Sale
Michigan-based Charles J. Long Trust sold a medical office building in Laguna Hills to Horwin Investment LLC for $5.9 million, or $239 per square foot.
The 24,686-square-foot, two-story building is at 24953 Paseo de Valencia.
Occupancy was 86% at the time of sale, according to real estate brokerage firm NAI Capital.
Brokers involved in the deal included NAI Capital’s John Bosko and Bob Bush, as well as Mark Repstad of Realty Advisory Group Inc.
Bosko and Bush represented the seller. Repstad represented the buyer.
Sale
26880 Aliso Viejo Parkway,
Aliso Viejo
Price: $11.6 million
Building: office
Square feet: 53,115
Price per square foot: $218.39
Buyer: Bixby Land Co.
Seller: Fariba Panah
Broker(s): Douglas Mathews of Newmark Grubb Knight Frank
Sale
16561 Alliance Ave., Tustin
Price: $5.3 million
Building: apartments
Units: 27
Price per unit: $196,296
Buyer: Ngoc Phan
Seller: Sung Pak
Broker(s): Tyler Leeson of Marcus & Millichap
Lease
151 Kalmus Drive, Costa Mesa
Space: 2,508 square feet
Building: office
Terms: five years; undisclosed
Tenant: Applied Biblical Counseling
Landlord: Coppertree Partners
Broker(s): Steve Ehrich of NAI Capital
Sale
14462 Astronautics Lane, Bldg. A, Huntington Beach
Price: $10 million
Building: warehouse
Square feet: 62,640
Price per square foot: $160
Buyer: First American Title Insurance Co.
Seller: TSW Alloy Wheels
Broker(s): Michael Bouma, Paul Caputo of Voit Real Estate Services Inc.; Steve Wagner, Matthew Christensen, Zach Niles of JLL
Lease
6 Hutton Centre Drive, Santa Ana
Space: 5,652 square feet
Building: office
Terms: undisclosed
Tenant: Financial Strategies Wealth Management Group
Landlord: Equity Office Properties
Broker(s): Chris Drzyzga of SilverPoint Advisors Inc.; Weston Chandler of CBRE Group Inc.
Sale
17221 E. 17th St., Santa Ana
Price: $799,999
Building: office
Square feet: 5,752
Price per square foot: $139.08
Buyer: undisclosed
Seller: North Laurelwood LLC
Broker(s): Dave Hunsaker, Phil Fridd of Lee & Associates Commercial Real Estate Services
