Sale
BLD Ventures LLC sold an office building to the Wang Family Trust for $10.5 million, or $405 per square foot.
The 25,918-square-foot property is at 20377 SW Acacia St. in Newport Beach.
It was purchased at 96% of the asking price, and the seller signed a 10-year leaseback, according to Brian Garbutt of Lee & Associates Commercial Real Estate Services.
Garbutt represented the buyer and seller in the transaction.
Sale
1990 S. Santa Cruz St., Anaheim
Price: $2.5 million
Building: manufacturing
Square feet: 8,870
Price per square foot: $283
Buyer: Don Watson
Seller: Wholesale Tires & Wheels
Broker(s): N/A
Sale
1829 N. Tustin Ave., Santa Ana
Price: $1.5 million
Building: retail
Square feet: 3,500
Price per square foot: $414
Buyer: Tien Thahn Nguyen &
Thuy Van La
Seller: Haleh Emrani
Broker(s): Jennifer Nguyen of LS
Gateway Realtors; Dave Bueche of Sperry Commercial
Sale
3505 Cadillac Ave., Ste. F5, Costa Mesa
Price: $2.3 million
Building: industrial
Square feet: 7,178
Price per square foot: $323
Buyer: 82 Investments LLC
Seller: Kalt Performance LLC
Broker(s): Michael Dorsey, Stephen Madigan of Advisors Commercial Real Estate
Sale
3041 Orange Ave., Santa Ana
Price: $2.6 million
Building: industrial
Square feet: 12,747
Price per square foot: $205
Buyer: RJV & Associates LLC
Seller: Cemtek Environmental Inc.
Broker(s): Greg Velastegui of Voit Real Estate Services
Sale
313 N. Birch St., Santa Ana
Price: $2.5 million
Building: office
Square feet: 15,742
Price per square foot: $156
Buyer: Liennette Chung
Seller: Chiang Family Trust & Meehan Family Trust
Broker(s): Eric Smith of Voit Real Estate Services; Lars Platt, Joseph Lising of Marcus & Millichap
Sale
2047 S. Sprague Lane, Anaheim
Price: $1.1 million
Building: apartments
Units: four
Price per unit: $275,000
Buyer: Ronald Willut
Seller: Michael K. Pham and Vanessa N. Tran
Broker(s): Sharon Tran of First Team Real Estate
