O.C. Commercial Real Estate
A look at recent commercial leasing and sales activity in Orange County.
LEASES
* American Sporting Goods Inc.
Business: Manufactures Avia running shoes
Address: 1200 Valencia, Tustin
Space: 68,865 sf
Term: 7 years
Value: $2.8 million
Landlord: Calwest, LLC
Lessee broker: Lee & Associates
Landlord broker: Voit Commercial Brokerage
* Heartsavers
Address: 4050 Barranca Parkway, Irvine
Space: 3,221 sf
Term: 10 years
Value: $1 million
Landlord: Glenborough Fund V
Buyer’s broker: Lee & Associates, Irvine Spectrum office
Buyer’s broker: Lee & Associates, Irvine Spectrum office
SALES
* Two retail/office buildings
Address: 444 N. Harbor Blvd., Fullerton
Size: 25,000 sf
Price: $1.3 million
Buyer: Retail West/Norco LLC
Seller: Washington Mutual Bank
Buyer’s broker: CB Richard Ellis
Seller’s broker: CB Richard Ellis
Address: 37 Brookline, Aliso Viejo
Size: 5,640 sf
Price: $1 million
Buyer: 37 Brookline, LLC
Seller: Laboratory Construction Specialists Inc.
Buyer’s broker: Lee & Associates, Irvine Spectrum office
Seller’s broker: Lee & Associates, Irvine Spectrum office
If you would like to submit a commercial sales or leasing transaction for consideration, please mail it to Vicky Clepper, Los Angeles Times, Orange County, 1375 Sunflower Ave., Costa Mesa, CA 92626, or fax it to (714) 966-4562.
