56.2 F
Laguna Hills
Saturday, Dec 9, 2023

Real Estate Deals

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

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Previous article
Next article

Featured Articles


Related Articles