Sale
Orangewood Business Plaza in Anaheim was sold to Orange Multi FAEC LLC for $8.5 million, or about $168 per square foot.
The 50,462-square-foot industrial/office park is at 1717-1745 Orangewood Ave.
The 30-unit plaza was built in 1977 and is 100% occupied, according to Lee & Associates Commercial Real Estate Services.
Jim Hawkins and Phil Fridd of Lee & Associates represented the buyer and the seller, respectively.
Sale
14332 Chambers Road, Tustin
Price: $3.5 million
Building: manufacturing
Square feet: 20,544
Price per square foot: $170
Buyer: Joseph Kazemi
Seller: James Rich
Broker(s): Larry Schuler of CBRE Group Inc.
Sale
500 E. Balboa Blvd., Newport Beach
Price: $1.5 million
Building: office
Square feet: 1,088
Price per square foot: $1,379
Buyer: Dino and Hope Clarizio
Seller: Hardesty & Associates Inc.
Broker(s): Chris Clarizio of Teles Properties Inc.; Jen Carter, Don Gregg of Curtis & Associates
Sale
10520 Garden Grove Blvd., Garden Grove
Price: $3.7 million
Building: industrial/mixed-use
Square feet: 19,295
Price per square foot: $191
Buyer: 2115 Bristol Trust
Seller: undisclosed
Broker(s): Eric Smith, Mike Bouma, Paul Caputo of Voit Real Estate Services
Lease
18001-18007 Mitchell Drive S., Irvine
Square feet: 22,195
Building: industrial
Terms: five and a half years;
$1.8 million
Tenant: One Cycle Control Inc.
Landlord: Olen
Brokers: David LaFosse of Lee & Associates
Lease
529-533 Rose St., Anaheim
Square feet: 27,635
Building: industrial
Terms: five years; cost undisclosed
Tenant: AKJohnston Group
Landlord: Omniprint
Brokers: Eric Smith of Voit Real Estate Services; Steve Crane of Daum Commercial
Lease
25431 Trabuco Road, Ste. 3,
Lake Forest
Square feet: 950
Building: retail
Terms: five years; cost undisclosed
Tenant: Olive Tree Mortuary
Landlord: Hanley Properties
Brokers: John Moss, David Morgan of Parker Commercial Brokerage Co.
