LEASE
Chesapeake, Va.-based Dollar Tree Inc. leased a 13,295-square-foot retail space at 17876 Newhope St. in Fountain Valley. During the recession, budget stores like Dollar Tree were one of the few retailers to see growth. Today, there are 3,591 Dollar Tree stores in 48 states. The new store will be Dollar Tree’s 13th in Orange County. It will move in May 1. The retailer joins adjacent stores Costco, Big Lots, Souplantation and Starbucks. Terms of the lease weren’t disclosed. John Beaney of Studley Inc. represented Dollar Tree. Mark Baziak and Terrison Quinn of Grubb & Ellis Co. represented landlord Burnham USA Equities.
SALE
101 W. Marquita, San Clemente
Price: $3.9 million
Building: apartment
Units: 30
Price per unit: $128,333
Buyer: Tian Family Trust
Seller: Morehouse Family Trust
Brokers: Aaron Bove, Shane McConnell, Tyler Leeson of Marcus & Millichap Real Estate Investment Services Inc.
SALE
23700 and 23720 Via Del Rio, Yorba Linda
Price: $3 million
Building: industrial
Square feet: 26,334
Price per square foot: $114
Buyer: Wildfun Investments LLC
Seller: LSPS Properties LLC
Brokers: Associated Commercial Brokers; Chris Migliori of Daum Commercial Real Estate
Services
SALE
9882-9892 Belfast Drive, Garden Grove
Price: $885,000
Building: apartment
Units: 8
Price per unit: $110,625
Buyer: Joanne Tonnu
Sellers: Maurizio and Kath Bonacini
Brokers: Anthony Huynh of Century 21; Mike Casagrande of Sperry Van Ness
LEASE
1304 S. Allec St., Anaheim
Space: 11,500 square feet
Building: industrial
Terms: undisclosed
Tenant: Consolidated Electrical Distributors Inc.
Landlord: Ball Road Industrial Park LP
Brokers: Greg Osborne, Brian Chastain of Grubb & Ellis; John Maresca of Bryan Industrial Properties
LEASE
655 Anton Blvd., Costa Mesa
Space: 8,293 square feet
Building: retail
Terms: undisclosed
Tenant: Cortez
Landlord: Maguire Properties Inc.
Brokers: Vanessa Brown, Ian Brown of Grubb & Ellis; Maguire Properties
LEASE
2323 Chapman Ave., Fullerton
Space: 1,500 square feet
Building: retail
Terms: 10 years; $763,000
Tenant: Game Stop
Landlord: Sears & Beard Revocable Trust
Brokers: Ian Furar of California Commercial Partners; Travis Dunn, Cameron Irons of Vanguard Commercial Group
