Sales and leases of offices, industrial buildings, retail space and apartments
LEASE
Ladera UAC Self Storage LLC recently sold more than 7 acres of land in Ladera Ranch to Strategic Storage Trust Inc. for $20.9 million. The buyer, which also has its headquarters in Ladera Ranch, recently planned to name the 1,000-unit facility SmartStop Self Storage. The property, which totals more than 114,000 square feet, is at 30 Terrace Road. The price per square foot for the self-storage facility is about $183. Strategic Storage is “the fifth public self storage company in the United States and the first self storage REIT in the public non-traded REIT marketplace,” according to its website. There were no brokers who participated in the deal.
SALE
1430 Orangethorpe Ave., Fullerton
Price: $3.9 million
Building: industrial
Square feet: 31,500
Price per square foot: $124
Buyer: New Life Mission Church
Seller: Oliphant Lampson Industrial LLC
Brokers: Michael Hefner, SIOR, Mitchell Zehner, Seth Davenport of Voit Real Estate Services LLC; Simon Yoon, Robin Lee of Venture Commercial Realty
SALE
390 Goddard, building 7, Irvine
Price: $782,040
Building: flex
Square feet: 4,116
Price per square foot: $190.00
Buyer: Silstar Corporation of America
Seller: Warren Kapital Investments
Brokers: Josh Reilly of Lee & Associ-ates; Rich McEvoy of Lee & Associates
LEASE
1600 Dove St., suite 250, Newport Beach
Square feet: 5,510
Building: office
Terms: 5 years; $491,492
Tenant: McKay & Carnahan Inc. Certi-fied Public Accountants
Landlord: 1600 Dove L.P.
Brokers: Josh Reilly, Greg Gill of Lee & Associates; Kem Braswell of Optima Asset Management Services
LEASE
2307 Moore Ave., Fullerton
Square feet: 31,060
Building: industrial
Terms: 5 years; value undisclosed
Tenant: Industrial Distribution Group
Landlord: J. William, Jean Maloney, et al
Brokers: Clyde Stauff, Chris Sheehan of Colliers International Property Consultants Inc.
LEASE
2 Executive Circle, Suite 175, Irvine
Square feet: 14,542
Building: office
Terms: $1,371,596.00; 5 years
Tenant: Bonterra Consulting LLC
Landlord: Irvine Company
Brokers: Josh Reilly of Lee & Associ-ates; Scott Tippett of the Irvine Company
LEASE
9400 Toledo Way, Irvine
Square feet: 32,649
Building: industrial
Terms: $1.5 million; years undisclosed
Tenant: FlexEnergy
Landlord: Meehan Holdings LLC
Brokers: John Griffin, Todd Hergesell of Voit Real Estate Services LLC; Barry Saywitz with the Saywitz Co.
