In the La Palma transaction, according to Mark Brunner of Cushman & Wakefield's Long Beach office, Tridiamond LLC bought La Palma Professional Center, a 57,000-sf, multi-tenant office building, from La Palma Medical Arts Center LLC for $6.9 million.
Brunner notes that the two-story building is occupied by both medical and professional firms. Built in 1984, the center is at 7872 Walker St., across from the La Palma Intercommunity Hospital. The buyer acquired the building in a 1031 Exchange after recently selling two other properties. Brunner represented the seller, with the buyer represented by Anne Yip and Andy Deng of TLC Realty in Arcadia.
In the Santa Ana transaction, a private investor sold an 8,421-sf office building at 2922 South Daimler to the Keyes Living Trust for $1.1 million, according to Steve Economos and George Economos of the Newport Beach office of NAI Capital Commercial.
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