Sales and leases of offices, industrial buildings, retail space and apartments
LEASE
American Vanguard Corp., a publicly traded maker of farm chemicals, renewed and expanded its lease at 4695 MacArthur Court in Newport Beach. The company signed a five-year lease for a floor at the 15-story office building. American Vanguard more than doubled its space from 9,119 square feet to 19,953 square feet. The deal is valued at $2.4 million. American Vanguard makes pesticides. It often picks up chemicals from big companies that don’t want to focus on what they see as smaller product lines. Ralph Simmonds of Simmonds Realty Group represented American Vanguard in the lease. Rick Wandrocke of landlord Irvine Company represented his company.
SALE
2001 E. Dyer Road, Santa Ana
Price: $23.1 million
Building: industrial
Square feet: 366,000
Price per square foot: $63
Buyer: Alliance Commercial Partners, CarVal Investors LLC
Seller: Taylor B. Grant, California Real Estate Receiverships
Brokers: Scott Read, Grubb & Ellis Co.; Bill Welch of California Real Estate Receiverships
SALE
5511 Skylab Road, Huntington Beach
Price: $9.5 million
Building: industrial
Square feet: 80,041
Price per square foot: $119
Buyer: Wave Equity Partners LLC
Seller: Morgan Concepts
Brokers: Wayne Lambert of Colliers International; Patrick Murphy of PLM Realty & Investments
LEASE
2125 E. Katella Ave., Anaheim
Space: 8,229 square feet
Building: office
Terms: undisclosed
Tenant: Edge Mortgage Advisory
Landlord: Bilak Investments
Brokers: Jay Nugent, Curtis Ellmore of Jones Lang LaSalle
LEASE
15607 Beach Blvd., Westminster
Space: 5,184 square feet
Building: retail
Terms: three years, $170,500
Tenant: Tuscan Builders Inc
Landlord: Cellutouch Corp.
Brokers: David Cox, Todd LaPlante of Cox Commercial Inc.; Peter Spragg of Grubb & Ellis
LEASE
2125 E. Katella Ave., Anaheim
Space: 4,121 square feet
Building: office
Terms: four years; value undisclosed
Tenant: PRMG Inc.
Landlord: Bilak Investments
Brokers: Jay Nugent, Curtis Ellmore of Jones Lang LaSalle
LEASE
17871 Santiago Blvd., Villa Park
Space: 583 square feet
Building: office
Terms: undisclosed
Tenant: Charles Stream Farmers Insurance
Landlord: Gudzunas Properties
Brokers: Sonya Dopp-Grech of Lee & Associates Commercial Real Estate Services Inc.
