Sales and leases of offices, industrial buildings, retail space and apartments
SALE
Wal-Mart Stores Inc. has leased a 100,000-square-foot building at 88 E. Orangethorpe Ave. in Anaheim with plans to open a store next year. The building formerly housed a Food 4 Less discount grocery store, which moved to nearby site a few years ago. Terms of the Wal-Mart lease were undisclosed. Wal-Mart is set to anchor the shopping center near the Riverside (91) Freeway, joining a Big 5 Sporting Goods, a Sonic fast food restaurant and a Famsa store selling home furnishings. The store is set to be Wal-Mart’s 12th in the county. Wal-Mart plans to operate the store around the clock, joining 24-hour Wal-Marts in Santa Ana, Westminster, Anaheim, Orange and La Habra. Early improvement work is under way at the building.
SALE
202, 210 Hospital Circle, Westminster
Price: $3.2 million
Building: medical office
Square feet: 18,960
Price per square foot: $168
Buyer: Bach Dang Thi Tran
Seller: Med & Commercial LLC
Brokers: Pasha Darvishian of Marcus & Millichap Real Estate Investment Services Inc.
SALE
24800 Chrisanta Drive, Suite 200, Mission Viejo
Price: $650,000
Building: office
Square feet: 3,212
Price per square foot: $202
Buyer: Heinaman Family Trust
Seller: Manfre Family Trust
Brokers: Adam Wicker, Dave Smith and Rob Rader of Lee & Associates
SALE
26801 Aliso Creek Road, Aliso Viejo
Price: $2.3 million
Building: restaurant
Square feet: 3,846
Price per square foot: $598
Buyer: Park Center Square LLC
Seller: BK AV Investments LLC
Brokers: Chris Rodriguez of Pacific Commercial Investments Inc.
SALE
151 Kalmus Drive, Costa Mesa
Price: $9.1 million
Building: office
Square feet: 82,911
Price per square foot: $110
Buyer: Professional Real Estate Services Inc.
Seller: undisclosed
Brokers: Brian Garbutt, Allen Basso of Lee & Associates
SALE
543 to 545 Valencia Drive, Fullerton
Price: $765,000
Building: industrial
Square feet: 10,000
Price per square foot: $77
Buyer: Robert Robinson
Seller: Charles Soderstrom Family Trust
Brokers: Jeff Gahagan and Scott Seal of Lee & Associates
LEASE
11258 Monarch St., Garden Grove
Space: 1,740 square feet
Building: Industrial
Terms: one year; $19,620
Tenant: Rudy Jimenez
Landlord: Burke Monarch Multi LLC
Brokers: Dave Baker of Inco Commercial
