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SEAL BEACH, CALIF. — Phil Voorhees, Megan Wood, Patrick Toomey and Barclay Harty of CB Richard Ellis (CBRE) represented Panattoni Development in the disposition of Pacific Gateway Shopping Center in Seal Beach. A foreign investor purchased the 19,474-square-foot property for $12.8 million or $657 per square foot, which reflects a 6.59 percent cap rate. Located at 2311, 2365 and 2399 Seal Beach Blvd., the property is currently leased to Charles Schwab, Subway, Countrywide, Starbucks Coffee and Anytime Fitness.