Sales and Leases: Other promising updates in...
- Share via
Sales and Leases: Other promising updates in commercial property sales and leases:
* Helionetics Inc., a high-tech company that manufactures medical laser products, signed a five-year, $2-million lease for 70,737 square feet of office and industrial space in Irvine. The building, at Von Karman Avenue and Main Street, is owned by a partnership of the French & McKenna Co. and Aetna Realty Investors.
* Cherokee International, a maker of computer power supplies, bought the 84,000-square-foot Tustin building that it has leased for five years. The Resolution Trust Corp.--conservator of failed savings and loans--seized the building’s owner, Huntington Beach-based Huntington Savings & Loan, in 1990. Cherokee picked it up from the RTC for $4.8 million, said Jay Mast, a broker in the Irvine office of Lee & Associates Commercial Real Estate Services, which represented the computer company.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
