Compiled by Kelly Ryan
SALES
An undisclosed buyer paid $1.5 million to Shasta Tire & Rubber Inc. for a 12,319-square-foot industrial building at 5401 Business Drive in Huntington Beach. Darin McDonald and Ted Sawyer of Lee & Associates-Newport Beach Inc. represented the seller.
Computer Liquidation Center paid $1.5 million to an undisclosed seller for an 11,434-square-foot industrial building at 5332 Industrial Drive in Huntington Beach. The building sold for $130 per square foot. The buyer previously occupied the property as a tenant. Tyler Pollock of Burke Real Estate Group represented both parties.
Hakan and Sarah Hammerstrom paid $321,100 to PMR Partnership for a 1,473-square-foot industrial building at 17702 Metzler Lane in Huntington Beach. Chuck Hardy of Lee & Associates-Orange Inc. represented both parties.
LEASES
SouthCoast Foundation leased 29,000 square feet of space at 2727 Campus Drive in Irvine. The tenant is a nonprofit foundation that coordinates community activities. The new facility will house a church, preschool and counseling center. The 10-year lease is valued at $4.2 million. Joe Bevan of Jones Lang LaSalle represented the tenant. Brian Garbutt of Lee & Associates-Irvine Inc. represented landlord Greenlaw Partners LLC.
Children’s Hospital of Orange County leased a 10,000-square-foot industrial building at 810 W. Collins in Orange. The five-year lease is valued at $405,455. David Williams of Lee & Associates-Orange represented landlord Antoyan Investments. Sonya Dopp-Grech also of Lee & Associates-Orange, represented the tenant.
Egg Whites International leased a 7,858-square-foot industrial building at 620 W. Freedom Ave. in Orange. The five-year lease is valued at $320,000. David Williams of Lee & Associates represented the tenant and the undisclosed landlord.
Kaseya International Ltd. subleased 7,665 square feet of space at 25 Enterprise in Aliso Viejo. The value of the 2.6-year lease wasn’t disclosed. James Sladack and Jeff Foster from Newmark Knight Frank represented sublessor Lennar Corp. Don Yahn, Brett Swartzbaugh and Jason Ward of Cushman & Wakefield Inc. represented Kaseya.
Plus Diagnostics subleased 5,300 square feet of space at 26061 Merit Circle in Laguna Hills. The value of the two-year lease wasn’t disclosed. The subtenant operates as a commercial anatomic pathology laboratory. Jonti Bacharach of Cresa Partners LLC represented Plus Diagnostics. Ross Bourne of CB Richard Ellis Group Inc. represented sublessor Verdezyne.
Telespan Network Services Inc. leased a 1,749-square-foot office space at 1748 W. Katella Ave. in Orange. The value of the yearlong lease wasn’t disclosed. Marshal Vogt of Lee & Associates-Orange represented the tenant. Matt Didier of Grubb & Ellis Co. represented landlord KCC 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.
