Sales and leases of offices, industrial buildings, retail space and apartments
SALE
Leasco Investments Inc. recently sold an office building at the Bristol Corporate Center in Costa Mesa for $3.4 million to Newport Beach-based commercial real estate investment firm Turner Real Estate Investments.
The 30,165-square-foot property is at 2755 Bristol St.
Turner will renovate the two-story building, according to data service provider CoStar Group Inc.
Brokers involved in the deal included Brian Garbutt and Allen Basso of Lee & Associates Commercial Real Estate Services Inc.
Garbutt and Basso represented the seller and buyer in the transaction.
LEASE
895 Dove St., Newport Beach
Space: 53,036 square feet
Building: office
Terms: five years; $6.9 million
Tenant: Newmeyer & Dillion LLP
Landlord: Glenborough Realty Trust
Broker(s): Ralph Simmonds of Simmonds Realty Group Inc.; John Weiner of CBRE Group Inc.
LEASE
505 S. Main St., Ste. 900, Orange
Space: 23,136 square feet
Building: office
Terms: undisclosed
Tenant: Parsons Brinckerhoff Inc.
Landlord: CRC Real Estate Corp.
Broker(s): Sonya Dopp-Grech of Lee & Associates
SALE
31 Rancho Circle, Ste. 31, Lake Forest
Price: $955,000
Building: manufacturing
Square feet: 6,240
Price per square foot: $153.04
Buyer: Tejwinder S. and Sarbjit Kahlon
Seller: Dunbar Real Estate Investment Management
Broker(s): Chris Migliori of Daum Commercial Real Estate Services; Keith Black, Jeff Carr, Matt Burgner of CBRE Group
LEASE
711 Kimberly Ave., Placentia
Space: 11,494 square feet
Building: office
Terms: five years; cost undisclosed
Tenant: i2Tech
Landlord: undisclosed
Broker(s): Marshal Vogt, Jon Fabiano of Lee & Associates
SALE
3870 E. Eagle Drive, Anaheim
Price: $940,000
Building: warehouse
Square feet: 9,148
Price per square foot: $102.75
Buyer: Meier Plumbing
Seller: D/K Mechanical Contractors Inc.
Broker(s): Paul Gingrich of Daum Commercial Real Estate Services; Sean Ward, Ben Seybold, Shin Kim, Keith Greer of CBRE Group
SALE
3009 E. Chapman Ave., Orange
Price: $627,500
Building: retail fast food
Square feet: 1,336
Price per square foot: $469.69
Buyer: Peter H. Vuong
Seller: Wilbur W. Lorbeer & J B Trust
Broker(s): David Ridgway of Marcus & Millichap Real Estate Investment
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