VOIT REAL ESTATE SERVICES DIRECTS SEVEN TRANSACTIONS TOTALING $11 MILLION
Voit Real Estate Services completes approximately 278,000 square feet of transactions in Orange, Los Angeles, and San Bernardino Counties.
SOUTHERN CALIFORNIA – February 15, 2012 – (RealEstateRama) — Voit Real Estate Services has directed seven transactions in Southern California totaling 277,845 square feet for a total consideration of $11.2 million.
Transaction #1
Trent Walker, a Senior Vice President in Voit’s Irvine office, directed the $2.5 million sale of a 16,240 square-foot indusial property located at 27402 Aliso Viejo Parkway in Aliso Viejo, Calif. Walker represented the seller, Ossur Americas, Inc., a global producer of orthopedics. The buyer was Saddleback Associates.
Transaction # 2
Trent Walker and Gregory Velastegui of Voit’s Irvine office completed the sale of a 40,060 square-foot indusial property in Santa Ana, Calif. for a total consideration of $2.47 million. Walker and Velastegui represented the seller, Harvard 5 Partners, and the buyer, Woogie Investments, Inc. The property is located at 3433 Harvard in Santa Ana, Calif.
Transaction # 3
Keith Kropfl, a Senior Vice President in Voit’s Irvine office, directed the sale of a 48,206 square-foot retail property located at 14515-14598 7th St. in Victorville, Calif. for a total consideration of $2.15 million. Kropfl represented the seller, IPTV-B-L6-144, LLC. The buyer was The JNJ Texas Enterprises, LLC.
Transaction # 4
Skyler Serrano, a Senior Associate in Voit’s Irvine office, directed a new five-year lease of a 151,589 square-foot industrial property located at 1509 Bluff Road in Montebello, Calif. for a total consideration of $1.4 million. Serrano represented the lessee, Truck Terminals Plus, LLC, which plans to use this property to expand its business in the Los Angeles County market. The lessor, Short Line, LLC, was represented by Peter Bacci of Lee & Associates-Commerce, Inc.
Transaction # 5
Paul Caputo, a Vice President in Voit’s Anaheim office, completed a 12,556 square-foot industrial acquisition located at 10540 Ashdale St. in Stanton, Calif. for a total consideration of $1.206 million. Caputo represented the buyer, EZ Nails Inc. The seller was Wanda L. Compton Trust.
Transaction # 6
Brian Williams and Stan Kwak of Voit Real Estate Services’ Anaheim office completed the acquisition of a 6,982 square-foot industrial property for a total consideration of $802,930. The property is located at 1770 Miraloma in Placentia, Calif.
Williams and Kwak represented the buyer in the transaction.
Transaction # 7
Jeff Mitchell and Gil Marrero of Voit’s Irvine office directed the sale of a 2,212 square-foot office property in Newport Beach, Calif. for a total consideration of $675,000. Mitchell and Marrero represented the seller, Shigeru & Yumiko Takada. The buyer was The Kamran Family Living Trust. The property is located at 2072 Orchard Ave. in Newport Beach, Calif.
About Voit Real Estate Services
Voit Real Estate Services is now a 10 office commercial real estate firm that, through its brokerage and asset services professionals working together, provides strategic property solutions tailored to clients’ needs. Combining 40 years of expertise in brokerage, investment advisory, financial analysis, market research, asset management, tenant advisory and property management services, Voit provides clients with forward looking strategies that create value for their assets and portfolios.
Voit is a privately held, debt-free firm that has successfully navigated numerous market cycles since 1971 and currently employs more than 250 people. Voit has owned, developed and managed over 50 million square feet of commercial real estate, participated in $1.4 billion of construction projects and completed over $36 billion in brokerage transaction volume. Further information is available at www.voitco.com
Contact:
Judith Brower/ Jenn Quader
Brower, Miller & Cole
(949) 955-7940
JQuader (at) browermillercole (dot) com