SHERMAN OAKS, CALIF. — Ed Fischer of Hendricks & Partners represented Los Angeles-based Moorpark Premier Properties in the disposition of 15146 Moorpark Street in Sherman Oaks. Santa Monica, Calif.-based 15146 Moorpark Street purchased the 7-unit townhome property for $2.3 million or more than $328,000 per unit.
SAN DIEGO — Stadium View LLC has purchased a 3,772-square-foot lot, which is located at 650 11th Ave. in downtown San Diego, for $1.5 million. The property includes a 9,270-square-foot three-story building that is occupied by Volunteers of America. The land is currently zoned for residential and retail use. Cotton-Ritchie Realtors represented the buyer; Doug Matheson of CB Richard Ellis represented the seller, 650 11th Avenue LLC, in the transaction.
PORTLAND, ORE. — American West Coast Properties has purchased Grant Manor Apartments, a 5-unit multifamily building located at 12650 SW Grant Ave. in Portland. Patrick J & Patricia Hefferman sold the property for an undisclosed price. Naz Parsiani of Bluestone & Hockley Real Estate Services represented the buyer; Bill Marquard of The Hasson Company Realtors represented the seller in the transaction.
CHANDLER, ARIZ. — Austin, Texas-based Capital Commercial Investments has acquired a 512,000-square-foot office/research and development facility, which is located at 2501 S. Price Rd. in Chandler. Situated on 152 acres between Germann and Queen Creek roads, the two-story property, which was the former Motorola campus, sold for an undisclosed price. Luke Walker of CB Richard Ellis’ Phoenix office represented the buyer; Jeff Adkinson of Jones Lang LaSalle represented the seller, Schaumburg, Ill.-based Motorola, in the transaction.
SAN JOSE, CALIF. — Kimberly O’Sullivan has purchased a 43,250-square-foot research and development building, which is located at 1525-1531 Atteberry Lane in North San Jose. Jane S. Roos et al. sold the property, which includes a fenced parking/yard area, for $3.5 million or $81 per square foot. The buyer plans to occupy a portion of the facility. Kevin Sweatt of NAI BT Commercial San Jose and Charles Strouss of GVA Kidder Mathews represented the buyer in the transaction.
PUEBLO, COLO. — Randy Lee of Mumford Co.’s Dallas office represented Motel 6 and Accor Hospitality in the sale of the Motel 6 property in Pueblo. The buyer, Rocky Mountain Lodging, plans to re-brand the hotel to an alternative franchise. The acquisition price was not disclosed.
UNION CITY, CALIF. — RJAN, dba 99 Ranch Market, has acquired a 35,400-square-foot warehouse building for $2.5 million or $71 per square foot. Located at 2821 Faber St. in Union City, the property is adjacent to 99 Ranch Market’s new distribution center. The seller was Diane Davies. Sam Higgins and Tom Damaschino of NAI BT Commercial Oakland, Calif., represented the buyer in the transaction.
ONTARIO, CALIF. — Myers Power Products has acquired a manufacturing, distribution and warehouse facility, which is located at 2950 Philadelphia in Ontario. TA Associates Realty sold the 221,921-square-foot property for $14.6 million. Myers is a manufacturer of electrical switchgear, service pedestals, custom cabinets and enclosures, UPS, and emergency power and emergency lighting systems. Chris Migliori of DAUM Commercial Real Estate Services represented the buyer; Mark Zorn and Tal Siglar, also of DAUM, represented the seller in the transaction.
LAS VEGAS — Conti Properties has acquired an industrial property, which is located at 3965 W. Post Rd. in Las Vegas. Lehigh Nevada Corp. sold the 24,893-square-foot property for $3 million. Brian Riffel of Colliers International – Las Vegas represented the seller in the transaction.
TUCSON, ARIZ. — CB Richard Ellis has brokered four leases at Tri-Pointe Plaza, a 153,000-square-foot office property located at 6367 E. Tanque Verde Rd. in Tucson. David Volk and Bruce Suppes of CBRE’s Tucson office represented the landlord, Los Altos, Calif.-based Tri Pointe Tucson, in the transactions. San Diego-based Sony Online Entertainment signed a 5-year lease for 10,823-square-feet of office space. Bob Davis and Howard Kong of Grubb & Ellis Tucson represented the tenant. Tucson-based Bayada Nurses Inc. signed a 7-year, 5,882-square-foot lease. Dr. Ellen Elchler inked a 7-year lease for 2,660 square feet of space. Additionally, Cory G. Hicks & Associates signed a 5-year, 2,150-square-foot lease. Tom Nieman of PICOR Commercial represented the tenant. Financial terms of the transactions were not disclosed.