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Thursday, Mar 19, 2026
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Real Estate Deals

Lease

ASEA Power Systems, a manufacturer of marine shore power converters, signed a five-year lease at 15282 Newsboy Circle in Huntington Beach.

The 57,914-square-foot industrial property features 13,000 square feet of two-story office space, a mezzanine, and a fenceable concrete yard area, according to CBRE Group Inc.

Bob Goodmanson and Brad Schneider of CBRE Group represented the landlord, the Chalabian Family Trust.

Sale

2 S. Faraday, Irvine

Price: $5.1 million

Building: manufacturing

Square feet: 25,285

Price per square foot: $203

Buyer: undisclosed

Seller: Wilbur Smith

Broker(s): Seth Davenport of Voit Real Estate Services Inc.; Keith Black, Gregg Haly of CBRE Group

Sale

18652 Florida St., Huntington Beach

Price: $3.5 million

Building: medical

Square feet: 16,108

Price per square foot: $214

Buyer: Mattari Properties LLC

Seller: M. Hume Properties LLC

Broker(s): undisclosed

Sale

747 W. La Jolla St., Placentia

Price: $8.8 million

Building: multifamily

Units: 41

Price per unit: $214,634

Buyer: Juno Apartment LLC

Seller: Yow-Shiun Chiou, Chiou Lee Shiou Hua, Mimi Hsing Chiu

Broker(s): Tyler Leeson, Jon Mimms, David Yeh, Mark Bridge of Marcus & Millichap

Sale

1433-1437 S. Standard Ave.,

Santa Ana

Price: $3.2 million

Building: multifamily

Units: 20

Price per unit: $160,750

Buyer: Chemitiganti Investment LLC

Seller: Steven Ryan Gale, Jorgensen Family Trust, Cabodi Family Trust

Broker(s): Sheil Stampwala, Mark Bridge of Marcus & Millichap

Sale

30366 Esperanza, Bldg. 8,

Rancho Santa Margarita

Price: $1 million

Building: manufacturing

Square feet: 3,814

Price per square foot: $275

Buyer: Robert Walsh

Seller: William Chronister

Broker(s): undisclosed

Lease

1984 McFadden Ave., Santa Ana

Square feet: 14,200

Building: industrial

Terms: 2 years; $264,688

Tenant: Genesis Networks

Enterprises LLC

Landlord: Boyd Industrial Park

Broker(s): Don Yahn, Brett Swartzbaugh of Cushman & Wakefield Inc.; Willis Boyd of Boyd Enterprises

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