Sale
Jean Burns of William H. Griffith Trust and Leeann David of San Pasqual Trust Co. sold an office building in Anaheim to Cardinal Development Co. for $3.6 million, or about $137 per square foot.
The 26,354-square-foot building is at 1475 S. State College Blvd.
The property was originally offered for $4.2 million and was 79% leased, according to CoStar Group Inc.
Erik Thompson and Scott Seal of Lee & Associates Commercial Real Estate Services represented the buyer and the seller.
Sale
22952 Alcalde Drive, Laguna Hills
Price: $3.5 million
Square feet: 12,815
Building: office
Price per square foot: $273
Buyer: Rockridge International Inc.
Seller: WRA Property Management Inc.
Broker(s): Adam Wicker, Matt Fryer of Lee & Associates
Sale
16141 Beach Blvd., Huntington Beach
Price: $8.5 million
Square feet: 11,818
Building: retail bank
Price per square foot: $719
Buyer: Olive Branch Properties
Seller: Max & Eleanor Baril Family Trust
Broker(s): Kevin Held of Cushman & Wakefield Inc.; Patrick Sheekey of Coldwell Banker Commercial Westmac
Sale
2660 Barranca Parkway, Irvine
Price: $14.1 million
Square feet: 57,131
Building: warehouse
Price per square foot: $247
Buyer: JC Orange County LLC
Seller: Ricoh Development of
California Inc.
Broker(s): Dave Desper, Ross Bourn of CBRE Group Inc.
Sale
14281 Chambers Road, Tustin
Price: $3.8 million
Square feet: 19,700
Building: warehouse
Price per square foot: $192
Buyer: Calara Properties LLC;
17401 Armstrong LLC
Seller: Healing Word International
Broker(s): Ross Bourne, Christopher Bates of CBRE Group; J.R. Williamson of NAI Capital
Sale
970 Glenneyre St., Laguna Beach
Price: $3 million
Building: apartments
Units: six
Price per unit: $500,000
Buyer: Tia Rose Management
Seller: Sid Miramontes
Broker(s): Victoria Strombom of Surterre Properties
Sale
2841 E. Gretta Lane, Anaheim
Price: $1.2 million
Square feet: 5,650
Building: manufacturing
Price per square foot: $210
Buyer: Eagle Golf Construction Inc.
Seller: Vilmos Family Living Trust
Broker(s): J.R. Wildermuth of Associated Commercial Brokers; Steve Crane of Daum Commercial Real Estate Services
