Sales and leases of offices, industrial buildings, retail space and apartments
SALE
BH&C Properties recently sold an industrial building in Buena Park for $5 million to 6220 Descanso Holdings LLC.
The 45,761-square-foot building is at 6220 Descanso Ave.
The property is a free-standing facility on about 2.4 acres, according to real estate brokerage firm Lee & Associates Commercial Real Estate Services.
Brokers involved in the deal included Justin Smith of Lee & Associates’ Irvine office and Scott Smith in the Phoenix office.
J. Smith and S. Smith represented the seller.
SALE
7142 Chapman Ave., Garden Grove
Price: $4.8 million, Building: industrial, Square feet: 40,840, Price per square foot: $118.14
Buyer: Realty Associates Fund X LP, Seller: Barrett Heritage LLC
Broker(s): Mike Bouma of Voit Real Estate Services
LEASE
4665 MacArthur Court, Newport Beach
Space: 21,158 square feet, Building: retail, Terms: five years; cost undisclosed
Tenant: Wright, Finlay & Zak LLP, Landlord: Irvine Company
Broker(s): John Gallivan of Cushman & Wakefield Inc.; Gargy Gerson, Rick Wandrocke of Irvine Co.
SALE
3526 Westminster Ave., Santa Ana
Price: $802,500, Building: industrial, Square feet: 4,390, Price per square foot: $182.80
Buyer: Stephen J. Schilt, Seller: West Minster Side Holdings LLC
Broker(s): JR Williamson of NAI Capital
SALE
601 and 605 E. Sycamore St., Anaheim
Price: $1.8 million, Building: apartments, Units: 16, Price per unit: $117,188
Buyer: Pawan and Sunita Bagga, Seller: Toby Weisser
Broker(s): Ed Schilf of RE/MAX LLC; Mike Thornton of First Team Real Estate
SALE
23702 Birtcher Drive, Lake Forest
Price: $753,168, Building: office, Square feet: 3,408, Price per square foot: $221
Buyer: Conrad LLP, Seller: undisclosed
Broker(s): Tibor Kelemen of Wind Water Realty Advisers
LEASE
1403 E. Lambert Road, Suites D and E, La Habra
Space: 3,851 square feet, Building: retail, Terms: length undisclosed; $124,772
Tenant: Kidz Spot, Landlord: CA Fund Investment Inc.
Broker(s): Steve Liu, John Bosko, Roger Niez of NAI Capital
