Pacific Peninsula Properties of Torrance bought a...

Pacific Peninsula Properties of Torrance bought a three-story, 55,000-square-foot office building at 1401 N. Tustin Ave. in Santa Ana for $7.4 million from Larmor Development Co. in Anaheim. Grubb & Ellis Co. handled the transaction . . . Felsim Development of Los Angeles purchased a 50,000-square-foot research and development building at 6 Hughes St. in Irvine for $3.85 million from LKN Partnership in Beverly Hills. And Newport Beach developer Lot 6 Ltd. bought a 30,000-square-foot industrial building on 1.5 acres at 1746 W. Katella Ave. in Orange for $1.3 million from Paul J. Toberty of Orange. Coldwell Banker Commercial Real Estate Services handled both transactions . . . AWDEH & Co., Newport Beach, said construction has begun on a four-story, 52,000-square-foot office building it is developing in Irvine called 1770 North Broadway, set to open early next year . . . McCarthy/Pacific of Irvine won the contract to build Morningside of Fullerton Lifecare Retirement Community, a $75-million nursing home and residential complex owned by CoreCare.