Compiled by Purnima Mudnal
Bayport Jamboree Associates LLC paid $15.5 million to CT Realty Corp. for a 41,000-square-foot sports club building at 2880 Michelle Drive in Irvine. LA Fitness has a long-term lease for the space. Pat Kent and Shaun Riley of Faris Lee Investments represented both parties.
Burke Real Estate Group paid $8.7 million to Arden Realty Inc. for a 50,127-square-foot office building at 5832 Bolsa Ave. in Huntington Beach. The two-story building is empty. Bob Goodmanson of CB Richard Ellis Group Inc. represented the buyer. Mike Meisenbach and Matt Moore of Lee & Associates Real Estate Services Inc. represented the seller.
Wilson Vista Properties paid $3.9 million to 20 Morgan Investment LLC for an 18,840-square-foot research and development building at 20 Morgan in the Irvine Spectrum. Jeff Montgomery represented the buyer. Tony Gleason of Voit Commercial Brokerage LP represented the seller.
Accelerated Imaging Inc. paid $1.7 million to Hedley Irvine LLC for a 9,215-square-foot industrial building at 5 Holland in Irvine. Dee Sampson of Lee & Associates represented the buyer. John Rothwell of GVA Daum represented the seller.
Computer memory and storage products maker US Modular LLC paid $1.7 million to A.H. Partnership for a 9,612-square-foot industrial building at 34 Mauchly St. in the Irvine Spectrum. Dale Camera, Mike Baker and Guy LaFerrara of Lee & Associates represented the buyer. Dave Kluver of Grubb & Ellis Co. represented the seller.
Jerry Ivy Trust paid $1.6 million to Daniel Pszyk for a 9,168-square-foot building at 530 Goetz Ave. in Santa Ana. Chuck Hardy of Lee & Associates represented the buyer. Chip Dever and Lee McCullough of Colliers Seeley International Inc. represented the seller.
Foothill Ranch-based Asterisk, a maker of knee braces, paid $1.5 million to Bob Robertson for a 9,000-square-foot industrial building at 26814 Vista Terrace in Lake Forest. Kevin Turner of Colliers Seeley represented the buyer. Mark Jerue and Craig Fitterer of Lee & Associates represented the seller.
Hawk Real Estate Investments LLC paid $1.4 million to Huntington Pacific Bancorp for a 21,780-square-foot parcel zoned for retail at 17222 Beach Blvd. in Huntington Beach. Steve Lane of Voit Commercial Brokerage represented the buyer. Huntington Pacific Bancorp represented itself.
Central Lighting Co. leased 13,874 square feet of office space at 1751 Langley Ave. in Irvine. The three-year deal is valued at $417,000. Kurt Bruggeman of Lee & Associates represented the tenant. Chip Dever and Lee McCullough of Colliers Seeley represented landlord Berney Properties Inc.
United Media Services Inc. leased 8,400 square feet of industrial space at 4771 E. Hunter Ave. in Anaheim. The value of the five-year deal wasn’t disclosed. Paul Fisher of NAI Capital Commercial Real Estate Services represented the tenant. Austin Bleier of Voit Commercial Brokerage represented landlord William Rendy Edwards.
Printer and scanner support company C. Hoelzle Associates Inc. leased 8,358 square feet of office space at 40 Tesla in the Irvine Spectrum. The three-year deal is valued at $256,000. Dave Desper of CB Richard Ellis represented the tenant. Dick Silva and Charlie Leeson of Lee & Associates represented landlord Phil Quaranta.
Restaurant chain Cedar Creek Inn Corp. leased 6,500 square feet of space in Plaza de la Paz at the intersection of La Paz Road and Pacific Park Drive in Laguna Niguel. Terms of the 10-year deal weren’t disclosed. John Moss of REP Commercial Inc. represented the tenant. Landlord Horowitz Management Inc. represented itself.
Restaurant Sake Sushi leased 3,048 square feet of retail space in Plaza Del Lago at 27782 Vista Del Lago in Mission Viejo. The 10-year lease is valued at $1.2 million. Tom Gioia of Lee & Associates represented the tenant. Teale Hotchkiss of Grubb & Ellis represented landlord Birtcher Anderson Properties Inc.
Teamwork Homes & Loans leased 2,900 square feet of office space at 502 N. Tustin St. in Orange. Terry Parker and Thomas Tway of REP Commercial represented the tenant and landlord Sherby Trust of Ladera Ranch.
The law offices of David H. Solo leased 2,153 square feet of space at 7700 Irvine Center Drive in Irvine. Terms of the deal weren’t disclosed. Saywitz Co. represented the tenant. Orion Property Partners Inc. represented landlord Seventy Seven LLC.
