Anerky Inc./Owens Development LLC paid $6 million to Peartree Land Management LLC for a 22,071-square-foot office building at 155 N. Riverside Drive in Anaheim. The building sold for $272 per square foot. Sean Ahern of Lee & Associates Commercial Real Estate Services Inc. represented the buyer. Lonnie Riddle of Commercial Realty Advisors Inc. and Karl Heim of Grubb & Ellis Co. represented the seller.
Ly Brothers LLC paid $5.7 million to 14272 Commerce LLC for a 39,126-square-foot industrial building at 14272 Commerce Drive in Garden Grove. The building sold for $146 per square foot. Darin McDonald and Ted Sawyer of Lee & Associates represented the buyer. Mike Bouma and Mike Di Peppino of Voit Commercial Brokerage LP represented the seller.
American Commercial Equities Three LLC paid $2.2 million to LA Gym Equipment Inc. for a 2,700-square-foot retail building. The building sold for $826 per square foot with a capitalization rate of 5.3%. Jeffrey Simonds of Voit Commercial Brokerage represented the buyer. Ken Gould of Lee & Associates in Newport Beach represented the seller.
Law firm Freeman, Freeman & Smiley LLP leased 8,722 square feet of office space at Main Plaza at MacArthur Boulevard and Main Street in Irvine. Terms weren’t disclosed. Shane Wilder of Studley Inc. represented the tenant. Tim Marchal and John Bendetti of landlord Equity Office Properties Trust represented their company.
Law firm Neal, Haushalter, & Ray LLP leased 8,802 square feet of office space at Griffin Towers in Santa Ana. Terms weren’t disclosed. Brett Merz at Cresa Partners LLC represented the tenant. Tim Marchal and John Bendetti of landlord Equity Office represented their company.
