ORANGE COUNTY BUSINESS : O.C. Commercial Real Estate

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

LEASES

* Plaid Brothers Software

Business: Client and portfolio management software products for brokerage and banking firms

Address: 26 Technology Drive, Irvine

Space: 25,548 sf

Value: $2.5 million

Landlord: Irvine Co.

Lessee broker: Julien J. Studley Inc.

Landlord broker: Irvine Co.

SALES

* Magellan Software Inc.

Business: Developer of enterprise report management, document imaging and work flow products

Address: 8717 Research Drive, Irvine

Size: 20,000 sf

Price: $3.2 million

Seller: Dynamic Builders

Buyer’s broker: Grubb & Ellis, Newport Beach

Seller’s broker: Grubb & Ellis, Newport Beach