O.C. BUSINESS PLUS : O.C. Commercial Real Estate
A look at recent commercial leasing and sales activity in Orange County.
LEASES
Industrial
* Houdini Inc.
Business: Gift basket assembly and distribution company
Address: Bonita Place, 4201 Bonita Place, Fullerton
Space: 233,791 sf
Term: 10 years
Value: $10.5 million
Lessee broker: Tierra West
Landlord broker: Voit Commercial Brokerage
Office
* Kenneth M. Tokita, M.D. Inc.
Business: Radiation therapy and oncology
Address: Sand Canyon Medical and Dental Building, 16100 Sand Canyon Blvd., Irvine
Space: 21,000 sf
Term: 10 years
Value: $5.2 million
Landlord: Boureston Development
Lessee broker: Medical Realty Advisors
Landlord broker: Lee & Associates
SALES
* D.R.C. Development
Business: Operator of self-storage facilities
Address: 14528 Edwards St., Westminster
Size: 3 acres
Price: $1.1 million
Seller: Southdown Inc.
Buyer’s broker: Grubb & Ellis
Seller’s broker: Grubb & Ellis
* Kensington Management Group
Address: 16541 Gothard St., Huntington Beach
Size: 32,000 sf
Price: $2.3 million
Seller: Dotken Engineering
Buyer’s broker: Coreland Carlson
Seller’s broker: Seeley Co.
If you would like to submit a commercial sales or leasing transaction for consideration, please mail it to Vicky Clepper, Times Orange County, 1375 Sunflower Ave., Costa Mesa, CA 92626, or fax it to (714) 966-4562.
