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FOUNTAIN VALLEY AND LAGUNA HILLS, CALIF. — Valley Plaza has sold a 33,910-square-foot office development to a 1031-exchange investor for $5.5 million. The two-building property is located at 9550 Warner Ave. and 17050 Bushard St. in Fountain Valley. Encino, Calif.-based NAI Capital’s Steve Economos, George Economos and Geoff DeWolf represented the seller. Cox Commercial’s David Cox represented the buyer.
DeWolf and Steve and George Economos, along with Kurt Hediger, represented Edward Mark in his sale of a 9,340-square-foot office building to Lake Forest Realty for $1.2 million. The property is located at 23030 Lake Forest Dr. in Laguna Hills.