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Real Estate Deals

Sale

Nan-Hsing Cheng sold an industrial building in Placentia to Dayton Family Trust for $2.7 million, or $134 per square foot.

The 20,087-square-foot building is at 580 S. Melrose St.

Dayton Family Trust will use the property for a food-flavoring business, according to real estate brokerage firm Voit Real Estate Services Inc.

Brokers involved in the deal included Voit’s Morgan Hill, Mike Vernick, and Mike Hefner, as well as Scott Read of Newmark Grubb Knight Frank.

Hill, Vernick and Hefner represented the seller, while Read represented the buyer.

Sale

3 Peters Canyon Road, Ste. 100, Irvine

Price: $1.1 million

Building: industrial

Square feet: 3,651

Price per square foot: $297

Buyer: Pona Properties LLC

Seller: Canyon Leasing LLC

Broker(s): Daniel Jung of Coldwell Banker Commercial; Matt Christensen, Steve Wagner of JLL

Sale

5520 Trabuco Road, Irvine

Price: $4.6 million

Building: office

Square feet: 11,700

Price per square foot: $393.16

Buyer: Silver Creek Investment Management Inc.

Seller: Robert R. Redwitz & Co.

Broker(s): Ali Hawthorne, Robert Thagard, Evangelo Karantonis of Orion Property Partners Inc.

Sale

1507 W. Yale Ave., Orange

Price: $3.5 million

Building: office

Square feet: 17,544

Price per square foot: $200.01

Buyer: Affordable Hsng

Specialists Group

Seller: Thomas Aievoli

Broker(s): undisclosed

Sale

26700 Towne Centre Drive, Ste. 120, Foothill Ranch

Price: $775,770

Building: medical condominium

Square feet: 2,722

Price per square foot: $285

Buyer: Tibor Kelemen

Seller: Boureston Development

Broker(s): Matthew Turcutto of Wind Water Realty Advisers; Garth Hogan, John Scruggs, Ryan Clark of Newmark Grubb Knight Frank

Lease

49 Discovery, Ste. 200, Irvine

Space: 7,000 square feet

Building: office

Terms: 1.5 years; $157,000

Tenant: Prescribe Wellness LLC

Landlord: GXS Inc.

Broker(s): Russ Smith of Wind Water Realty Inc.; Keith Black of CBRE

Group Inc.

Sale

9891 Irvine Center Drive,

Ste. 120, Irvine

Price: $577,824

Building: office condominium

Square feet: 1,248

Price per square foot: $463

Buyer: TM Investment LLC

Seller: Kim Family

Broker(s): Tibor Kelemen, Travis Forster of Wind Water Realty Advisers

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