Sales and leases of offices, industrial buildings, retail space and apartments
SALE
The Veranda Apartment Homes, a nine-building complex in Fullerton, recently sold for $20.4 million, or $159,375 per unit.
The property—located at 140 W. Hill Ave.—has 128 units, most of which have two bedrooms.
Brett Betzler of Moran & Co. represented the sellers, Fifth Street Realty Partners in Manhattan Beach and New York-based Angelo, Gordon & Co. No brokers represented the buyer, The Bascom Group LLC.
SALE
770 Roosevelt Ave., Irvine
Price: $1.34 million
Building: office
Square feet: 4,960
Price per square foot: $270
Buyer: H U Wellness Link Corp.
Seller: Bacchus Development Co.
Brokers: Torry Lozano of Bacchus Development Co.
SALE
287 16th Place, Costa Mesa
Price: $2.3 million
Building: apartments
Units: eight
Price per unit: $287,500
Buyer: Edward Smith
Seller: Bradford L. Kuish
Brokers: Jerry Damaschino of Seaside Financial Services; Shane McConnell of Marcus & Millichap Real Estate Investment Services
SALE
111 Palm St., Newport Beach
Price: $1.93 million
Building: retail
Square feet: 5,388
Price per square foot: $358.20
Buyer: Orka LLC
Seller: Lone Oak Fund LLC
Brokers: Michael Woolbright, Michael Lawrence, David Black of Marcus & Millichap
LEASE
1547 S. State College Blvd., Santa Ana
Space: 60,160 square feet
Building: industrial
Terms: six years; undisclosed
Tenant: The Associated Landscape & Display Group
Landlord: Seaward LLC
Brokers: Troy Williams of Grubb & Ellis Co.; Andy Friedman of Industrial Properties
SALE
2201 E. Cerritos Ave., Anaheim
Price: $8.37 million
Acres: 10.47
Price per acre: $800,000
Buyer: Penwood Real Estate Investment Management, Western Realco
Seller: Neville Chemical Co.
Brokers: Jeff Read, Greg Osborne of Grubb & Ellis
SALE
9131 Adams Ave., Huntington Beach
Price: $2.49 million
Building: medical
Square feet: 7,098
Price per square foot: $350.10
Buyer: Mark Doyle
Seller: Michael M. Khatibi
Brokers: Allen Basso, David Romero of Lee & Associates Commercial Real Estate Ser-vices; Bryan Lysne of Lee & Associates ISG
