O.C. Commercial Real Estate

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

LEASES

Office

* T.D. Services

Business: Services trust deeds

Address: Colton Midtown Plaza, 1820 E. 1st St., Santa Ana

Space: 21,222 sf

Term: 5 years

Value: $1.8 million

Landlord: Colton Co.

Lessee broker: Lee & Associates, Orange

Landlord broker: Colton Co.

SALES

Industrial

* Orange Coast Ford Tractor

Address: 1451 S. Manhattan Ave., Fullerton

Size: 22,400 sf on 2.7 acres

Price: $2 million

Seller: Casale Family Trust

Buyer’s broker: Daum Commercial Real Estate Services

Seller’s broker: Voit Commercial

* Alton Irvine Partners

Business: Developer

Address: Northeast corner of Alton Parkway and Hughes in the Irvine Spectrum

Size: 2.4 acres; will develop 43,060 sf flex-tech building on site

Price: NA

Seller: Futaba Corp. of America

Buyer’s broker: Grubb & Ellis

Seller’s broker: Grubb & Ellis

Retail

* Local investor

Business: Investment property

Address: Foothill Center, 20651-20671 Lake Forest Drive, Lake Forest

Space: 19,402

Value: $2.5 million

Seller: Osborn Trust

Buyer’s broker: Sperry Van Ness

Seller’s broker: Sperry Van Ness

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.