Sales and leases of offices, industrial buildings, retail space and apartments
LEASE
Streamline Avionics Inc., a manufacturer of electrical components for the airline industry, signed a three-year, $500,000 lease at 17672 Armstrong Ave. in Irvine. The company currently has its headquarters on Reynolds Avenue in Irvine and plans to relocate in March. The new space is smaller and a better fit for current operations, according to Streamline officials. The company said it was attracted to the new building’s high-voltage capacity and ground floor location. The building will require minimal tenant improvements, according to officials. Zach Zanolli of CB Richard Ellis Group Inc. represented Streamline. Steve Wagner of 360 Commercial Partners represented the landlord, Dohn Trempala.
SALE
800 E. Dyer Road, Santa Ana
Price: $2.2 million
Building: industrial
Square feet: 17,668
Price per square foot: $125
Buyer: Samara Real Estate Investment
Seller: Shedd-Silk Properties Inc.
Brokers: Marcus & Millichap Real Estate Investment Services
LEASE
3080 Bristol St., Newport Beach
Space: 18,000 square feet
Building: office
Terms: undisclosed
Tenant: PBS SoCal
Landlord: TA Associates Realty LLC
Brokers: Greg Puccinelli and Jason Lantgen of Grubb & Ellis Co.; Bob Thagard of Orion Property Partners
LEASE
7211 Patterson Drive, Garden Grove
Space: 9,400 square feet
Building: industrial
Terms: three years years; $150,000
Tenant: Ken Morelli
Landlord: AM Interiors Inc.
Brokers: Dave Cox of Cox Commercial Inc.; Ron Channels of Curtis and Associates
LEASE
2980 Red Hill Ave., Costa Mesa
Space: 31,331 square feet
Building: industrial
Terms: undisclosed
Tenant: Ferrari & Maserati of Orange County
Landlord: Adler Family Trust
Brokers: Jeff Gahagan and Frank Adler of Lee & Associates
LEASE
4 Park Plaza, Irvine
Space: 19,000 square feet
Building: office
Terms: undisclosed
Tenant: CompPartners Inc.
Landlord: Irvine Company
Brokers: Greg Puccinell and Jason Lantgen of Grubb & Ellis
SALE
2409 W. 17th St., Santa Ana
Price: $1.3 million
Building: retail
Square feet: 7,000
Price per square foot: $186
Buyer: DJSB Santa Ana LLC
Seller: Mcelhose Family Trust
Brokers: Ron Duong and Joseph Lising of Marcus & Millichap Real Estate Investment Services
