Orange County
Faris Lee Investments has completed the sale of a three-tenantretail property in Fullerton, CA for $4.98 million. Locatedadjacent to St. Jude Medical Campus at 1981 Sunnycrest Dr., theproperty totals 8,047 square feet and is situated on just under oneacre. According to a prepared statement, this sale marks thehighest price-per-square-foot paid for a multi-tenant retailproperty in Orange County over the past 15 months. Completed in2009, the retail center includes Panera Bread, Z-Pizza and Phans55, all of which recently signed 10-year NNN leases. The seller wasIrvine, CA-based Accretive Laguna Partners LLC. Realtylandrepresented Seyoung LLC, a La Habra, CA-based buyer. According tothe statement, the buyer paid all-cash and the sale closed at a6.7% cap rate.
Los Angeles
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
