The building is located at 1120 W. La Veta and owned by CRC RealEstate Corp. Sonya Dopp-Grech of Lee & Associates Orange Inc.represented both sides of the transaction.

The deal follows a $9.1-million lease transaction in LagunaHills, involving the Town Centre office complex. The tenant, GoldenRain Foundation of Laguna Hills, inked a 10-year lease with ownerPD Town Centre LP.

Golden Rain, which sponsors the formation of housingassociations, will occupy 41,000-sf at the 12-acre complex. Locatedat 24325 El Toro Rd, the Town Centre complex was designed toinclude a medical office building, hotel, restaurant and a retailcenter, in addition to several office buildings. It was originallyowned by Polygon Development.

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