Sale
Sanderson J. Ray Development sold a retail property in Laguna Woods to Newport Beach-based DMP Properties for $5.7 million, or about $340 per square foot.
The 16,760-square-foot property is at 24330 El Toro Road.
The center totals 193,028 square feet and is anchored by Home Depot.
Brokers involved in the deal included Faris Lee Investments’ Joe Chichester and Tom Chichester. They represented the seller and buyer.
Lease
1561 E. Orangethorpe Ave., Fullerton
Space: 6,554 square feet
Building: office
Terms: length and cost undisclosed
Tenant: The Network Pro LLC
Landlord: undisclosed
Broker(s): Jaimeson Hearne, Marshal Vogt of Lee & Associates
Sale
11842 Monarch St., Garden Grove
Price: $6.2 million
Building: manufacturing
Square feet: 36,350
Price per square foot: $169.19
Buyer: undisclosed
Seller: Crescent Properties
Broker(s): Clyde Stauff of Colliers International
Sale
23291 Mill Creek Drive, Laguna Hills
Price: $2.7 million
Building: office
Square feet: 11,630
Price per square foot: $230.01
Buyer: Nathan & Dalit Litinski Trust
Seller: California Dental Network Inc.
Broker(s): Matt Biggs, Kevin Turner of Cushman & Wakefield Inc.; Steve Economos, Geoffrey DeWolf of JLL
Sale
132 E. Crowther Ave., Placentia
Price: $1.2 million
Building: flex
Square feet: 15,457
Price per square foot: $79.58
Buyer: Paper Canyon LLC
Seller: Dmwp LLC
Broker(s): Charles Wilson, Brian Chastain of Colliers International
Sale
605 S. East St., Anaheim
Price: $4.5 million
Building: manufacturing
Square feet: 49,795
Price per square foot: $90.99
Buyer: undisclosed
Seller: McKenna Labs Inc.
Broker(s): John Renken of Renken Consulting Group
Sale
22331 El Paseo, Rancho Santa Margarita
Price: $9.7 million
Building: retail health club
Square feet: 22,000
Price per square foot: $438.64
Buyer: undisclosed
Seller: American Housing Partners Inc.
Broker(s): Mehran Foroughi of Colliers International
