Shuwa Investments Buys Irvine Commercial Center

Shuwa Investments Corp. of Los Angeles, which has been aggressively buying Orange County property for the last several years, has purchased the Irvine Commercial Center for more than $10 million.

A company spokesman refused to disclose the exact price paid for the two-story building, but said that the deal closed April 1. Shuwa purchased the 63,514-square-foot building from National Capitol Corp. of San Francisco.

The building is leased and occupied by two companies, Circle K Corp. and Rolm Corp., a division of IBM.