Compiled by Johanne Chou
LEASE
McDermott & Bull, an executive search firm, leased office space at 2 Venture Plaza in Irvine for its headquarters. The company—which has offices throughout California—caters to some of the big industries in Orange County, including technology, financial services, biotechnology and life sciences. The company counts Allergan Inc., Abbott Medical Optics Inc., Western Digital Corp. and Conexant Systems Inc., among others, as clients. The 3-year lease of 5,251 square feet in the 98,607-square-foot building was estimated at more than $400,000, according to the published asking rates. Jeff Manley and Clint Hubbard of Cresa Partners LLC represented the tenant. Muna Abu-Sada of Olen Properties Corp. represented landlord Olen Properties.
SALE
9125 Recreation Circle, Fountain Valley
Price: $4.6 million
Building: motel
Square feet: 26,730
Price per room: $67,000
Buyer: EKBK Inc.
Seller: Vista Hotel Group Inc.
Brokers: Robert Feist of Atlas Hospitality Group
SALE
5776 Rostrata Ave., Buena Park
Price: $1.1 million
Building: apartment
Units: 8
Price per unit: $142,000
Buyer: Terry, Beverly Major
Seller: William Michael Coughlin
Brokers: Grant Hahn of Morgan-Skenderian Investment Real Estate Group
SALE
8111 W. Commonwealth, Buena Park
Price: $1 million
Building: retail
Square feet: 1,272
Price per square foot: $785
Buyer: MNM Photography
Seller: Osscim Inc.
Brokers: Paul Choi of Coldwell Bank Best Realty
SALE
3445 East Coast Highway, Corona del Mar
Price: $2.4 million
Building: retail
Square feet: 4,128
Price per square foot: $581
Buyer: undisclosed
Seller: undisclosed
Broker: Paul Bitonti of Marcus & Millichap Real Estate Investment Services Inc.
LEASE
19732 MacArthur Blvd., Irvine
Space: 6,950 square feet
Building: office
Terms: 7 years, $1 million
Tenant: Elite Education Institute
Landlord: CIP Centerpointe 123 LLC
Brokers: Brian Garbutt of Lee & Associates-Irvine Inc., Josh Reilly of Charles Dunn Co.
LEASE
5251 California Ave., Irvine
Space: 5,172 square feet
Building: office
Terms: 3 years
Tenant: Private Access Inc.
Landlord: Irvine Co.
Brokers: Jeff Manley of Cresa Partners, Jeff Shaw of Irvine Co.
