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Real Estate Deals

Sale

Avalon Medical Association sold a medical building to Dr. Jon Yamane Optometrist for $1.4 million, or $585 per square foot.

The 2,400-square-foot property is at 1545 Nutmeg Place in Costa Mesa.

The seller sold the building, which underwent renovations to the interior and exterior, to downsize its business, and the buyer will operate his medical practice there, according to CoStar Group.

John Manion of NAI Capital represented the buyer, and John Bral of Bral Realty Advisors Inc. represented the seller.

Sale

450 S. Ranch View Circle, Anaheim

Price: $1.2 million

Building: apartments

Units: three

Price per unit: $390,000

Buyer: Richard Tseng

Seller: Von Muller Trust

Broker(s): Jason Lin, David Lin, Edward Pan of Marcus & Millichap

Sale

2024 N. Broadway, Santa Ana

Price: $2.9 million

Building: office

Square feet: 18,930

Price per square foot: $154

Buyer: Big Tree Investments Inc.

Seller: Xuejiang Li

Broker(s): Kevin Low of GTL Investment; Anthony Ying of SVN | Vanguard Commercial Real Estate Advisors

Sale

29801 Santa Margarita Parkway, Rancho Santa Margarita

Price: $4.2 million

Building: office

Square feet: 13,875

Price per square foot: $303

Buyer: Cotti Foods Corp.

Seller: Warren Family Ministry

Broker(s): Drew Sanden of Newmark Knight Frank; Brian Cole of CBRE Group Inc.

Sale

2000-2010 W. Lincoln Ave., Anaheim

Price: $1.6 million

Building: retail

Square feet: 7,145

Price per square foot: $221

Buyer: DP Linebase Investments LLC

Seller: Saeid and Noulifar Hariri

Broker(s): Saeid Hariri; Ahmed Khalil of Khalil Real Estate

Sale

1581-1587 N. Main St., Orange

Price: $7.2 million

Building: warehouse

Square feet: 39,661

Price per square foot: $180

Buyer: Rexford Industrial Realty LP

Seller: Main Street Warehouse LP

Broker(s): N/A

Sale

1441-1445 S. Sunkist St., Anaheim

Price: $7.5 million

Building: manufacturing

Square feet: 40,114

Price per square foot: $187

Buyer: Western Realco

Seller: Rumbles Family Trust

Broker(s): Keith Greer of CBRE Group

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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