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Wednesday, Oct 5, 2022
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REAL ESTATE DEALS

CG Investments LLC paid $2.6 million to Pacific Western Bank for a 9,691-square-foot office building at 33272 Valle Road in San Juan Capistrano. Peter Pistone of InterPres Commercial Realty represented the buyer. Tim Walker, Kent Turner, Dan Vittone and Alan Pekarcik of Voit Real Estate Services represented the seller.

An undisclosed lawyer paid $1.2 million to CDC Small Business Finance for a 4,950-square-foot office condominium at 9880 Research Drive in Irvine. Danette Micholis of Whiting Company Realtors represented the buyer. Erik Thompson, Paul Gingrich and Chris Migliori of Daum Commercial Real Estate Services represented the seller.

LEASES

Fairfax, Va.-based Brookfield Homes Corp. leased 16,009 square feet of office space at 3080 and 3090 Bristol St. in Costa Mesa. The 6-year lease is valued at $2.3 million. George Thomson and Marshal Vogt of Lee & Associates-Orange Inc. represented the tenant. Bob Thagard of Orion Property Partners represented landlord TA Associates.

Master Tile West leased a 16,000-square-foot industrial space at 4920 Landon Drive in Anaheim. The 5-year lease was valued at $700,000. Scott Seal of Lee & Associates represented the tenant. Tom Dorman and Ben Seybold of CB Richard Ellis Group Inc. represented landlord Catellus Operating LP.

Black Diamond Investments leased an 8,527-square-foot industrial building at 1121 N. Hawk Circle in Anaheim. The 5-year lease was valued at $310,000. Rob Leiter of Lee & Associates-Orange. represented the tenant and landlord Alvarez Family Partnership.

HOM Real Estate Group leased 7,214 square feet of office space at 32356 S. Coast Highway in Laguna Beach. The 5-year lease is valued at $1.2 million. Michael Dorsey of Grubb & Ellis Co. represented the tenant and landlord Cole Family Trust.

Lightning Technology leased a 5,582-square-foot flex-tech space at 970 Calle Negocio in San Clemente. The value of the 5-year lease wasn’t disclosed. Mike Johnson of Cresa Partners LLC represented the tenant. Rob Johnston of Johnston Pacific represented landlord Oxford Spectrum LLC.

IPIE Group leased 2,560 square feet of industrial space at 16580 Harbor Blvd. in Fountain Valley. The 2-year lease is valued at $56,125. Dave Bueche of Sperry Van Ness represented the tenant and landlord QB/SCC LLC.

Judy Bourget, a family doctor, leased 1,558 square feet of medical space at 34052 La Plaza Drive in Dana Point. The value of the 5-year lease wasn’t disclosed. Michael Dorsey of Grubb & Ellis represented the tenant and landlord Bettye T. Vaughen 2000 Revocable Trust.

Julie Bishop leased a 1,153-square-foot retail space at 27001 Moulton Parkway in Laguna Niguel. The 3-year lease was valued at $83,000. Dave Bueche of Sperry Van Ness represented the tenant and landlord Western Country Plaza Shopping Center LLC.

IPS Secured of OC leased 900 square feet of office space at 17701 Cowan St. in Irvine. The lease is valued at $15,675. Dale Feldman and Robert Kehiayan of Investment R/E Source Inc. represented the tenant. Gary Marquis of Transtar Commercial Real Estate Services represented the undisclosed landlord.

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