O.C. Commercial Real Estate A look at recent commercial leasing and sales activity in Orange County.
LEASES
Retail
* Office Depot
Business: Office products
Address: 1120 S. Anaheim Blvd., Anaheim
Space: 28,000 sq. ft.
Term: 15 years
Value: $7.3 million
Landlord: Peninsula Retail Partners LLC
Lessee broker: Pentz & Partners
Landlord broker: Peninsula Retail Partners
Office
* Wesierski & Zurek
Business: Law firm
Address: 1 Corporate Park Drive, Irvine
Space: 13,669 sq. ft.
Term: 7 years
Value: $2.4 million
Landlord: Patrician Associates
Lessee broker: Simmonds Realty Group
Landlord broker: Grubb & Ellis, Newport Beach office
* Commonwealth Energy
Business: Power company
Address: 15991 Red Hill Ave., Tustin
Space: 17,774 sq. ft.
Term: 5 years
Value: $2.45 million
Landlord: Warner Red Hill Associates
Lessee broker: Grubb & Ellis, Anaheim office
Landlord broker: Insignia ESG
SALES
Industrial
* Imperial Sprinkler Supply Inc.
Address: 615 Fee Ana St., Placentia
Size: 22,533 sq. ft.
Price: $1.5 million
Seller: 615 Fee Ana Street Partners LLC
Buyer’s broker: Daum Commercial Real Estate Services, Anaheim office
Seller’s broker: Daum Commercial Real Estate Services, Anaheim office
If you would like to submit a commercial sales or leasing transaction for consideration, please mail it to Vicky Clepper, Times Orange County Edition, 1375 Sunflower Ave., Costa Mesa, CA 92626, or fax it to (714) 966-4562.
