Compiled by Johanne Chou
SALES
Dennis Dascanio paid $1.8 million to Jau Song and Twu Chun-Lan for an apartment complex at 2030 to 2036 E. Whiting Ave. in Fullerton. The apartments sold for about $128,571 apiece at a capitalization rate of 6.6%. The 14-unit complex was built in 1960 and has six one-bedroom, one-bath apartments and eight two-bedroom, one-bath units. The complex is full. Jonathan Mitchell and David Yeh of Marcus Millichap Real Estate Investment Services Inc. represented both parties.
Wright Trust paid $1.3 million to Randolph Trust for an 8,496-square-foot industrial building at 5230 E. Hunter Ave. in Anaheim. Chris Migliori of Daum Commercial Real Estate Services represented both parties.
Koa Corp., a Japanese electronics company, paid $1.3 million to Jay and Sandra Burke for a 6,733-square-foot office building at 2141 W. Orangewood Ave. in Orange. Amy MacNamara and Ryan Campbell of Grubb & Ellis Co. represented the buyer. Marshal Vogt and Jonmark Fabiano of Lee & Associates-Orange Inc. represented the seller.
Holy Apostolic Catholic Church of the East paid $1.1 million to Hatch Investments for a 4,360-square-foot preschool at 2510 W. Orange Ave. in Anaheim. Justin Hill and Ed Matevosian of CB Richard Ellis Group Inc. represented the seller.
LEASES
O’Neil Storage Inc. leased a 23,200-square-foot industrial building at 1217 Normandy Place in Santa Ana. The value of the 2-year lease wasn’t disclosed. Jack Haley and Jon Passaflume of Lee & Associates-Orange represented the tenant. Chris Coyte of Lee & Associates-Newport Beach Inc. represented landlord JRMV Investments Inc.
Clinical Innovations Inc., which conducts clinical trials for drug makers and device makers, leased a 12,964-square-foot office building at 1675 Scenic Ave. in Costa Mesa. The value of the 3-year lease wasn’t disclosed. Jeff Gahagan of Lee & Associates-Orange represented the tenant. Tina LaMonica of landlord Arden Realty Inc. represented her company.
Law firm Watten Discoe Bassett & McMains renewed its 12,500-square-foot lease at 1551 N. Tustin Ave. in Tustin. The 5-year lease is valued at $2.1 million. Jeff Tabor and Dave Coe of Corporate Realty Advisors represented the law firm. Teri Austin of Muller Co. represented landlord Tustin Centre Tower LLC.
Earthwise Vitamin Supplements leased 1,018 square feet of retail space at 17582 E. 17th St. in Tustin. The value of the 3.5-year lease wasn’t disclosed. Mike Nelson of Muller Commercial Real Estate represented the tenant. Thomas Tway of Coreland Cos. represented landlord Oak Tree Plaza LP.
