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Real Estate Deals

Sale

Fiesta Distribution LLC sold a retail property to SCB Inc. for $ 24.5 million, or $232 per square foot.

The 105,636-square-foot building is at 110-130 W. Imperial Highway in Fullerton.

Tenants of the shopping center include Best Buy, 24 Hour Fitness and a freestanding Robeks Juice store.

Smart Loan Capital represented the buyer, and Arthur R. Flores and Shaena Cushman of CBRE Group Inc. represented the seller.

Sale

9951 Muirlands Blvd., Irvine

Price: $1.2 million

Building: industrial

Square feet: 3,493

Price per square foot: $344

Buyer: Ken Murphy

Seller: RAV Holdings LLC

Broker(s): David LaFosse of Lee & Associates Commercial Real Estate Services; Xavier Nolasco of CBRE Group

Sale

4111 Green Ave., Los Alamitos

Price: $8.4 million

Building: apartments

Units: 20

Price per unit: $420,000

Buyer: Gurjit Sethi

Seller: Coastline Real Estate Advisors Inc.

Broker(s): Jay Skenderian, Grant Hahn, Doug Rodermund of Morgan-Skenderian Investment Real Estate Group

Sale

28 Rancho Circle, Lake Forest

Price: $2.4 million

Building: warehouse

Square feet: 9,368

Price per square foot: $259

Buyer: Three Phase Electric

Seller: undisclosed

Broker(s): Mark Jerue of Lee & Associates

Sale

1711 S. State College Blvd., Anaheim

Price: $4.5 million

Building: warehouse

Square feet: 19,200

Price per square foot: $234

Buyer: Bedrosians Tile & Stone

Seller: Kim A. Oviatt

Broker(s): Jeff Chiate, Rick Ellison of Cushman & Wakefield; Brad Gilmer, Thomas Gilmer of Lee & Associates

Sale

501 Dyer Road, Santa Ana

Price: $1.8 million

Building: industrial

Square feet: 7,518

Price per square foot: $235

Buyer: Paul Krause

Seller: Jeff Theders

Broker(s): Greg Velastegui of Voit Real Estate Services

Lease

2030 Main St., Irvine

Square feet: 9,409

Building: office

Terms: $3 million; length undisclosed

Tenant: Altair Engineering

Landlord: The Praedium Group

Broker(s): Brian C. Childs of NAI Capital

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