NAI CAPITAL NEGOTIATES TWO TRANSACTIONS TOTALING $3.5 MILLION

CALIFORNIA — NAI Capital’s Newport Beach, Calif., office has brokered two deals totaling more than $3.5 million in California. In the first transaction, David Knowlton of NAI Capital and David Bauman of NAI Utah represented the seller, Corporation of the Presiding Bishop of the LDS, in the sale of 4 acres of vacant land, which is located at 10635 N. Woodman Ave. in Mission Hills. Syrian Orthodox Patriarchate of Antioch purchased the property for $2.1 million. Knowlton represented the buyer. In the second transaction, Brian Childs and JR Williams of NAI Capital represented the lessor, 27611 La Paz LLC, in the lease of an 11,045-square-foot industrial building in Laguna Nigel. All Motion Hockey Training leased the property, which is located at 27612 El Lazo, Suite 100, for $1.5 million.