Sales and leases of offices, industrial buildings, retail space and apartments
SALE
Westminster’s Redevelopment Agency paid $9.4 million for a 102,000-square-foot industrial building at 15172 Goldenwest Circle near Bolsa Avenue and the San Diego (I-405) Freeway. The city plans to use the site as a shooting range and for evidence storage for its police department. The building previously housed local operations of Universal Building Products, a maker of concrete and other construction products that went out of business. The company had sales and manufacturing operations in Westminster for nearly a decade. The city bought the building from Cornerstone Real Estate Funds for about $91 per square foot. Cornerstone was represented by Jeff Read of Grubb & Ellis Co. The city represented itself.
SALE
2400 Pullman St., Santa Ana
Price: $2.5 million
Building: industrial
Square feet: 21,639
Price per square foot: $114
Buyer: Omar Deen
Seller: Main and Imperial LLC
Brokers: Wade Tift, Tom West, G&E; Jeff Arcuri, John Gessford, First Team Commercial; Yvonne Gilon, Coldwell Banker Commercial
SALE
337 W. Freedom Ave., Orange
Price: $4.1 million
Building: industrial
Square feet: 49,515
Price per square foot: $82.80
Buyer: Mission Plaza Properties Ltd.
Seller: Thomas, Jennifer Brooks
Brokers: Chris Migliori, Daum Commer-cial; Rob Socci of Voit Commercial Real Estate Services
SALE
830 W. Williamson Ave., Fullerton
Price: $1.7 million
Building: industrial
Square feet: 15,696
Price per square foot: $108
Buyer: Williamson Industry LLC
Seller: Linda L Horton Trust
Brokers: Bryan Miller, Jim Snyder, Scott Smith, Justin Smith with Lee & Associ-ates Commercial Real Estate Services Inc.
LEASE
20 Executive Park, Irvine
Space: 28,000 square feet
Building: office
Terms: $6 million, 10 years
Tenant: LSA Associates Inc.
Landlord: Irvine Company
Broker: Ralph Simmonds, Simmonds Realty Group; Rick Wandrocke, Irvine Co.
LEASE
6475 Knott Ave., Buena Park
Space: 3,250 square feet
Building: industrial
Terms: five years; value undisclosed
Tenant: Fastenel Co.
Landlord: VSW Investments
Broker: Brett Swartzbaugh of Cushman & Wakefield Inc.; Rob Leiter of Lee & Associates
SALE
7020 Scholarship Drive, Irvine
Price: undisclosed
Building: retail, commercial condo
Square feet: 1,448
Price per square foot: undisclosed
Buyer: undisclosed
Seller: Greenlaw Partners Inc.
Brokers: Carlos Lopez, Edward Hanley, Hanley Investment Group Real Estate Advisors
