Sales and leases of offices, industrial buildings, retail space and apartments
SALE
An $8.5 million industrial warehouse in Santa Ana was recently sold to Rexford Industrial Fund V REIT by the Jerry Monroe Living Trust. The one-story, 122,000-square-foot facility is at 3441 W. MacArthur Blvd. Brokers on the deal were Wade Tift of Grubb & Ellis, who represented the buyer, and Bucky Gillett and Kirstin Emershaw of Gillett Commercial for the seller.
LEASE
5822 Research Drive, Huntington Beach
Square feet: 20,000
Building: industrial
Terms: three years; undisclosed
Tenant: Sanitor Corp.
Landlord: VDAP Properties LLC
Brokers: Greg Diab, Jack Haley of Lee & Associates; Bob Goodmanson of CB Richard Ellis
SALE
941 Calle Negocio, San Clemente
Price: $1.63 million
Building: flex
Square feet: 15,500
Estimated price per square foot: $105
Buyer: Mobilemoney Inc.
Seller: Anthony Ping-Hu and Emily Mei-Ken Pan Trust
Brokers: Peter Loh of Re/Max Realty 100; Mike Cargile of Voit Real Estate Services
LEASE
1826 E. Dawns Way, Fullerton
Square feet: 16,000
Building: industrial
Terms: three years; undisclosed
Tenant: JJ Cores International Inc.
Landlord: James E. Hundley
Brokers: Johnny Eubanks of Lee & Associates; Tad Garabedian of Ashwill Associates
LEASE
1800 E. Wilshire Ave., Santa Ana
Square feet: 26,712
Building: industrial
Terms: five years; undisclosed
Tenant: Microvention Inc.
Landlord: The Realty Associates Fund VII
Brokers: Greg Diab, Jack Haley, Allen C. Buchanan of Lee & Associates; Studley
SALE
321 W. Lambert Road, La Habra
Price: $1.1 million
Building: apartments
Units: nine
Estimated price per unit: $122,222
Buyer: undisclosed outside broker
Seller: private investor
Brokers: Greg Bassirpou of Marcus & Millichap
SALE
1140 N. Lemon St., Orange
Price: $1.6 million
Building: industrial
Square feet: 19,800
Estimated price per square foot: $80
Buyer: Board 5 Investments LLC
Seller: Alber Shirlea Trust
Brokers: Chris Koceman of South Coast GMAC Real Estate; Roger Rhoades of Grubb & Ellis
