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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

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Address: 1200 Valencia, Tustin

Space: 68,865 sf

Term: 7 years

Value: $2.8 million

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Landlord: Calwest, LLC

Lessee broker: Lee & Associates

Landlord broker: Voit Commercial Brokerage

* Heartsavers

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Address: 4050 Barranca Parkway, Irvine

Space: 3,221 sf

Term: 10 years

Value: $1 million

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Landlord: Glenborough Fund V

Buyer’s broker: Lee & Associates, Irvine Spectrum office

Buyer’s broker: Lee & Associates, Irvine Spectrum office

SALES

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* Two retail/office buildings

Address: 444 N. Harbor Blvd., Fullerton

Size: 25,000 sf

Price: $1.3 million

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Buyer: Retail West/Norco LLC

Seller: Washington Mutual Bank

Buyer’s broker: CB Richard Ellis

Seller’s broker: CB Richard Ellis

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Address: 37 Brookline, Aliso Viejo

Size: 5,640 sf

Price: $1 million

Buyer: 37 Brookline, LLC

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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.

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