Sales and leases of offices, industrial buildings, retail space and apartments
SALE
Newport Beach-based Valcenters recently sold a shopping center in Huntington Beach to Los Angeles-based Sampont Properties LLC for about $13.9 million.
The 31,140-square-foot property is at 17922-18872 Beach Blvd.
The property is anchored by CVS/pharmacy, according to real estate brokerage Hanley Investment Group Real Estate Advisors.
Brokers involved in the deal included Hanley Investment’s William Asher, Eric Wohl and Edward Hanley, as well as Jim Wellbaum of Triwell Properties Inc.
Asher, Wohl and Hanley represented the seller, while Wellbaum represented the buyer.
SALE
23091 Mill Creek Road, Laguna Hills
Price: $2.85 million
Building: office
Square feet: 21,898
Price per square foot: $130.15
Buyer: Athletes First
Seller: Pacific Monarch Resorts Inc.
Broker(s): Michael Salmon of Madison Street Partners; Gary Stache, Pat Scruggs, Anthony DeLorenzo, Jeff Carr, Keith Black of CBRE Group Inc.
LEASE
One Pointe Drive, Brea
Space: 2,158 square feet
Building: office
Terms: length undisclosed; $150,000
Tenant: Edgen Murray Corp.
Landlord: Olen Properties Corp.
Broker(s): Paul Fisher of NAI Capital
SALE
2220 N. University Drive,
Newport Beach
Price: $2.29 million
Building: office
Square feet: 11,600
Price per square foot: $196.98
Buyer: Back Bay University LLC
Seller: D&L Ullman Trust
Broker(s): Gary McArdell of Lee & Associates Commercial Real Estate Services Inc.
SALE
17341 Irvine Blvd., Tustin
Price: $1.22 million
Building: office
Square feet: 10,172
Price per square foot: $119.94
Buyer: General Procurement Inc.
Seller: Mark Wyland
Broker(s): Michael Lawrence, Blake Bokosky of Marcus & Millichap Real Estate Investment Services
SALE
1631 E. Wilshire Blvd., Santa Ana
Price: $1.48 million
Building: industrial
Square feet: 8,895
Price per square foot: $165.82
Buyer: All Access Rentals
Seller: Patagonia Building Supplies Inc.
Broker(s): Chuck Hardy, Jack Haley, Greg Diab of Lee & Associates; Brian Tressen of Martin & Associates LLC
LEASE
500 City Parkway W., Ste. 400,
Orange
Space: 18,858 square feet
Building: office
Terms: undisclosed
Tenant: Reliant Financial
Landlord: undisclosed
Broker(s): Marshal Vogt of Lee & Associates
