foot of Class-A office space at 6 Hutton Center Drive in Santa Ana. The 3.5-year lease is valued $0.973 million per year. The firm intends to occupy the whole 7th and 9th floors by November. Cushman & Wakefield Inc. represented American Home Loans. Julien J. Studley Inc. represented the landlord, Spieker Properties Inc.
Allied Refrigeration leased a 20,400-square-foot industrial space for 10 years at 1211 E. Edinger Ave in Tustin. Industrial Properties represented Allied Refrigeration. Trico Realty represented the landlord.
TSA, a hair-care products distributor, leased a 21,657-squre-foot industrial space at 25541 Arctic Ocean in Lake Forest for five years. The building is part of the Pacific Commercentre. Voit Commercial represented TSA. Makena Properties, the landlord, represented itself.
