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Real Estate Deals

Sale

A retail building in Costa Mesa was sold for $2.6 million, or about $1,100 per square foot.

The 2,340-square-foot building is at 124-126 E. 17th St.

The previous tenant, Floyd’s 99 Barbershop, terminated its occupancy, and the seller refurbished and re-leased the building at the “higher market rent,” according to Scott Hook of Coldwell Banker Commercial Advisors.

Hook represented the buyer and seller.

Sale

2231 Cape Cod Way, Santa Ana

Price: $1.5 million

Building: manufacturing

Square feet: 7,364

Price per square foot: $204

Buyer: Precision Leasing LLC

Seller: MRB Enterprises LLC

Broker(s): Mike Barreiro of Daum Commercial Real Estate Services

Sale

22022 El Paseo, Rancho

Santa Margarita

Price: $5.2 million

Building: retail restaurant

Square feet: 5,702

Price per square foot: $916

Buyer: Santa Ana Canyon Inc.

Seller: Jarrett Family Trust

Broker(s): Alvin Mansour of Marcus & Millichap

Lease

1100 S. Linwood Ave., Santa Ana

Square feet: 34,425

Building: industrial

Terms: length undisclosed; $794,704

Tenant: Bear Down Consulting

Landlord: undisclosed

Broker(s): Greg Diab, Jack Haley of Lee & Associates Commercial Real Estate Services

Sale

924 E. Chapman Ave., Orange

Price: $1.1 million

Building: office

Square feet: 2,224

Price per square foot: $472

Buyer: DJ23 LLC

Seller: Coast Soccer League Inc.

Broker(s): Gary Martinez of Ashwill Associates Inc.; Albert Ricci of Ricci Realty

Sale

8 Faraday, Irvine

Price: $3.5 million

Building: warehouse

Square feet: 15,937

Price per square foot: $217

Buyer: Khalaj Family Trust

Seller: Repelex SLS Inc.

Broker(s): David Kluver of Newmark Grubb Knight Frank

Lease

1935 N. Enterprise St., Orange

Square feet: 12,800

Building: industrial

Terms: length undisclosed; $642,128

Tenant: A1 Automotive Inc.

Landlord: undisclosed

Broker(s): Bryan Miller, Tom Gilmer of Lee & Associates

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