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REAL ESTATE DEALS – July 22, 2013

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


SALE

The Realty Associates Fund VI LP recently sold the Ball Road Business Park property for nearly $9.8 million to Providence Capital Speed Fund in Anaheim.

The 114,984-square-foot property is at 701-741 E. Ball Road.

The industrial park was about 82% occupied when it was sold, according to Canada-based real estate brokerage Avison Young Inc.

Brokers involved in the deal included Avison’s Dan Vittone and Alan Pekarcik, as well as Stan Tomer of CBRE Group Inc.

Vittone and Pekarcik represented the seller, while Tomer represented the buyer.


SALE

15592 Computer Lane,

Huntington Beach

Price: $1.9 million

Building: Huntington Beach

Square feet: 14,065

Price per square foot: $136

Buyer: family trust

Seller: undisclosed

Broker(s): Ted Sawyer of Lee & Associates Commercial Real Estate Services Inc.


SALE

2727 S. Shannon St., Santa Ana

Price: $1.8 million

Building: industrial

Square feet: 10,488

Price per square foot: $168

Buyer: RG Real Properties LLC

Seller: Coranda Partners LLC

Broker(s): Greg Velastegui of Voit Real Estate Services


LEASE

15707 Rockfield Blvd., Irvine

Space: 4,902

Building: office

Terms: length undisclosed; $300,153

Tenant: Mavaro Solutions

Landlord: ISOP Associates

Broker(s): John Manion of NAI Capital


SALE

2907-2977 S. Croddy Way, Santa Ana

Price: $4.2 million

Building: industrial

Square feet: 30,528

Price per square foot: $137.58

Buyer: WL Investments Inc.

Seller: undisclosed

Broker(s): Dan Vittone, Alan Pekarcik of Avision Young; John Griffin, Max Wang of Voit Real Estate Services


LEASE

13422 Newport Ave., Suite G, Tustin

Space: 1,159

Building: medical

Terms: length undisclosed; $165,331

Tenant: Dr. Greg Kim

Landlord: KAMF Tustin LLC

Broker(s): Bob Bush, John Bosko of NAI Capital


LEASE

23181 Verdugo Drive, Suite 103-A, Laguna Hills

Space: 6,826

Building: office

Terms: length undisclosed; $214,609

Tenant: The Residentialist Group

Landlord: Olen Commercial Realty Corp.

Broker(s): John Manion of NAI Capital

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