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naheim – A renovated seven‑unit complex at 201 E Wakefield Ave sold on Oct. 27 for $3.2 million ($457,142 per unit). The seller, DRI Wakefield LLC, was represented by Morgan Skenderian Investment Real Estate Group (Newport Beach). TREK Investment LLC purchased the property. Built in 1964, the 9,436‑sq‑ft, two‑story building houses apartments ranging from two to five bedrooms. Current rents span $2,545 to $3,995, according to the broker.
Santa Ana – On Oct. 3, a 12‑unit apartment building at 609 North Baker St. closed for $3.3 million ($275,000 per unit). Marcus & Millichap handled the transaction for both buyer and seller, whose identities remain confidential. Greg Bassirpou, senior managing director of investments, noted the location’s proximity to Downtown Santa Ana and the Civic Center, and praised the owners’ interior and exterior upgrades. The property contains 12 two‑bedroom, one‑bath units in 8,926 sq ft, with gated entry, a courtyard, 12 enclosed garages, patios, and on‑site laundry.
Orange – Cambra Motor Sports (Cambra Speed Shop) has moved to 675 N Main St., leasing an 11,190‑sq‑ft industrial space. Lee & Associates negotiated a five‑year lease with landlord Western Enterprises LLC; financial terms were not disclosed. The facility offers 4,000 sq ft of office space, 1,500 sq ft of drop‑ceiling production area, and a 13‑ft warehouse clearance. David Williams, principal at the brokerage, highlighted the space’s blend of office, production, and storage in a central Orange County location. The shop specializes in hot‑rod and custom vehicle builds, previously located on W. Angus Ave.
Westminster – A three‑tenant industrial building at 15083‑15091 Weststate St. sold for $2 million on Oct. 17. The 4,272‑sq‑ft, three‑unit property was represented by Lee & Associates for both buyer and seller. Greg Diab, principal at the firm, remarked that the sale underscores the resilience of Orange County’s industrial and commercial market, with high‑quality, multi‑tenant assets attracting long‑term investors.
Corona del Mar – Hanley Investment Group launched its 15th annual Movember fundraiser, themed “Mo’ments in Time,” coinciding with the firm’s 20th anniversary. Since 2011, HIG has raised $400,000 for men’s cancer and health initiatives. President Ed Hanley, whose father died of prostate cancer in 2009, emphasized the personal significance of the campaign. Participants begin clean‑shaven on Nov. 1, grow mustaches throughout the month, and become walking billboards for men’s health. Women, called “Mo Sistas,” also join. For contributions or more information, email [email protected] or visit us.movember.com/team/2234814.
Irvine – Philip Voorhees will leave CBRE’s Retail Capital Markets division at year‑end to join Bison Partners as a partner in 2026. He will oversee acquisitions and capital markets for the firm, which focuses on retail properties across California, Arizona, and Nevada. Bison, founded in 2022 by Brad Rable and Wil Smith (CEO of Greenlaw Partners), aims to acquire and reposition shopping centers in the region. Voorhees currently serves as vice chairman at CBRE.
