Sale
Marcus & Millichap sold a retail building in Laguna Beach for $19.7 million, or $571 per square foot.
The 34,478-square-foot property is at 30922 S. Coast Highway at the intersection of Pacific Coast Highway and Wesley Drive. Other retailers, such as CVS Pharmacy, Chase Bank, La Sirena Grill, and Montage Laguna, are within walking distance.
Glen Kunofsky and Lior Regenstreif of Marcus & Millichap represented the seller.
Sale
1352 W. Balboa Blvd., Newport Beach
Price: $1.8 million
Building: apartment
Units: five
Price per unit: $350,000
Buyer: Leo Shahinian
Seller: Jerry and Jacqueline Poladian
Broker(s): undisclosed
Sale
4320 Bolsa Ave., Santa Ana
Price: $1.7 million
Type: land
Acres: 1.2
Price per acre: $1.4 million
Buyer: Lucik Akoboff Trust
Seller: International Union of
Operating Engineers
Broker(s): Glenn Arnold, John
Griffin and Max Wang of Cushman
& Wakefield Inc.
Sale
9950 Irvine Center Drive, Irvine
Price: $4.2 million
Square feet: 9,920
Building: office
Price per square foot: $425
Buyer: undisclosed
Seller: undisclosed
Broker(s): Russ Smith and Travis Forster of Wind Water Realty Inc.; Ali Jahanshahi of Keller Williams Realty Pacific Estates
Lease
8475 Artesia Blvd., Buena Park
Square feet: 13,136
Building: industrial
Terms: length undisclosed; $1.3 million
Tenant: Peak Strength & Conditioning
Landlord: undisclosed
Broker(s): Rob Leiter of Lee & Associates Commercial Real Estate Services
Lease
1071 N. Batavia St., Orange
Square feet: 8,000
Building: industrial
Terms: length undisclosed; $433,224
Tenant: Azura Route 66 Partners
Landlord: undisclosed
Broker(s): David Williams of
Lee & Associates
Lease
17821 E. 17th St., Tustin
Square feet: 3,389
Building: office
Terms: length undisclosed; $389,735
Tenant: Urban Futures
Landlord: undisclosed
Broker(s): Marshal Vogt, Jaimeson Hearne, and Erik Thompson of
Lee & Associates
