Sales and leases of offices, industrial buildings, retail space and apartments
LEASE
Zipz System, a maker of shoes with interchangeable zip-on tops, signed a two-year lease for 6,000 square feet at 17855 Fitch in Irvine. The lease is valued at $150,000. The company plans to use the space as an office and warehouse. The deal marks a 3,500-square-foot expansion for Zipz. Karen Sunday of Karen Sunday & Associates Inc. represented Zipzshoes. Landlord Olen Properties Corp. was represented by Maria Meyer. Zipzshoes is known for its interchangeable sneakers that have zippers along the soles for changing out designs. The company sells shoes in the U.S. and more than 25 other countries, including China, Canada, Mexico, Britain, Dubai, and Egypt.
SALE
135 E. Wakefield Ave., Anaheim
Price: $870,000
Building: apartments
Units: seven
Price per unit: $124,285
Buyer: Aranda Properties LLC
Seller: Pham Family Trust
Brokers: Jonathan Mitchell and David Yeh of Marcus & Millichap Real Estate Investment Services
LEASE
14150 Myford Road, Irvine
Space: 15,350 square feet
Building: industrial
Terms: five years; $620,000
Tenant: America Tung Ling Corp.
Landlord: Irvine Company
Brokers: Karen Sunday of Karen Sunday & Associates; Sue Lyle of Irvine Co.
LEASE
26062 Merit Circle, Mission Viejo
Space: 4,100 square feet
Building: research and development
Terms: three years; $180,000
Tenant: Jockimo Inc.
Landlord: Davis Partners LLC
Brokers: Karen Sunday of Karen Sunday & Associates; Jennifer Lee of Davis Partners LLC
LEASE
8949 Irvine Center Drive, Irvine
Space: 6,800 square feet
Building: office
Terms: five years; $500,000
Tenant: Phoenix Energies Technologies
Landlord: Ibar Development LLC
Brokers: Karen Sunday of Karen Sunday & Associates, Jay Mast and Kurt Bruggeman of Lee & Associates
LEASE
3 Corporate Plaza Drive, Newport Beach
Space: 2,400 square feet
Building: office
Terms: five years; $425,000
Tenant: Kevin F Priestley DC Corp. Chiropractic
Landlord: Three Corporate Plaza LP
Brokers: Karen Sunday of Karen Sunday & Associates
SALE
15693 Chemical Lane, Huntington Beach
Price: $458,000
Building: industrial
Square feet: 2,740 square feet
Price per square foot: $167
Buyer: Darren and Winnie Chen and Bruno and Cindy Ni
Seller: Constantine Tuculescu
Broker: David Cox of Cox Commercial
