EL SEGUNDO, CALIF. — A 32,980-square-foot Los Angeles Military Entrance Processing Station (MEPS) has been completed by Mar Canyon Grand LLC in El Segundo, and the United States Department of Defense has taken occupancy. Located at 1776 E. Grand Ave., the facility features general office space, medical office and lab space, a state-of-the-art medical diagnosis and testing facility, classrooms, food service, meeting and ceremony rooms. Mar Ventures, Mar Canyon Grand LLC's managing member, constructed the LA MEPS facility for LEED certification.
Western
ROSEVILLE, CALIF. — TRI Commercial Real Estate/CORFAC International has represented N Solar Inc. in the 10-year lease of 117,000 square feet at McClellan Business Park, the 16-million-square-foot master-planned development on the site of the former McClellan Air Force Base north of Sacramento. TRI’s Rick Phillips and Rob Mora represented the international solar manufacturer in the transaction.
LOS ANGELES — In partnership with Morgan Stanley Real Estate Investing, Kearny Real Estate Co. has sold a three-story, 183,400-square-foot office building to Kaiser Foundation Health Plan, a unit of Kaiser Permanente. The transaction completes the sale of the 13-building, 42-acre Kearny South Bay Business Park, the former site of the U.S. headquarters for Nissan North America. CB Richard Ellis’ John Ayoob represented the Kearny-led partnership in the transaction, and Steve Solomon of Jones Lang LaSalle represented the Kaiser Foundation.
HAYWARD, CALIF. — Jones Lang LaSalle has completed Eastshore Energy LLC’s sale of a more than 100,000-square-foot vacant manufacturing building, located at 25101 Clawiter Road in Hayward, to Oakland, Calif.-based Aaron Metals. Terms of the transaction were not disclosed. Built in 1965 and expanded in 1975, the concrete tilt-up building was purchased in September 2006 by the seller, which was represented by Jones Lang LaSalle’s Kevin Ahaesy and Jason Ovadia in the disposition.
HAWTHORNE, CALIF. — Hodgdon Group Realty has represented Ashley Furniture Industries in the acquisition of a 33,952-square-foot former Circuit City building located at 14600 Ocean Gate Ave. in Hawthorne. The purchase price was not disclosed. Assisted by CB Richard Ellis’ Scott Kaplan, Aaron Hodgdon represented Ashley Furniture in the purchase, and CBRE’s Richard Rizika represented the sellers, New York City-based WhiteFire Capital LLC and Dallas-based Tabani Group.
PHOENIX — Cassidy Turley BRE Commercial has negotiated Presson Corp.’s acquisition of the 236,883-square-foot Martin Van Buren Commerce Park in Phoenix. The Arizona-based private-investment company purchased the six-building, multi-tenant industrial complex, located at 301-502 N. 37th Drive and 3740 W. Van Buren, from ProLogis. Cassidy Turley’s Steve Lindley, Bob Buckley and Tracy Cartledge represented the buyer in the transaction; ProLogis was represented internally.
MURRIETA, CALIF. — Kraus-Anderson Construction Co. has begun construction of Murrieta Healthcare Investors LLC’S $17.8 million medical office building in Murrieta. Located on the campus of the $211 million, 106-bed Loma Linda University Medical Center Hospital, also currently under construction, the five-story, 160,000-square-foot building will accommodate offices for more than 60 physicians.
FULLERTON, CALIF. — Colliers International has negotiated the $12.25 million purchase of a 198,020-square-foot industrial property, located at 1424 S. Raymond Ave. in Fullerton, by South Coast Transportation and Distribution. The property consists of three industrial buildings situated on 14.9 acres of land. Colliers’ Clint McMorris and Lary Carlton represented the Los Angeles-based buyer in the transaction, and Grubb & Ellis’ Jeff Read and Greg Osborne represented the seller, Newport Beach, Calif.-based Western Realco.
ENCINITAS, CALIF. — Shouha Investments Inc. has brokered the sale of the 45-unit Quality Inn & Suites North Coast located on Hwy. 101 in Encinitas. Both buyer and seller were represented by Shouha. Located within walking distance of Moonlight Beach, the property also offers guests an oversized outdoor Whirlpool spa.
SEATTLE — Gramor Development Washington has purchased Tyee at Green Lake, the stalled, partially completed, 4-story mixed-use project that will consist of 24 residential apartment units and 3,900 square feet of commercial space. The site at 7201 Aurora Ave. North once held Seattle’s landmark Twin Teepees restaurant. Contractor RedHawk Group will complete the project; the residential component is scheduled to be available for lease in June.