ORANGE, Calif. – September 28, 2016 – Lee & Associates, the largest broker-owned commercial real estate firm in North America, is pleased to announce the completion of multiple sales by the Orange office, totaling approximately 47,813 square feet, located throughout Southern California. The total value of the sales is approximately $9.82 million. Recent transactions include:
- 1891 E. Miraloma Avenue in Placentia, California – 14,500± SF Industrial Building for a Sales Value of $2,900,000. Sold to C&D International, LLC. Pat Delaney, 714-564-7127 & Luke Hudson, 714-564-7154
- 622 Eckhoff Street in Orange, California – 5,999± SF Industrial Building for a Sales Value of $1,031,000. Sold to Hoyong Kim. David Williams, 714-564-7115
- 12 Chrysler at the Spectrum in Irvine, California – 10,973± SF Office/Industrial Building for a Sales Value of $2,680,000. Sold to DZYNE Technologies. Brad Gilmer, 714-564-7165 & Randy Verdieck, 714-564-7128
- 1210 N. Barsten Way in Anaheim, California – 7,013± SF Industrial Building for a Sales Value of $1,465,450. Sold to C&J Commercial Properties, LLC. Bryan Miller, 714-564-7123
- 1200 N. Barsten Way in Anaheim, California – 4,979± SF Industrial Building for a Sales Value of $1,070,485. Sold to Coronado Investors. Bryan Miller, 714-564-7123 & Scott Seal, 714-564-7159
- 1210 N. Jefferson #D in Anaheim, California – 4,349± SF Office Condo for a Sales Value of $682,770. Sold to Jason Choi. Jeff Gahagan, 714-564-7124
After a sluggish start early this year, demand for Orange County office space surged in the second quarter, posting the biggest gain in six quarters, according to Lee & Associates’ 2nd Quarter Market Reports. Lease rates continued to climb in the largest submarkets, keeping the countywide average on pace next year to equal its all-time high.
About Lee & Associates
Lee & Associates – Orange has a team of 50 agents and brokers that have provided expert commercial real estate services in and around Orange County, since 1983. Lee & Associates is the largest broker-owned firm in North America with 52 locations across the U.S. and more than 800 brokers nationwide, providing a wide range of specialized commercial real estate services on a local, regional and national level. For the latest news from Lee & Associates – Orange, visit Lee & Associates – Orange or follow us on Facebook, LinkedIn and Twitter.