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Saturday, Apr 18, 2026

Real Estate Deals

Paul Altieri purchased an office building from Rate-Highway Inc. for $4.6 million, or $455 per square foot.

The 10,000-square-foot property is at 1900 Quail St. in Newport Beach.

Altieri owns Bob’s Watches, which sells and trades Rolex watches. The company relocated from Huntington Beach.

Mike Adams and Chase McElroy of Stream Realty Partners represented the buyer.

Allen Basso and Ryan Harman of Lee & Associates Commercial Real Estate Services represented the seller.

Sale

1950 W. Coast Highway, Newport Beach

Price: $2.4 million

Building: office

Square feet: 2,250

Price per square foot: $1,078

Buyer: Julie Chamberlain

Seller: Burnham USA Equities Inc.

Broker(s): John Pomer, Benjamin Gott of Redwood West

Sale

27765 Santa Margarita Parkway,

Mission Viejo

Price: $9.5 million

Building: retail

Square feet: 24,240

Price per square foot: $390

Buyer: St. Park Ki H. & Linda O. Living Trust

Seller: Anupam Patel

Broker(s): William Kim of Marcus &

Millichap; Samer Khalil of Lucescu Realty

Sale

3206-3208 Avenida Del Presidente, San Clemente

Price: $8 million

Building: apartments

Units: 22

Price per unit: $364,000

Buyer: Clear Sky High Tide LLC

Seller: JAMA Living Trust

Broker(s): Rick Applebaum, Peter Gillin of Morgan Skenderian Investment Real Estate Group

Sale

14502 Del Amo Ave., Tustin

Price: $1.3 million

Building: apartments

Units: four

Price per unit: $325,000

Buyer: Tyson Korkmaz

Seller: David Long

Broker(s): Daniel Blackwell, George Felix of CBRE Group Inc.

Sale

32701-32707 Calle Perfecto,

San Juan Capistrano

Price: $6.7 million

Building: warehouse

Square feet: 28,804

Price per square foot: $233

Buyer: Levering & Hvasta CPAs

Seller: Todd Miller

Broker(s): Dale Camera of Lee & Associates; Brian Cole of CBRE Group

Sale

1901 E. Via Burton St., Anaheim

Price: $3.3 million

Building: warehouse

Square feet: 15,000

Price per square foot: $222

Buyer: Sitton Family Trust

Seller: Tri-Star Plastics Inc.

Broker(s): Sean Ahern, James deRegt of Lee & Associates

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