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REAL ESTATE DEALS – Feb. 25, 2013

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


SALE

El Segundo-based Aici LLC recently sold a single-story research-and-development building in Orange for $6.05 million to DMG Corp.

The 66,821-square-foot building is at 1110 W. Taft Ave.

DMG will use the property as its headquarters, according to data service CoStar Group Inc.

Brokers involved in the deal included Colliers International’s Adam Deierling, Steve Schloemer, Christopher Sheehan and Nicolas Vranka, as well as Allen Buchanan and Stephen Shatafian of Lee & Associates Commercial Real Estate Services Inc.

Deierling, Schloemer, Sheehan and Vranka represented the seller while Buchanan and Shatafian represented the buyer.


LEASE

505 E. Commonwealth Ave.,

Fullerton

Space: 6,000 square feet

Building: office

Terms: undisclosed

Tenant: Sage Behavior Services

Landlord: Sunghi Kim

Broker(s): Travis Dunn, Cameron Irons, Jon Davis of Vanguard Commercial


LEASE

448 W. Katella Ave., Orange

Space: 12,800 square feet

Building: office

Terms: five years; cost undisclosed

Tenant: Elliott Auto Supply

Landlord: Metro Court LP

Broker(s): Chuck Hardy, David Williams, Bret Osterberg of Lee & Associates


SALE

1600 Sunflower Ave., Costa Mesa

Price: $5.25 million

Building: office

Square feet: 36,607

Price per square foot: $143.42

Buyer: MLink Enterprise LLC

Seller: Pacific Premier Bank

Broker(s): Trent Walker of Voit Real Estate Services Inc.


SALE

605 S. East St., Anaheim

Price: $3 million

Building: industrial

Square feet: 49,315

Price per square foot: $60.83

Buyer: McKenna Labs

Seller: The Wilkinson Trust

Broker(s): Allen Buchanan, Bryan Miller of Lee & Associates


SALE

2515 S. Birch St., Santa Ana

Price: $690,000

Building: industrial

Square feet: 6,017

Price per square foot: $114.68

Buyer: Daniel Fraga and Jose Estrada

Seller: George and Maria Hayashi

Broker(s): Todd Martens of Voit Real Estate Services


SALE

970 Glenneyre St., Laguna Beach

Price: $2.25 million

Building: apartments

Units: six

Price per unit: $375,000

Buyer: Isidro and Norma Miramontes

Seller: Donald Crevier

Broker(s): Rick Balzer of Prudential California Realty

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