SALES
Padick Partners bought a 15,000-square-foot building at 2300 W. Valley Blvd. in Alhambra from GRAE SS One LLC for $2.3 million. Faris Lee Investments’ Irvine office represented Padick Partners. Theresa Dunn of Charles Dunn Co.’s Irvine office represented GRAE SS One LLC.
Garden Grove Property Associates LLC acquired a 56,336-square-foot apartment complex at 1100 E. Fairhaven Road in Santa Ana for $12.4 million from CT Realty. Garden Grove Property Associates LLC represented itself. Ray Eldridge and Joe Leon of the Newport Beach office of CB Richard Ellis represented CT Realty.
Hopkins Real Estate Group acquired the 110,000-square-foot Derian Corporate Center at 17461 Derian Ave in Irvine from Essex Property Trust.
Pro Forma Management purchased a 3,500-square-foot building in Escondido from Steward Trust for $1.3 million. Jeff Conover represented the seller; Shaun Riley represented the buyer. Both are with Faris Lee Investments’ Irvine office.
Castle Title bought a 40,000-square-foot land with a 7,000-square-foot building at 2861 Harbor Blvd in Costa Mesa from George C. Sullivan Trust for $ 0.9 million. George Prince of Prince Commercial Real Estate Services Inc. represented both parties.
Cornerstone Real Estate Advisers acquired the 288,718-square-foot The Atrium office building at 19100 and 19200 Von Karman Avenue in Irvine from Hyogo Atrium Inc. Robert Smith, Jerome Nourse and Steve Wiegmann of CB Richard Ellis represented both parties.
LEASES
Krystal Enterprises Inc. leased a 41,157-square-foot industrial building at 600 N. Kraemer Blvd. in Brea. The lease was valued at more than $1.4 million. Sonya Dopp-Grech of Lee & Associates represented Krystal. Michelle Cochran and Jane Galagher represented the landlord, Trico Rents.
Elan Holdings leased a 33,110-square-foot industrial building at 1075 Lambert Road, Unit C in Brea. The lease was valued at $1.9 million. Ben Seybold of CB Richard Ellis in Anaheim represented Elan Holdings. Lee & Associates represented the landlord, Kilroy Realty Corp.
Vpangea subleased a 7,736-square-foot property at 2603 Main St. in Irvine from Cerner Corp. The 15-month lease was valued at $0.2 million. Dave Howard of GVA Beitler Tenant Advisory Group represented Vpangea. Kathy Morgan of Colliers Seeley represented Cerner.
ATL Products Inc. leased 180,692 square feet at 141 and 151 Innovation Drive in Irvine. Grubb & Ellis represented ATL. The landlord, The Irvine Co., represented itself.
OTHER
Professional Community Management Inc., Lake Forest, was awarded a management contract by the 140-condo Seaspray Homeowners Association in Huntington Beach.
