In one transaction, the Behr Process Corp. leased 80,000 sf in an industrial building located at 3500 W. Segerstrom in Santa Ana from 3400-3500 Segerstrom Avenue Property Co. The national paint manufacturer signed a five-year lease valued at $2.48 million. Colliers Seeley represented both tenant and owner in the transaction.

Ymedia, an Irvine-based optical sensor semiconductor engineering and design firm, leased 16,500 sf of office space from The Irvine Co. Located in the University Research Park at 5141 California, the building is adjacent to the University of CaliforniaIrvine. The five-year lease is worth $1.86 million. Colliers Seeley represented the tenant, while The Irvine Co. represented itself in the deal.

X-ray security systems manufacturer Perkin Elmer is relocating from Long Beach to Cypress into a 85,773-sf building it is leasing from Warland Drive II LLC. Located at 1240 Warland Dr., the 10-year lease is valued at $7 million. Colliers Seeley represented Perkin Elmer, while Klabin Co. represented theowner.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.