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REAL ESTATE DEALS – August 5, 2013

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


SALE

James E. Eich Trust of Palm Desert recently sold an apartment community in Huntington Beach for nearly $1.7 million to Surf City Acquisitions LLC of Corona del Mar.

The six-unit apartment community is at 201 16th St.

Brokers included Peter Hauser and Steven Brombal of the Newport Beach office of real estate brokerage Hendricks-Berkadia.


SALE

607 E. Chapman Ave., Fullerton

Price: $579,000

Building: office

Square feet: 1,738

Price per square foot: $333.14

Buyer: undisclosed

Seller: undisclosed

Broker(s): Erik Thompson of Lee & Associates Commercial Real Estate Services; JR Shah of Century 21 Discovery


SALE

4100 N. Bonita Place, Fullerton

Price: $9.7 million

Building: industrial

Square feet: 97,056

Price per square foot: $99.92

Buyer: undisclosed

Seller: undisclosed

Broker(s): Luke Hudson of Lee &

Associates; Tom Dorman, Rick McGeagh, Ben Seybold of CBRE Group Inc.


SALE

9140 Irvine Center Drive, Irvine

Price: $3.2 million

Building: office

Square feet: 9,920

Price per square foot: $320

Buyer: Jab Property Holdings LLC

Seller: Winten Investment Inc.

Broker(s): Tibor Kelemen, Matthew Turcutto of Wind Water Realty

Advisers Inc.


LEASE

2412 S. Birch St., Santa Ana

Space: 5,000

Building: industrial

Terms: length undisclosed; $171,700

Tenant: Expressions Apparel Corp.

Landlord: Alexander Group LP

Broker(s): Steve Moon of NAI Capital


LEASE

17520 Newhope St., Fountain Valley

Space: 4,300

Building: office

Terms: length undisclosed; $161,812

Tenant: Metro Pointe Engineers Inc. and CAB Engineers

Landlord: PACE Advanced Water

Engineering

Broker(s): Robert Sturner of NAI Capital


SALE

830 S. Main St., Santa Ana

Price: $925,000

Building: retail

Square feet: 16,160

Price per square foot: $57.24

Buyer: 109 Vanowen St. LLC

Seller: Citizens Business Bank

Broker(s): Brian Booth of Cushman & Wakefield Inc.; Joe Safran of Star Capital Realty Inc.

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