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Real Estate Deals

LEASE

Karal Ltd. leased an office building to Sheward & Sons & Sons. The price and term length were undisclosed.

The 19,460-square-foot property is at 14352 Chambers Road in Tustin.

The tenant was secured before the building was vacated, which allowed the landlord a steady cash flow, according to Wade Tift of JLL.

Robert Griffin of Lee & Associates Commercial Real Estate Services represented the buyer. Tift, Nick Carey and Byron Foss of JLL represented the seller.

LEASE

9700 Toledo Way, Irvine

Square feet: 77,313

Building: industrial

Terms: $8.4 million; 10 years

Tenant: NN Inc.

Landlord: BLT Enterprises

Broker(s): Kevin Thomas of Lee & Associates; Gregg Haly, Tyler Haly of CBRE Group Inc.

SALE

405 13th St., Huntington Beach

Price: $2.7 million

Building: apartments

Units: six

Price per unit: $456,917

Buyer: Galitzen Family Trust

Seller: Karen Kay Reynolds

Broker(s): Daniel Blackwell, Sean Riley of CBRE Group

SALE

1327 N. Broadway, Santa Ana

Price: $1.8 million

Building: office

Square feet: 6,719

Price per square foot: $268

Buyer: Simon Law Group

Seller: Baziak & Stevens

Broker(s): Sturai Yusufi, Paul Davidovac of Commercial Brokers International; Jack McNutt, Mark Baziak of Newmark Knight Frank

SALE

7180 Lampson Ave., Garden Grove

Price: $6 million

Building: industrial

Square feet: 39,200

Price per square foot: $153

Buyer: CRPF II Industry LLC

Seller: Orient Express LLC

Broker(s): Bob Goodmanson of Lee & Associates; Clint McMorris of Colliers International

SALE

2338 W. 6th St., Santa Ana

Price: $1.5 million

Building: warehouse

Square feet: 6,604

Price per square foot: $220

Buyer: Suavecito Inc.

Seller: Juan C. Fernandez

Broker(s): Fernando Crisantos of SVN | Vanguard; Brian Williams of Ashwill Associates Commercial Real Estate

SALE

9672 Garden Grove Blvd., Garden Grove

Price: $1.9 million

Building: retail

Square feet: 2,549

Price per square foot: $745

Buyer: Hair For Hair

Seller: Bank of Hope

Broker(s): Corey Waite, Patrick Barnes, Chris Maling, Hayden Eaves, David Maling of Colliers International

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Meghan Kliewer
Meghan Kliewer
Meghan is an Orange County native that joined OCBJ as an intern in 2017. Soon after graduating from Cal State Fullerton with a degree in Communications and minor in Business Administration, she was promoted to the position of Research Director. Outside of the office, Meghan teaches yoga and attends music festivals.
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