Grovemont Square, a multi tenant retail shopping center in Santa Ana, was sold for $4.7 million, or about $163 per square foot.
The 29,030-square-foot property is at 2428 N. Grand Ave.
Built in 1973, the retail center is less than two miles from Chapman University and MainPlace Mall. It was 85% occupied at the time of the sale, according to Lee & Associates Commercial Real Estate Services.
Jon Selznick and Brant Dorman of Lee & Associates represented the seller. Selznick also represented the buyer.
The buyer and seller were both undisclosed.
50 Corporate Park, Irvine
Price: $5.4 million
Building: office
Square feet: 14,208
Price per square foot: $377
Buyer: Henry Arjad
Seller: North Tustin Investment
Group LLC
Broker(s): John Collins, Chuck Hardy of Lee & Associates
9825 Garden Grove Blvd.,
Garden Grove
Price: $1.3 million
Building: retail automotive dealership
Square feet: 3,600
Price per square foot: $361
Buyer: Su Kim
Seller: Joseph Hong
Broker(s): Ronnie Givargis of Aegis Property Group
2800 W. Coast Highway,
Newport Beach
Price: $4.6 million
Building: retail
Square feet: 6,000
Price per square foot: $767
Buyer: Howard L. Abel Family Trust
Seller: Una Susan Kobrin Trust
Broker(s): Mike Abel of Lee &
Associates; Al Wagner of Preferred Properties of California
19071 Brookhurst St.,
Huntington Beach
Price: $1.6 million
Building: retail
Square feet: 1,860
Price per square foot: $848
Buyer: Satwinder Sing
Seller: Leonard Schumaker
Broker(s): Paul Kott of Paul
Kott Realtors Inc.
1901-1919 W. Houston Ave., Fullerton
Price: $2.2 million
Building: multifamily
Units: 8
Price per unit: $270,375
Buyer: Man Nguyen, Ann Dinh
Seller: Donald J. & Carol M. Smith Family Trust
Broker(s): Mark Bridge of Marcus & Millichap; “Young” Cao Duong of DC Real Estate
1501 Quail St., Newport Beach
Square feet: 9,875
Building: office
Terms: seven years; cost undisclosed
Tenant: Balfour Beatty
Construction LLC
Landlord: Bixby Land Co.
Broker(s): Taylor Wood, Jeff Manley of Cresa Orange County; Jay Nugent, Greg Puccinelli of JLL
