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Monday, Oct 2, 2023

Real Estate Deals


Tyler Leeson of Marcus & Millichap’s Newport Beach office had the exclusive listing to market an apartment building in Anaheim on behalf of the seller, a limited liability company. The property sold for $2.9 million to an individual/personal trust, according to the real estate brokerage.

The 16-unit apartment property is at 223-229 E. Clifton Ave. and sold for $178,125 per apartment unit.

Leeson represented the seller, and Mark Bridge of Marcus & Millichap represented the buyer.


18218 McDurmott E., Ste. A, Irvine

Space: 4,040 square feet

Building: office

Terms: 39 months; cost undisclosed

Tenant: Luna Sciences Corp.

Landlord: PRISA Main and Redhill LLC

Broker(s): Doris Bolton of Parker Commercial Brokerage Co.; Suzanne Richie of NAI Capital


1721 N. Lime St., Orange

Space: 10,000 square feet

Building: industrial

Terms: 37.5 months; $282,287

Tenant: Perfect Circle Inc.

Landlord: Excell Excavating Inc.

Broker(s): Chuck Wilson, Brian Chastain of Colliers International; Kevin Jones of JLL


3520 W. Savanna, Anaheim

Price: $5.9 million

Building: apartments

Unit: 28

Price per unit: $209,821

Buyer: undisclosed

Seller: undisclosed

Broker(s): Pat Swanson, Brett Bayless of Swanson Apartment Team-Colliers International


2201 Dupont Drive, Irvine

Space: 1,906 square feet

Building: office

Terms: five years; $200,000

Tenant: Superior Talent

Landlord: TR Dupont Centre

Broker(s): Andy Batcheller of NAI Capital


2200 W. Orangewood Ave., Orange

Space: 4,021 square feet

Building: office

Terms: four years; $300,000

Tenant: Cambridge Institute

Landlord: PS Business Parks

Broker(s): Brian Childs of NAI Capital, Tim Marchal of Newmark Grubb Knight Frank


111 Main St., Newport Beach

Price: $4 million

Building: retail storefront/residential

Square feet: 8,760

Price per square foot: $456.62

Buyer: Mark Read

Seller: Stephan Lang

Broker(s): Chris Deason of Voit Real Estate Services Inc.

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