Sale
Scott Maison and Tiffany Wilson sold a 24,570-square-foot manufacturing building in Tustin to Grant W. Miller for $5.1 million, or about $208 per square foot.
The 39-year-old property is at 14341 Franklin Ave.
The existing tenant was still occupying the building at the time of the sale, and the buyer will move in when the lease expires, according to CoStar Group Inc.
Pat Lacey of Lee & Associates Commercial Real Estate Services represented the buyer, and Bryan Foss of Newmark Grubb Knight Frank represented the seller.
Sale
27781-27841 La Paz Road,
Laguna Niguel
Price: $5.8 million
Square feet: 24,535
Building: retail/office
Price per square foot: $236
Buyer: Guthrie Development
Seller: La Paz Partners
Broker(s): Larry Schuler of CBRE Group Inc.; Josh Cunningham, Travis Dunn of Newmark Grubb Knight Frank
Sale
16520 Bake Parkway, Irvine
Price: $674,690
Building: office
Square feet: 1,273
Price per square foot: $530
Buyer: undisclosed
Seller: undisclosed
Broker(s): John Manion of NAI Capital
Sale
1615 N. French St., Santa Ana
Price: $1 million
Building: office
Square feet: 10,800
Price per square foot: $96
Buyer: Pm Investment Groups Inc.
Seller: John and Laura Warren
Broker(s): Barbara Kreis of SVN Asset Advisory Group
Lease
2120 Placentia Ave., Costa Mesa
Square feet: 20,300
Building: industrial
Terms: $700,000; length undisclosed
Tenant: undisclosed
Landlord: undisclosed
Broker(s): Doug Golden of NAI Capital
Sale
321 Avocado St., Costa Mesa
Price: $8.1 million
Building: apartments
Units: 18
Price per unit: $451,389
Buyer: undisclosed
Seller: Solomaho Helena
Broker(s): Kurt Hediger, Tyler Leeson of Marcus & Millichap
Sale
3848 E. Chapman Ave., Orange
Price: $1.1 million
Building: retail restaurant
Square feet: 3,693
Price per square foot: $298
Buyer: undisclosed
Seller: Verduco Inc.
Broker(s): Stephen Wong, Salila Limolansuksakul of S & D Associates; Joseph Lising, Mitchell Neff of Marcus & Millichap
