Sale
Cal Receivers sold an apartment building in Tustin to Nisson Road LLC for $3.5 million, or approximately $150,000 per unit.
The multistory 23-unit building is at 1431 Nisson Road.
The complex was built in 1961 and was 100% occupied at the time of the sale, according to real estate brokerage firm NAI Capital.
Brokers involved in the deal included NAI Capital’s Steve Heri and Steve Gim.
Heri and Gim represented the buyer and seller.
Lease
5900 Skylab Road, Huntington Beach
Space: 83,391 square feet
Building: industrial
Terms: seven years; $4.5 million
Tenant: GBI Tile and Stone Inc.
Landlord: PPF Industrial
Broker(s): Steve Young, Bob Goodmanson, Rick McGeagh of CBRE Group Inc.
Sale
1685 Toronto Way, Costa Mesa
Price: $4.1 million
Building: industrial
Square feet: 22,933
Price per square foot: $180
Buyer: Best International Corp.
Seller: Richard and Karen Tunila
Broker(s): Seth Davenport, Greg Velastegui of Voit Real Estate Services Inc.; Ross Fippinger of CBRE Group
Sale
9861 Irvine Center Drive, Irvine
Price: $3.7 million
Building: office
Square feet: 9,920
Price per square foot: $370
Buyer: undisclosed
Seller: undisclosed
Broker(s): Travis Forster of Wind Water Realty; David Williams, Adam Wicker of Lee & Associates
Sale
27282 Calle Arroyo, Cottage 38,
San Juan Capistrano
Price: $1.7 million
Building: office
Square feet: 4,447
Price per square foot: $375.53
Buyer: Guided Discoveries Inc.
Seller: Dunbar Real Estate Investment Management
Broker(s): Tom Brabeck of RE/MAX Signature Services; Robert Socci, Hayden Socci of Voit Real Estate Services
Sale
16520 Bake Parkway, Ste. 130, Irvine
Price: $765,000
Building: office
Square feet: 1,483
Price per square foot: $515.85
Buyer: SLDL Bake Parkway LLC
Seller: DDR Properties LLC
Broker(s): Rick Hill of Urban Infill Properties; Russ Smith, Travis Forster of Wind Water Realty
Lease
15375 Barranca Parkway, Irvine
Space: 2,055 square feet
Building: office
Terms: three years; cost undisclosed
Tenant: Johnson Service Group
Landlord: undisclosed
Broker(s): Jeff Gahagan of Lee & Associates
