Sukut Real Properties paid $4.9 million to The Fainberg Family Trust for a 3.2-acre equipment yard at 20772 Indian Ocean in Lake Forest. Jim Snyder of Lee & Associates Commercial Real Estate Services Inc. represented the buyer. Cushman & Wakefield Inc. represented the seller.
Thomas M. Boone paid $3.3 million to Bob and Kathy Magbouleh for a 12,312-square-foot multitenant medical office plaza at 1076 E. First St. in Tustin. Mike Barreiro and Gavin Denniston of Daum Commercial Real Estate Services represented the seller, which does business as First Street Medical Building Inc. Dave Cox of Cox Commercial represented the buyer.
Ajit S. Randhava & Associates Inc. paid $1.08 million to The Ho Family Trust for a 5,334-square-foot office building at 2564 Woodland Drive in Anaheim. Brad Christian of Colliers International represented the seller. Kathe Morgan of Lee & Associates represented the buyer.
Pacific West Industrial Holdings paid $1.06 million to North Anaheim Associates for a 5,760-square-foot industrial building at 1153 N. PattSt. F in Anaheim. Jim deRegt, Darin McDonald, Ewan Choate and Ted Sawyer of Lee & Associates represented both parties.
An undisclosed buyer paid $960,000 to an undisclosed seller for a seven-unit apartment complex at 601 W. Center St. in Placentia. Tyler Leeson of Marcus & Millichap Real Estate Services Inc. represented the seller.
National Merchant Center subleased 6,194 square feet of office space at 18300 Von Karman Ave. No. 850 in Irvine. The three-year lease is valued at $526,490. Brian Garbutt and Andrew Robben of Lee & Associates represented assignor US Risk of California Inc. Matthew St. Marseille and Robert Kehiayan of Investment R/E Source Inc. represented the assignee.
LED Power Inc. leased a 6,000-square-foot industrial building at 1731 Kaiser Ave. in Irvine. The value of the four-year lease was not disclosed. Brent Mork of Lee & Associates represented the tenant. Bob Goodmanson of CB Richard Ellis
Group Inc. represented landlord ECS Enterprises.
Airtechnics leased 2,225 square feet of office space at 10055 Slater Ave. in Fountain Valley. The five-year lease is valued at $263,662. Toliver Morris of WM Commercial represented the tenant. Ron Mittins and Robert Kehiayan of Investment R/E Source and Sam Jones of The Remm Group represented landlord Fountain Valley Unified School District.
Makouf Investment Group Inc. leased a 2,025-square-foot restaurant space in the Brea Union Plaza at 2445 E. Imperial Highway, Suite F in Brea. The 10-year lease is valued at $919,007. Lee Anne Maki and Dave Bueche of Sperry Van Ness represented the tenant. Mark Baziak, Terrison Quinn and Peter Spraigg of Grubb & Ellis Co. represented landlord Brea Union Plaza I LLC.
Please send real estate deals to deals@ocbj.com or to Orange County Business Journal, Attention: Deals, 2600 Michelson Drive, Ste. 170, Irvine, CA 92612. For sales, please list buyer and seller, sale price, square footage, building type, address and names of brokers and brokerages involved in the deal. For leases, please include tenant name, amount of square footage leased, type of space leased, value and duration of lease, address, landlord and brokers and brokerages involved in the deal.
