O.C. Commercial Real Estate

L.A. Times Archives

Aug. 24, 1999 12 AM PT

A look at recent commercial leasing and sales activity in Orange County.

LEASES

Office

* Collectors Universe Inc.

Business: Provider of value-added services to the high-end collectibles market

Address: Alton Corporate Center, Santa Ana

Space: 60,000 sf

Term: 8 years

Value: $8.8 million

Landlord: Searles DevCorp and Orix Real Estate Equities

Lessee broker: Lee & Associates, Newport Beach office

Landlord broker: CB Commercial

SALES

* T.A. Associates Realty

Business: Investment group

Address: 725 Town & Country Road, Orange

Size: 88,595 sf

Price: N/A

Seller: Cigna Investment Management

Buyer’s broker: Grubb & Ellis, Newport Beach office

Seller’s broker: Grubb & Ellis, Newport Beach office

* Shaw Industrial Property Services

Business: Developer

Address: Goddard Street, near Irvine Center and Lake Forest drives

Size: 8 acres

Price: $6 million

Seller: Irvine Co.

Buyer’s broker: Seeley Co.

Seller’s broker: Grubb & Ellis, Newport Beach office