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Tuesday, Mar 17, 2026
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real estate deals

Sale

KTGY Group Inc. sold an office building in Irvine for $3.5 million to RNR Property Leasing LLC.

The two-story, 20,189-square-foot building is at 17992 Mitchell S.

RNR Property Leasing will occupy half of the property, doing business as medical device manufacturer Passy-Muir Inc., according to data service provider CoStar Group Inc.

Brokers involved in the deal included Lee & Associates Commercial Real Estate Services’ Gary McArdell, and Clarence Turner of Trico Realty.

McArdell represented the seller. Turner represented the buyer.

Sale

23161 Antonio Parkway,

Rancho Santa Margarita

Price: $3.5 million

Building: industrial

Square feet: 24,145

Price per square foot: $149

Buyer: Canyon Rim Properties LLC

Seller: Phytogene Inc.

Broker(s): Steve Wagner of JLL; Rob Johnston, Xavier Nolasco of Johnston Pacific Commercial Real Estate Inc.

Lease

5455 Garden Grove Blvd., Westminster

Space: 3,300 square feet

Building: office

Terms: length and cost undisclosed

Tenant: Farmers Insurance

District Office

Landlord: Invesco Ltd.

Broker(s): Beau Ramsey of Stream Realty LP; Chris Drzyga of iCore Global

Sale

1568 N. Gemini Place, Anaheim

Price: $1.5 million

Building: warehouse

Square feet: 10,800

Price per square foot: $137.04

Buyer: Pacific Focus Inc.

Seller: 1568 N. Gemini Place Building

Broker(s): Jamie Tsai of SMI

Realty Management

Lease

27221 Burbank, Foothill Ranch

Space: 10,250 square feet

Building: industrial

Terms: length and cost undisclosed

Tenant: Equimine Inc.

Landlord: Canyon Rim Properties LLC

Broker(s): Rob Johnston, Xavier Nolasco of Johnston Pacific; Brett Kluewer of Colliers International

Sale

725 S. Beach Blvd., Anaheim

Price: $1.4 million

Building: retail auto dealership

Square feet: 2,800

Price per square foot: $482.14

Buyer: Abbas Rahmani

Seller: Dennis Von Lossberg

Broker(s): John and Kathryn Vasky of John Vasky

Sale

16530 Bake Parkway, Irvine

Price: $7.3 million

Building: office

Square feet: 19,998

Price per square foot: $365.03

Buyer: Mistretta Family Properties LLC

Seller: Roosevelt Capital LLC

Broker(s): Tibor Kelemen of Wind Water Realty Advisers

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