Sales and leases of offices, industrial buildings, retail space and apartments
LEASE
About 34,000 square feet at Edinger Plaza in Huntington Beach has been leased to Nordstrom Rack, which is part of fashion specialty retailer Nordstrom Inc. of Seattle.
Nordstrom Rack—which will have five locations in Orange County after opening at Edinger Plaza in fall 2012—sells apparel and other merchandise at discounted prices.
Edinger Plaza is at 7490-7664 Edinger Ave. Watt Cos. owns and manages the plaza.
SALE
15011 Beach Blvd., Westminster
Price: $3.85 million
Building: retail
Square feet: 28,406
Price per square foot: $135.53
Buyer: undisclosed
Seller: undisclosed
Brokers: Jeff Arcuri, John Gessford of First Team Commercial; Karine Aslanian of Paramount Real Estate
LEASE
4229 Birch St., Newport Beach
Space: 1,974 square feet
Building: retail
Terms: four years; undisclosed
Tenant: Best Choice Pharmacy
Landlord: Stonewood Birch LLC
Brokers: Mark Joens, Peter Spragg of Colliers International; Mike Sadeghi of Pridemark Group
SALE
20532 El Toro Road, Mission Viejo
Price: $6.5 million
Building: office
Square feet: 52,091
Price per square foot: $124.78
Buyer: Providence Mission Foothills
Seller: Orix Capital Markets LLC
Brokers: Dan Vittone, Alan Pekarcik, Tim Walker of Voit Real Estate Services; Stan Tomer of CBRE
LEASE
1701 W. Sequoia Ave., Orange
Space: 49,000 square feet
Building: industrial
Terms: eight years; $4.7 million
Tenant: National Oilwell Varco
Landlord: Orangewood Partners LLC
Brokers: Karen Munroe, Kevin McNeil of Lincoln Property Co.
SALE
8951 Research Drive, Irvine
Price: $2.01 million
Building: office
Square feet: 9,900
Price per square foot: $203.53
Buyer: private trust
Seller: Riku Investments LP
Brokers: Jeff Cannon of Studley; Steph-en Madigan of Grubb & Ellis
SALE
8945 Research Drive, Irvine
Price: $1.95 million
Building: office
Square feet: 9,900
Price per square foot: $196.96
Buyer: New Era Cap Co.
Seller: Zions First National Bank
Brokers: Hayden Socci, Robert Socci, RJ Socci, Travis Haining, Alton Burgess of Voit Real Estate Services
