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Monday, Aug 15, 2022
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Real Estate Deals

Sale

Braden P. and Kenesha Weber sold a four-unit apartment complex in Tustin to the Seals Daniel R. and Diane B. Trust for $1.4 million, or $340,000 per unit.

The complex is at 13638 Estero Circle.

The property was built in 1963, and all units were occupied at the time of sale, according to CoStar Group Inc.

David Sanford of Newport Apartment Group represented the buyer, and Patrick Swanson of Colliers International represented the seller.

Sale

30318 Esperanza, Bldg. 9,

Rancho Santa Margarita

Price: $1.7 million

Square feet: 6,380

Building: research and development

Price per square foot: $259

Buyer: Roy Hock

Seller: Walter and Helen Courtney Trust

Broker(s): undisclosed

Sale

1011 W. Collins Ave., Orange

Price: $1.3 million

Square feet: 11,300

Building: distribution

Price per square foot: $118

Buyer: Thomas Grant Aievoli

Seller: Jennifer Lindenstein and Patricia Foster

Broker(s): undisclosed

Sale

27312 Calle Arroyo, Cottage 41,

San Juan Capistrano

Price: $1.5 million

Square feet: 4,141

Building: office

Price per square foot: $374

Buyer: Main Street Materials Inc.

Seller: Dunbar Real Estate Investment Management

Broker(s): James Wynne of Johnston Pacific Commercial Real Estate Inc.; Hayden Socci and Robert Socci of Voit Real Estate Services Inc.

Lease

420 Atlas St., Brea

Square feet: 5,300

Building: industrial

Terms: length undisclosed; $175,339

Tenant: RPM International

Landlord: undisclosed

Broker(s): Rob Leiter of Lee & Associates Commercial Real Estate Services

Lease

1855 W. Katella Ave., Orange

Square feet: 8,200

Building: office

Terms: length and cost undisclosed

Tenant: undisclosed

Landlord: Cirsea Ltd. LLC

Broker(s): Phil Fridd of Lee & Associates

Lease

1801 E. Edinger Ave., Santa Ana

Square feet: 1,795

Building: office

Terms: length undisclosed; $110,454

Tenant: American Income Life

Landlord: undisclosed

Broker(s): Marshal Vogt of Lee & Associates

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