Sales and leases of offices, industrial buildings, retail space and apartments
SALE
The Cypress Meadows Apartments complex, which sits on three-quarters of an acre of land in Anaheim, was recently sold to a private investor. The name of the investor was not disclosed. The two buildings were sold for $2.5 million by a family trust, a sale that works out to about $113,636 per unit. Located at 227 S. Canoga Place, the 22-unit multi-family complex was built in 1963. It mostly has one-bedroom units, with the exception of two units that have two bedrooms each. The broker involved in the deal was Alex Mogharebi of Hendricks & Partners, but no broker represented the buyer.
SALE
1651 Browning Ave., Irvine
Price: $2 million
Building: industrial
Square feet: 15,820
Price per square foot: $126
Buyer: JKJ Holding A LLC
Seller: Todd Schiffman
Brokers: John Griffin of Voit Real Estate Services; Byron Foss of Grubb & Ellis
LEASE
2 Goodyear, suite B, Irvine
Square feet: 43,538
Building: industrial
Terms: five years; $2.4 million
Tenant: IsoTis Orthobiologics
Landlord: KTR Capital Partners
Brokers: Trent Walker, Sam Olmstead of Voit Real Estate Services; CB Richard Ellis
SALE
1210 Roosevelt Ave., building 38, Irvine
Price: $1.3 million
Building: office
Square feet: 4,960 RSF
Price per square foot: $270
Buyer: Elite of Los Angeles Inc.
Seller: BaccHus Development
Brokers: Josh Reilly of Lee & Associates; Torry Lozano of BaccHus Development
SALE
1136-1146 Glenneyre St., Laguna Beach
Price: $1.39 million
Building: office/residential
Square feet: 2,324
Price per square foot: $598
Buyer: Spiers Enterprises
Seller: family trust
Brokers: Peter Grohmann of Coldwell Banker Commercial NRT; Gordon Cowan of Prudential California Realty
SALE
210 W. Vermont Ave., Anaheim
Price: $2.34 million
Building: apartments
Units: 15
Price per unit: $156,000
Buyer: private investor
Seller: Batten Ventures LLC
Brokers: Ken Kelly of Kelly Associates; Rick Applebaum of Morgan-Skenderian Investment RE Group
SALE
5911-5915 Fresca Drive, La Palma
Price: $18.3 million
Building: industrial
Square feet: 292,080
Price per square foot: $63
Buyer: Dexus Property Group
Seller: Fresca Industrial Park LP
Brokers: Luke McDaniel, Cameron Driscoll, Peter Castleton of Voit Real Estate Services
