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REAL ESTATE DEALS – July 9, 2012

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


SALE

Simon Ozkan recently sold an industrial building for $3.3 million to DG Performance.

The 26,033-square-foot space at 4100 E. La Palma Ave. in Anaheim will be fully occupied by DG Performance, according to real estate brokerage Voit Real Estate Services Inc.

Brokers involved in the deal included Voit Real Estate’s Seth Davenport and Mitch Zehner, as well as Derek Paul of Ashwill Associates Inc.

Davenport and Zehner represented the buyer while Paul represented the seller.


LEASE

1964 W. Corporate Way, Anaheim

Space: 16,984 square feet

Building: industrial

Terms: three years; undisclosed

Tenant: Smart Electronics & Assembly Inc.

Landlord: undisclosed

Brokers: Allen Buchanan of Lee & Associates Commercial Real Estate Services Inc.; Tom Dorman of CBRE Group Inc.; Ian Britton of Colliers International


SALE

17570 Brookhurst St., Fountain Valley

Price: $13.75 million

Building: office

Square feet: 121,375

Price per square foot: $113.29

Buyer: The Olson Co.

Seller: Seligman & Associates Inc.

Brokers: Jeffrey Cole, John Gallivan of Cushman & Wakefield Inc.


SALE

3732 E. Coast Highway, Newport Beach

Price: $2.29 million

Building: retail

Square feet: 4,779

Price per square foot: $479.18

Buyer: Commerce Escrow Co.

Seller: John L. Blom Custom Photography

Brokers: James Batlle of Coldwell Banker Commercial NRT; Nathan Holthouser of Marcus & Millichap Real Estate Investment Services


SALE

18231 Irvine Blvd., Tustin

Price: $3.45 million

Building: office

Square feet: 18,226

Price per square foot: $189.29

Buyer: Mitra Fiuzat

Seller: Ricky Warner

Broker: Peter O’Neill of Corporate Realty Solutions


SALE

584 Hamilton St., Costa Mesa

Price: $1.82 million

Building: apartments

Units: 10

Price per unit: $182,500

Buyer: HL Investments

Seller: Show Y. and Paige W. Hsieh

Broker: Alice Ham of Home Team Real Estate Inc.


SALE

506 Irvine Ave., Newport Beach

Price: $1.87 million

Building: apartments

Units: four

Price per unit: $468,750

Buyer: Mark and Sabrina Callin

Seller: Timothy Carr

Broker: Timothy Carr of Coldwell Banker Previews International

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