2 Buildings in Irvine Bought for $77 Million

Japanese-owned World Trade Center Building Inc. sold two Irvine office buildings to a Glendale pension fund advisor for $77 million.

American Realty Advisors bought office buildings with a combined total of 331,000 square feet of space at 18201 and 18401 Von Karman Ave.

World Trade, based in Tokyo, bought the five- and 11-story towers 14 years ago, said Michael Kane, one of the CB Richard Ellis brokers who represented the seller.

The buildings are 90% occupied by such tenants as Wells Fargo Bank, California First National Bancorp and Pulte Homes Inc.

-- Roger Vincent