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REAL ESTATE DEALS – April 22, 2013

Sales and leases of offices, industrial buildings, retail space and apartments


LEASE

Santa Ana-based law firm Hart, King & Coldren recently signed a lease at 4 Hutton Centre Drive at the Lakeside Tower in Santa Ana.

The company will occupy 15,249 square feet at the office in June, according to data service provider CoStar Group Inc.

The lease’s length is six years.

Brokers involved in the deal included CBRE Group Inc.’s Rickey Warner, Peter Wells and Simon Dillon, as well as John Collins, Gary McArdell and Scott Bellizzi of Lee & Associates Commercial Real Estate Services Inc.

Warner, Wells and Dillon represented the landlord. Collins, McAr-dell and Bellizzi represented the tenant.

The landlord was undisclosed.


SALE

8 Thomas, Irvine

Price: $2.9 million

Building: manufacturing

Square feet: 18,640

Price per square foot: $154

Buyer: Families Forward Inc.

Seller: John Ohanesian

Broker(s): Steve Economos, Geoffrey DeWolf of Jones Lang LaSalle


LEASE

2475 N. Tustin Ave., Orange

Space: 5,301 square feet

Building: office

Terms: 64 months; cost undisclosed

Tenant: MCA Finance LLC

Landlord: Best California Gas

Broker(s): Jim Hawkins, Phil Fridd of Lee & Associates; Bart Bean of Bean & Co.


SALE

7375 Ninth St., Buena Park

Price: $4.8 million

Building: apartments

Units: 34

Price per unit: $141,912

Buyer: undisclosed

Seller: undisclosed

Broker(s): Jonathan Mitchell, David Yeh, Tyler Leeson of Marcus & Millichap


SALE

4001 W. Carriage Drive, Santa Ana

Price: $2.6 million

Building: industrial

Square feet: 18,879

Price per square foot: $138.50

Buyer: Harbor Wholesale Electric Inc.

Seller: Gaylord Whipple

Broker(s): Dave Desper, Chip Wright, Nick Spatafore of CBRE Group; Greg Velastegui of Voit Real Estate Services Inc.


SALE

1631-1645 Tustin Ave., Costa Mesa

Price: $4 million

Building: apartments

Units: 14

Price per unit: $282,143

Buyer: Cm Tustin LLC

Seller: Monitor Investments LLC

Broker(s): Peter Sahin of Monitor Realty


LEASE

6590 Darin Way, Cypress

Space: 63,016 square feet

Building: industrial

Terms: 98 months; cost undisclosed

Tenant: Sika Sarnafil

Landlord: Cypress Land Co.

Broker(s): Sam Chu of CBRE Group; Clyde Stauff of Colliers International

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