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REAL ESTATE DEALS – September 3, 2012

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


SALE

Lincoln Imports recently sold an industrial property in Placentia for $5.9 million to Classic Performance Products.

The 77,788-square-foot space is at 378 E. Orangethorpe Ave.

Classic Performance plans to use the property for research and development operations, as well as manufacturing and sales, according to real estate brokerage Voit Real Estate Services Inc.

Brokers involved in the deal included Voit’s Mike Vernick and Mike Hefner, as well as Erik Wanland and Sean Ward of CBRE Group Inc.

Vernick and Hefner represented the buyer while Wanland and Ward represented the seller in the transaction.


SALE

15751 Chemical Lane, Huntington Beach

Price: $1.46 million

Building: industrial

Square feet: 11,500

Price per square foot: $127

Buyer: Jones Family Trust

Seller: Joseph J. Johnston Trust

Broker(s): Mike Bouma of Voit Real Estate Services; Joe Sojka of Sojka Nikkel Commercial Realty Group Inc.


SALE

1517 E. McFadden, Ste. C, Santa Ana

Price: $975,000

Building: industrial

Square feet: 7,500

Price per square foot: $130

Buyer: Wael Ibrahim

Seller: Omp Las Palmas LLC

Broker(s): Bucky Gillett, Kirstin Em-ershaw of Gillett Commercial Real Estate Services


SALE

3200 S. Susan St., Santa Ana

Price: $1.1 million

Building: industrial

Square feet: 7,368

Price per square foot: $150

Buyer: US Capital Equipment

Leasing Inc.

Seller: Peter Pulizzi

Broker(s): Greg Velastegui of Voit Real Estate Services


SALE

3240 S. Susan St., Santa Ana

Price: $1.27 million

Building: industrial

Square feet: 8,480

Price per square foot: $150

Buyer: US Capital Equipment

Leasing Inc.

Seller: Peter Pulizzi

Broker(s): Greg Velastegui of Voit Real Estate Services


LEASE

3060 Saturn St., Brea

Space: 6,325 square feet

Building: office

Terms: five years; undisclosed

Tenant: Leader Escrow Inc.

Landlord: Brea Corporate Park

Broker(s): Bob Sattler, Jonmark Fabiano of Lee & Associates Commercial Real Estate Services Inc.; Glenn Hellyer of Glenn Hellyer Real Estate


LEASE

1603-1605 N. Odonnell Way, Orange

Acres: 1.94

Type: land

Terms: five years; undisclosed

Tenant: undisclosed

Landlord: Pamela Padilla Trust

Broker(s): Charles Hardy, Greg Diab, Scott Seal of Lee & Associates

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