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Real Estate Deals

Lease

Irvine-based networking gear maker Lantronix Inc. signed a lease for 26,897 square feet of office space at 7535 Irvine Center Drive, Ste. 100, in Irvine. The new space will be used for its corporate headquarters.

The company is currently at 167 Technology Drive in Irvine.

The lease is expected to commence by March 1, and the length of it is 65 months, according to data service provider CoStar Group Inc.

The landlord is the Irvine Company in Newport Beach.

Brokers in the deal were not disclosed.

Lease

1245 Puerta del Sol, San Clemente

Space: 10,429 square feet

Building: industrial/flex

Terms: length and cost undisclosed

Tenant: Oggi’s Pizza & Brewing Co.

Landlord: undisclosed

Broker(s): Eileen Schuler, Suzanne Schuler of Schuler Commercial Real Estate; James Gotses of PacificWest Asset Management

Sale

2990 Grace Lane, Costa Mesa

Price: $2.5 million

Building: industrial

Square feet: 15,000

Price per square foot: $166.67

Buyer: 2990 Grace Lane Associates

Seller: The Miller Revocable Trust

Broker(s): Matt Christensen of JLL; Chris Melendres of Advanced

Commercial Real Estate

Sale

9842 Adams Ave., Huntington Beach

Price: $5.5 million

Building: retail freestanding

Square feet: 10,481

Price per square foot: $519.99

Buyer: Sedghian Family Trust

Seller: Tuyen D. Lecong Trust

Broker(s): Nathan Holthouser, Tram Church of Marcus & Millichap

Sale

201 S. Broadway St., Santa Ana

Price: $990,000

Building: office

Square feet: 6,990

Price per square foot: $141.63

Buyer: Sayed Monis

Seller: Denise Cato

Broker(s): Fred Mandegari of KW Commercial

Sale

16351 Construction Circle W., Irvine

Price: $4.7 million

Building: warehouse

Square feet: 13,200

Price per square foot: $355.30

Buyer: Peterson Chase Inc.

Seller: Holliday Rock Co.

Broker(s): Greg Ozimec of Industrial Brokers Inc.; Sean Ahern of Lee & Associates Commercial Real Estate Services

Sale

928 S. Fann St., Anaheim

Price: $1.1 million

Building: apartments

Units: seven

Price per unit: $155,000

Buyer: George Aste

Seller: Nan Nan Xu Trust

Broker(s): Brad New of Vanguard Commercial; Charles Dunn of Charles Dunn Co.

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