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REAL ESTATE DEALS – June 10, 2013

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


SALE

John Bates Associates recently sold an office building in Laguna Hills for $1.2 million to Sambas LLC.

The 6,250-square-foot space is at 22952 Mill Creek Drive.

The building is part of Lake Forest Corporate Park, which consists of 18 buildings, according to data service provider CoStar Group Inc.

Brokers involved in the deal included Southwest Commercial’s Jordan DeMeis and Dennis DeMeis, as well as Adam Wicker, Dave Smith and Matt Fryer of Lee & Associates Commercial Real Estate Services.

Jordan DeMeis and Dennis DeMeis represented the buyer, while Wicker, Smith and Fryer represented the seller.


LEASE

450 W. Katella Ave., Orange

Space: 19,120 square feet

Building: industrial

Terms: 62 years; cost undisclosed

Tenant: Proman Products LLC

Landlord: Metro Court LP

Broker(s): Chuck Hardy, David Williams of Lee & Associates; Wade Tift of Newmark Grubb Knight Frank


SALE

2138 Newport Blvd., Costa Mesa

Price: $500,000

Building: retail

Square feet: 900

Price per square foot: $555.56

Buyer: Tamar Corp.

Seller: undisclosed

Broker(s): Mike Bareh of Teles Properties; Jeff Arcuri, John Gessford of First Team Real Estate


SALE

1920 E. Katella Ave., Orange

Price: $2.4 million

Building: office

Square feet: 24,756

Price per square foot: $98.36

Buyer: undisclosed

Seller: undisclosed

Broker(s): Tom Grant, Brad Gilmer of Lee & Associates


SALE

2210-2220 E. Orangewood Ave., Anaheim

Price: $6.1 million

Building: manufacturing

Square feet: 56,840

Price per square foot: $106.44

Buyer: Marble Express Inc.

Seller: Japos Inc.

Broker(s): Allen Buchanan, David Newton, Mark Larson of Lee & Associates; Steve Crane of Daum Commercial Real Estate Services


SALE

8961 Irvine Center Drive, Irvine

Price: $3 million

Building: office

Square feet: 9,920

Price per square foot: $302.50

Buyer: Michael D. Feddersen Trust

Seller: Mark Robbins Boud and Katherine Jo Boud Trust

Broker(s): Tibor Kelemen of Wind Water Realty Advisers


SALE

9930 Irvine Center Drive, Irvine

Price: $1.6 million

Building: office

Square feet: 4,960

Price per square foot: $315

Buyer: undisclosed

Seller: James McConville

Broker(s): Tibor Kelemen of Wind Water Realty Advisers

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