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Real Estate Deals

Sale

Stark & Aldrich LLC recently purchased two apartment complexes for $9.8 million, or about $327,000 per unit.

The complexes are at 7891-7901 Stark Drive and 7912-7922 Aldrich St. in Huntington Beach, and consist of 14 and 16 units, respectively.

The sale closed within 70 days at about 95% occupancy, according to brokerage Sperry Commercial.

Frank Dinari of Sperry Commercial represented the buyer, and Patrick Swanson of Colliers International represented the seller, which was undisclosed.

Sale

2702 W. 1st St., Santa Ana

Price: $1.2 million

Building: retail

Square feet: 2,066

Price per square foot: $600

Buyer: Santa Ana Gasoline Inc.

Seller: Circle K Stores Inc.

Broker(s): undisclosed

Sale

414 31st St., Newport Beach

Price: $1.7 million

Building: retail, residential

Square feet: 1,472

Price per square foot: $1,200

Buyer: David and Mary Ann Kerr

Seller: Miner Properties

Broker(s): Tim Winter of Steward Family Office Inc.

Sale

810 S. Anaheim Blvd., Anaheim

Price: $1.5 million

Building: apartment

Units: eight

Price per unit: $186,000

Buyer: Ching Chan

Seller: Jinyong Sun

Broker(s): undisclosed

Lease

880 S. Rose Place, Anaheim

Square feet: 5,088

Building: industrial

Terms: length undisclosed; $167,959

Tenant: Stellar Installations Inc.

Landlord: undisclosed

Broker(s): Scott Seal of Lee & Associates Commercial Real Estate Services

Lease

22725 E. La Palma Ave., Yorba Linda

Square feet: 6,315

Building: industrial

Terms: length undisclosed; $370,200

Tenant: RC Electric International

Landlord: undisclosed

Broker(s): Johnny Eubanks of Lee & Associates

Lease

300 S. Harbor Blvd., Anaheim

Square feet: 1,536

Building: office

Terms: length undisclosed; $193,526

Tenant: HisChannel

Landlord: undisclosed

Broker(s): Marshal Vogt, Jaimeson Hearne, Jonmark Fabiano, Erik Thompson of Lee & Associates

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