Compiled by Purnima Mudnal
Anaheim West Plaza Partners LLC paid $11.1 million to James and Mei Tsai for the 79,932-square-foot Anaheim West Shopping Center at 3150 to 3174 W. Lincoln Ave. in Anaheim. The buyer plans to renovate the center. Paul Moore and Steve McDonald of Colliers Seeley International Inc. represented the buyer. Brad Miles of Inco Co. represented the seller.
1382 Valencia LP paid $6.7 million to Spectrum Exchange Corp. for a 71,000-square-foot industrial building at 15502 Mosher Ave. in Tustin. The buyer plans to convert the building into industrial condominiums. Tenant Toyota Racing Development USA is moving by year’s end. John Collins of Voit Commercial Brokerage LP represented the buyer. Jeff Chiate, Rick Ellison and Peter Sowa of Cushman & Wakefield Inc. represented the seller.
Live Oak Plaza LLC paid $5.9 million to California Property Investments Inc. for a 55,000-square-foot office building at 1622 to 1666 N. Main St. in Santa Ana. Rick Julian of Advanced Real Estate Services Inc. represented the buyer. Alan Pekarcik, Dan Vittone and Gil Marrero of Voit Commercial Brokerage represented the seller.
Denis Jiro Yoshii and Anthony J. Huang paid $2.4 million to Newport Medical Plaza LP for a 6,000-square-foot medical office building at 26750 Towne Centre Drive in Lake Forest. Tony Gleason of Voit Commercial Brokerage represented the buyers. Jim Landis of NAI Capital Real Estate Services represented the seller.
The Pasha Trust of Irvine paid $2.15 million to Burlington National Insurance Co. for a 12,234-square-foot office building at 2445 W. Chapman Ave. in Orange. Sylvan Swartz of Swartz Commercial Real Estate represented both parties.
Birch Medical Group paid $1.6 million to Birch Ltd. for a 5,081-square-foot office building at 20311 S.W. Birch St. in Newport Beach. Pat Walker and Tim Walker of Voit Commercial Brokerage represented the buyer. Dave Smith of Lee & Associates Commercial Real Estate Services Inc. represented the seller.
An undisclosed buyer paid $1.25 million to an unnamed seller for a four-unit apartment building at 2121 Florida St. in Huntington Beach. The apartments, which sold for $335,000 each, are full. Alex Pavich of Sperry Van Ness represented the buyer. Marty Lopata of Pacific City Properties Inc. represented the seller.
Custom upholstery maker Wicked Elements paid $1.2 million for an 8,000-square-foot industrial condominium at 7351 Garden Grove Blvd. in Garden Grove. Charlie Winn and Vince Cartelli of Collins Commercial Corp. represented the buyer. Michael Behzad of Sperry Van Ness represented the seller.
Exhibit booth distributor DisplayIt Inc. leased 19,223 square feet of distribution space at 3232 Fairview Road in Costa Mesa. The company is expanding from its current operation in Tustin. The 1.8-year lease is valued at $198,000. Kurt Bruggeman of Lee & Associates represented the tenant. Dave Desper and Nick Spatafore of CB Richard Ellis Group Inc. represented the subleasing landlord Qualtech Backplanes Inc.
