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Thursday, Mar 28, 2024
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Real Estate Deals

Sale

3020 Pullman St. LLC sold a Tesla service center to a private individual for $16.6 million, or $425 per square foot.

The 39,149-square-foot property is at 3020 Pullman St. in Costa Mesa.

The seller was pleased to sell the property at one of the highest per-square-foot prices of any industrial building in Orange County, according to Lee & Associates Commercial Real Estate Services. Tesla will continue to occupy the two one-story buildings under the new ownership.

Tom West of Lee & Associates represented the buyer, and colleagues Kurt Bruggeman and Ryan Swanson represented the seller.

Sale

16561 Kellog Circle, Huntington Beach

Price: $1.6 million

Building: apartments

Units: four

Price per square foot: $387,500

Buyer: Shiang-Fa Yu

Seller: John R. Jennings

Broker(s): Mike Hsu of Tarbell Realtors; Patrick Swanson, Brenden Felix of Colliers International

Sale

6785 Knott Ave., Buena Park

Price: $9.2 million

Building: apartments

Units: 22

Price per unit: $417,000

Buyer: Cameron Properties Inc.

Seller: Brandywine Homes

Broker(s): Peter Hauser, Associate Matthew Hauser of Avison Young; Dan Blackwell of CBRE Group Inc.

Sale

560 S. Melrose St., Placentia

Price: $3.5 million

Building: warehouse

Square feet: 16,534

Price per square foot: $210

Buyer: Chia Li-Tao

Seller: Golden Pacific Electronics Inc.

Broker(s): Young Kim of Realty One Group; Yung-Kee Chou of Pacific Integrated Capital

Sale

12570 Industry St., Garden Grove

Price: $6.6 million

Building: industrial

Square feet: 37,688

Price per square foot: $175

Buyer: Gem Works LLC

Seller: CapRock Partners

Broker(s): Paul Gingrich of Daum Commercial Real Estate Services; Brad Schneider, Bob Goodmanson of Lee & Associates

Sale

4920 Campus Drive, Newport Beach

Price: $3.3 million

Building: office

Square feet: 8,056

Price per square foot: $413

Buyer: Platinum Storage Group

Seller: undisclosed

Broker(s): Carl Johnson of Voit Real Estate Services; Bob Davis of NAI Capital

Sale

2950 Airway Ave., Ste. A3, Costa Mesa

Price: $930,624

Building: industrial

Square feet: 3,144

Price per square foot: $296

Buyer: Cyriac and Alice Alexander Family Trust

Seller: Geofrey B. Wickett Living Trust, Charles M. Wickett Jr. Living Trust, Penny W. Kennedy Trust

Broker(s): Samir Rai of Keystone Realty Group; Eileen Schuler, Suzanne Schuler of Schuler Commercial Real Estate

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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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