Sales and leases of offices, industrial buildings, retail space and apartments
SALE
Nissan Motor Acceptance Corp. recently sold a retail building in Rancho Santa Margarita for $4 million to Theory R Properties LLC.
The 80,000-square-foot space is at 29901 Santa Margarita Parkway.
The property was purchased as an investment, and Theory R Properties is marketing the space for lease in a retail-heavy area, according to the CoStar Group Inc. data service.
Brokers involved in the deal included CBRE Group Inc.’s Arthur Flores and Red Snell.
SALE
5162 Oceanus Drive, Huntington Beach
Price: $2.44 million
Building: manufacturing
Square feet: 23,379
Price per square foot: $104.46
Buyer: Pacifiana Properties LLC
Seller: William J. and Frances Moore
Brokers: Greg Diab, Jack Haley of Lee & Associates Commercial Real Estate Services Inc.
LEASE
17291 Mount Hermann St.,
Fountain Valley
Space: 11,300 square feet
Building: industrial
Terms: undisclosed
Tenant: Richards Label Co.
Landlord: Saint Enterprises
Brokers: Johnny Eubanks, Mike Long of Lee & Associates
LEASE
576 Explorer St., Brea
Space: 20,490 square feet
Building: industrial
Terms: three years; undisclosed
Tenant: Puma Cycles Corp.
Landlord: Bland Huffman
Brokers: Luke Hudson of Lee & Associates; Doug Shinoda of Ashwill Associates
SALE
11640 Coley River Circle,
Fountain Valley
Price: $1.03 million
Building: industrial
Square feet: 7,965
Price per square foot: $128.69
Buyer: Cole Instruments Inc.
Seller: Garfield Logan
Brokers: Greg Velastegui of Voit Real Estate Services Inc.; Jeff Gahagan of Lee & Associates
SALE
12681 Morningside Ave., Garden Grove
Price: $1.03 million
Building: apartments
Units: eight
Price per unit: $128,125
Buyer: Rouhollah Zargari
Seller: Edward Kuo
Brokers: Sara Fahami of Realty One Group; Michael Cavner, John Nguyen of Marcus & Millichap Real Estate Investment Services
SALE
830 Roosevelt Ave., Irvine
Price: $2.97 million
Building: office
Square feet: 9,920
Price per square foot: $300
Buyer: Roger C. and Dan F. Armstrong
Seller: Bacchus Development Co.
Brokers: Torry Lozano of Bacchus Development
