SALES
Foremost Business Park bought a 134,518-square-foot industrial business park at 4875 E. La Palma in Anaheim from Catellus Commercial Group for $10.1 million. Al Pekarcik of Voit Commercial Brokerage represented Foremost. Bob Griffith and Jeff Chiate of Cushman & Wakefield represented Catellus Commercial Group.
Yatsu Musen USA purchased 8 acres on Walker Street in Cypress from Layton Belling & Associates for $6 million. Junko Masubayashi of NAI Capital represented Yatsu Musen. Brian DeRevere, Bob Goodmanson and Brad Bierbaum of CB Richard Ellis represented LBA.
Pacific Shoe Corp. bought a 57,800-square-foot facility at 5951 Skylab Road in Huntington Beach from Master Development for $4.6 million. Kevin Turner of Seeley Co. represented Pacific Shoe. Brad Bierbaum, Brian DeRevere and Bob Goodmanson of CB Richard Ellis represented Master Development.
Precision Offset acquired a 24,824-square-foot industrial building at 17422 Murphy Ave. in Irvine from Viking Pumps of Southern California for $2.4 million. Scott Read of Grubb & Ellis’ Newport Beach office represented both parties.
Charlotte Lin bought a 23,828-square-foot industrial building in Ontario from First American Exchange Corp. for $1.4 million. Tom Gilmer of Lee & Associates-Orange Inc. represented Lin. Walt Arrington of CB Richard Ellis represented First American.
Bixby Land Co. purchased a 150,000-square-foot office property at 26110-26160 Enterprise Way in Lake Forest from Morgan Stanley and Gale & Wentworth for $26 million. Robert Griffith of Cushman & Wakefield’s Irvine office represented both parties. Steve Silk and Jay Borzi, formerly with Cushman & Wakefield, were on the disposition team.
Marble Express Inc. acquired 2.395 acres in the Anaheim Technology Center in Anaheim from AG/Touchstone-HP Anaheim LLC for $1.4 million. Michael Finley and Troy Williams of Grubb & Ellis’ Anaheim office represented Marble Express. AG/Touchstone-HP Anaheim represented itself.
Irvine-based Linkletter Enterprises bought 1.57 acres in Long Beach from Southdown Concrete Products Inc. for $0.7 million. Steve Sprenger and LR Sanders of Grubb & Ellis’ Anaheim office and John Hollingworth of Grubb & Ellis represented both parties.
USF Reddaway Truck Lines Inc. purchased a 32,500-square-foot industrial building at 300 S. State College Blvd. in Fullerton for $2.8 million. Steve Sprenger of Grubb & Ellis’ Anaheim office and Jim Kemmerer of Burr & Temkin represented USF Reddaway. Jack Faris of Voit Commercial Brokerage represented the seller.
Severson & Smith bought a 10.78-acre land parcel in Rancho Santa Margarita from Rancho Santa Margarita for $3.8 million. Tom Gilmer of Lee & Associates-Orange represented Severson & Smith. Tyler Mattox of CB Richard Ellis represented Rancho Santa Margarita.
PCF Investments purchased a 51,000-square-foot retail space in Torrance from North Point Center Inc. for $4.6 million. John Pentz of Pentz & Partners in Newport Beach represented PCF. John Moss of Lee & Associates Irvine Spectrum office represented North Point Center.
Wells Fargo acquired an 83,131-square-foot office building at 2525 N. Main St. in Santa Ana from J.P. Morgan Investment Inc. for $10.4 million. John Speiza represented Wells Fargo. Robert Griffith of Cushman & Wakefield represented J.P. Morgan Investment Inc.
Johnson Manufacturing bought a 12,094-square-foot building at 15201 Connector Lane in Huntington Beach from Robert McNeal for $1 million. Mike Bouma of Voit Commercial Brokerage’s Anaheim Metro office represented Johnson Manufacturing. Grubb & Ellis represented Robert McNeal.
F.J. Hanshaw bought the 10,685-square-foot Goldenwest Plaza at 13672 Goldenwest St. in Westminster from Forum Capital Management LLC. Damon Wyler and Scott Hook of Marcus & Millichap represented the seller.
A & J Palmdale I. LP purchased the 28,000-square-foot California Center in Palmdale from TR Brell California Center Corp. Mark Lucescu, Gregory Brown and Edward Hanley of Marcus & Millichap represented TR Brell.
Wilson Trust bought a 25,038-square-foot industrial building at 17391 Murphy Ave. in Irvine from MacDuff LP. Michael Lawrence of Marcus & Millichap represented Wilson Trust.
BJP Properties Inc. acquired the 109-room Lyn Mar Motel in Gardena from Epstein Properties for $2.4 million. Park Weaver of Marcus & Millichap represented Epstein Properties.
Tom Cole sold the 25-unit Governor Apartments in Whittier for $1.2 million. Mike Marcu of Marcus & Millichap represented Tom Cole.
Zaki Family Trust purchased the 7,000-square-foot Kragen Auto Building in Los Angeles from CSK Auto for $1.6 million. Gregory Brown and Edward Hanley of Marcus & Millichap represented the trust.
LEASES
ATEN International Co. Ltd. subleased a 25,000-square-foot industrial building in Irvine Spectrum from Smile International Inc. The 56-month sublease was valued at $1.1 million. JR Williamson of Nathan Howard Group represented ATEN International Co. Ltd. Darren Reul and John Goehle of Grubb & Ellis’ Newport Beach office represented Smile International Inc.
H & H Metal Fabrication leased a 31,000-square-foot industrial building at 726 W. Nicolas in Orange from Jean L. Sommerfield for $1.1 million. Steve Crane of Lee & Associates-Orange represented H & H Metal Fabrication. Chris Migliori of Daum Commercial represented Sommerfield.
Fujitsu Business Communication Systems Inc. leased 147,250 square feet at Irvine Spectrum from The Irvine Company. Jeff Chiate and Bob Griffith of Cushman & Wakefield represented Fujitsu. The Irvine Co. represented itself.
