YUMA, ARIZ. — Marcus & Millichap has presided over the $2.02 million trade of the 7,600-square-foot DaVita Dialysis Center, located at 7179 East 31st Place in Yuma. The single-tenant, net-leased property is situated less than one mile from the 382-acre Cielo Verde master-planned development. Marcus & Millichap’s Jamie Medress, Mark Ruble and Chris Keenan represented both the buyer and the seller, a limited-liability company, in the transaction.
Western
LOS ANGELES — Lee & Associates-LA North/Ventura has managed the $3.1 million trade of a 47,846-square-foot property, located at 5651 Sepulveda Blvd. in the Van Nuys area of Los Angeles. The buyer, Osteon Enterprises LLC, is an orthopedic practice that specializes in spinal injuries. Lee & Associates’ Randy Kobata and Jack Schlaifer represented both the buyer and the seller in the transaction. The San Fernando Valley physician will relocate to and expand his practice at the new site, as well as lease a portion of the new facility to other tenants.
THORNTON, COLO. — Linda K. Gash Family Trust has sold a 19,200-square-foot building and additional land, located at 550 E. 124th Ave in Thornton, to Adams 12 Five-Star Schools for $2.21 million. Cassidy Turley Fuller Real Estate’s Esther Kettering and Chris Ball represented the seller in the transaction, and Kato Mitchell of Keller Williams represented the buyer.
SEATTLE — Marcus & Millichap has presided over the $1.06 million trade of a 10-unit apartment property, located at 5241 15th Ave. NE in Seattle. Constructed in 1926, the multifamily property has an updated electrical system and roof. Marcus & Millichap’s Dan Swanson represented both the limited-liability-company buyer and the private-investor seller in the transaction.
PHOENIX — Voit Real Estate Services has completed the $8.5 million sale of five vacant land lots, totaling 50.58 acres, at Spectrum Ridge within the Deer Valley submarket of Phoenix. Improved to serve as a Class A location for office/flex owners and tenants, the land will be used for both build-to-suit and speculative construction. Voit’s Darren Tappen represented the seller, ATC Realty One LLC, in the transaction, and Jim Keeley at Colliers International represented the buyer, TOF DV Bixby Services LLC.
LAKE HAVASU CITY, ARIZ. —NorthMarq Capital has arranged $4.9 million in first-mortgage financing for the 93,940-square-foot Havasu North Shopping Center located in Lake Havasu City. Major tenants at the center are Big Lots, Staples and Ace Hardware. Secured for the borrower by NorthMarq’s James DuMars and Gregory Benjamin through the Minneapolis-based company’s correspondent relationship with Thrivent Financial, the loan was based on a 10-year term and a 25-year amortization schedule.
SANTA ANA, CALIF. — Lee & Associates has managed the $3.2 million trade of a 46,417-square-foot industrial building located at 1039/1045 4th St. in Santa Ana. David Williams of Lee & Associates Commercial Real Estate Services – Orange represented the seller, Premier Commercial Bank, in the transaction, and Dylan Gormly of Lee & Associates-Irvine represented the buyer, Manser Family Trust.
LOS ANGELES — Newmark Knight Frank has brokered the $9.3 million sale of a 57,000-square-foot warehouse building, located two blocks from Los Angeles International Airport at 5651 West 96th Street. China Airlines Ltd. acquired the facility to accommodate an increase in cargo shipments. Newmark Knight Frank’s Ron Burkhardt, Steve Kolsky, Michael Arnold and Jeff Bhathal represented the seller, Avila 8 LLC, in the transaction, and Michael Tsaparian of Lee & Associates represented the buyer.
SAN DIEGO — Cassidy Turley BRE Commercial has represented Paychex International in its 89-month, $4.6 million lease of office space located at 10150 Meanley Drive within Scripps Ranch Technology Park in northeastern San Diego. The tenant will relocate from its Kearny Mesa office to the 30,425-square-foot Suite 200 in November. Cassidy Turley BRE Commercial’s Dave Odmark and Todd Smith of The Acclaim Group represented both Paychex and the owner, PV Meanley LLC, in the transaction.
SAN DIEGO — ACI Apartments has negotiated the more than $1.4 million sale of a 14-unit apartment building, located at 2165 2nd Ave. in the Bankers Hill area of San Diego. ACI’s Terry Taylor represented the seller, Nanci Bolton, in the all-cash transaction, and Daniel Cote of San Diego Investment Brokers represented the buyer, Ivyments LLC.