Office

SAN DIEGO — Metzler North America has acquired Paseo Del Mar in San Diego for $147.9 million. The three-building complex offers 232,435 square feet of Class A office space. Located at 12255 El Camino Real, the complex features Class A interior finishes, lockers, shower facilities and one level of below-grade executive parking. Lynn LaChappelle, Bob Prendergast, John Nesbitt and Ryan Dunigan of Jones Lang LaSalle represented the seller, KBS Realty Advisors, in the transaction.

AGOURA HILLS, CALIF. — Holualoa Realty Advisors has completed the disposition of a 61,000-square-foot industrial building, which is located at 28720 Roadside Dr. in Agoura Hills. Shamrock Plaza LP purchased the property for $12 million. At the time of acquisition, the property was leased to a variety of tenants, including legal professionals, financial services and investment industries. Bruce Frasco with NAI Capital and Tom Specker of Lee & Associates represented the seller; Frasco also represented the buyer in the transaction.

PORTLAND, ORE. — Portland-based Guardian Management LLC, through a newly formed corporation, will acquire the Southern California and Arizona offices of Sperry Van Ness. With the acquisition, Guardian will hold the development and franchise rights for Sperry Van Ness in Southern California, Arizona and Oregon; and the company’s president, Tom Brenneke, will become a member of the Sperry Van Ness board of advisors. The transaction is slated to close no later than August 29. The purchase includes seven regional offices in Southern California and one office in Phoenix, totaling 190 commercial real estate advisors. Guardian is planning to expand Sperry Van Ness’ presence in Oregon and Arizona.

EL SEGUNDO, CALIF. — Trio Pacific LLC has completed the disposition of a six-story office building, which is located at 2401 El Segundo Blvd. in El Segundo. TA Associates Realty purchased the 103,252-square-foot property for $24.5 million. The building houses an elite roster of defense- and aerospace-related tenants, including Aerospace Corp., Mitre and Lockheed Martin. Michael Ross, Fred Cordova and Douglas Brawn of Colliers International’s Torrance, Calif., office represented both parties in the transaction.

BURBANK, CALIF. — Point. 360, a full-service audio and video facility, has acquired a 31,317-square-foot building in Burbank for $8 million. Point. 360 has been leasing the property, which is located at 1122 and 1133 N. Hollywood Way, from Hollywood Way Office Ventures LLC for the past 10 years. Stacy Vierheilig-Fraser, Stella Kanyan and Eugene Page of Charles Dunn Company’s Studio City, Calif., office represented both parties in the transaction.