O.C. BUSINESS PLUS : O.C. Commercial Real Estate

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

LEASES

Industrial

* Houdini Inc.

Business: Gift basket assembly and distribution company

Address: Bonita Place, 4201 Bonita Place, Fullerton

Space: 233,791 sf

Term: 10 years

Value: $10.5 million

Lessee broker: Tierra West

Landlord broker: Voit Commercial Brokerage

Office

* Kenneth M. Tokita, M.D. Inc.

Business: Radiation therapy and oncology

Address: Sand Canyon Medical and Dental Building, 16100 Sand Canyon Blvd., Irvine

Space: 21,000 sf

Term: 10 years

Value: $5.2 million

Landlord: Boureston Development

Lessee broker: Medical Realty Advisors

Landlord broker: Lee & Associates

SALES

* D.R.C. Development

Business: Operator of self-storage facilities

Address: 14528 Edwards St., Westminster

Size: 3 acres

Price: $1.1 million

Seller: Southdown Inc.

Buyer’s broker: Grubb & Ellis

Seller’s broker: Grubb & Ellis

* Kensington Management Group

Address: 16541 Gothard St., Huntington Beach

Size: 32,000 sf

Price: $2.3 million

Seller: Dotken Engineering

Buyer’s broker: Coreland Carlson

Seller’s broker: Seeley Co.

If you would like to submit a commercial sales or leasing transaction for consideration, please mail it to Vicky Clepper, Times Orange County, 1375 Sunflower Ave., Costa Mesa, CA 92626, or fax it to (714) 966-4562.