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COMMERCIAL REAL ESTATE
Untitled Page Published: August 13, 2009



AuctionPoint, continued ...

Below are details on the Orange County properties being auctioned in September:

• September 15:  3,774-square-foot flex-industrial condominium located at 1382 Valencia Avenue, Unit J, in Tustin. Turn-key condition, minimum bid $375,000 or $99 per square foot. Brokers: Chris Bates, David Bolt, Andrew Morrow and Matt Christensen of CB Richard Ellis.
• September 16:  7,405-square-foot flex-industrial condominium at 16782 Von Karman Ave., Unit 24, in Irvine. Turn-key condition, minimum bid $715,000 or $97 per square foot. Brokers: Walter Frome and Bill Livesay of Voit Commercial Brokerage.
• September 17:  8,462-square-foot office condominium at 16782 Von Karman Avenue, Unit 12, in Irvine. Turn-key condition, minimum bid: $1,105,000 or $131 per square foot. Brokers: Jeff Chiate, Rick Ellison, Todd Martens and Peter Sowa of Cushman & Wakefield.
• September 18:  9,723-square-foot single-tenant leased investment at 16782 Von Karman Ave., Unit 25, in Irvine.  Minimum bid $1,165,000 or $120 per square foot, with a 12 percent cap rate. Brokers: Gary Stache, Pat Scruggs, John Read and Anthony DeLorenzo of CB Richard Ellis.

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