Freeway Industrial Park sold an industrial building to Knoll Inc. for $12 million, or $178 per square foot.
The 67,439-square-foot property is at 1361 Valencia Ave. in Tustin.
The buyer plans to refurbish and remarket the property for lease, according to Lee & Associates Commercial Real Estate Services. The purchase was traded into more industrial buildings as part of a 1031 exchange.
Mike Long of Lee & Associates represented the seller, and Mike Hartel of Colliers International represented the buyer.
1150 N. Richfield Road, Anaheim
Price: $2.2 million
Building: flex
Square feet: 10,827
Price per square foot: $203
Buyer: Karim Makarehchi
Seller: Brandon Vargas
Broker(s): Brian Dalton, Jim Potter of PR Properties Inc.
17541 E. 17th St., Tustin
Price: $3.2 million
Building: office
Square feet: 11,064
Price per square foot: $291
Buyer: Sonata Capital LLC
Seller: Lansford & Gonzales LLP
Broker(s): Stan Kwak, Barry Walshe of Voit Real Estate Services
3195 Red Hill Ave., Ste. D, Costa Mesa
Price: $1.8 million
Building: manufacturing
Square feet: 5,962
Price per square foot: $302
Buyer: Jason Orsborn
Seller: Mehran Moatamer
Broker(s): Dan Curtis of Curtis & Associates; Pasha Darvishian, Jon Hauso of Darvishian Investment Group
1231 N. Barsten Way, Anaheim
Price: $1.8 million
Building: flex
Square feet: 6,657
Price per square foot: $274
Buyer: Dafne Le
Seller: Warner Management Company
Broker(s): Pat Delaney, Mark Hintergardt, Bryan Miller of Lee & Associates
2630 Milton Ave., Fullerton
Price: $1.5 million
Building: apartments
Units: four
Price per unit: $365,000
Buyer: Emily and Benjamin Chou
Seller: Dhansukhal Ratanjee
Broker(s): John Yang of IRN Realty
8550 Garden Grove Blvd., Garden Grove
Price: $2.4 million
Building: retail/office
Square feet: 10,224
Price per square foot: $236
Buyer: Toan Q. Tran Trust
Seller: Thong Nguyen and Tuyen Sam
Broker(s): Mia Pham of Lee & Associates
