MISSION VIEJO, CA—Trabuco Hills Pads LLC, an affiliate of Webb Management & Investments LLC, has sold three outparcel retail pads totaling 24,250 square feet at Trabuco Hills Shopping Center, a 132,376-square-foot grocery-anchored retail center here, to C3 Properties LLC for $15.1 million. The pads are located at 27785, 27845 and 27865 Santa Margarita Pkwy. and were purchased free and clear of existing debt. HFF‘s investment-sales team led by CJ Osbrink and Nick Foster marketed the property on behalf of the seller, while Trevor Harris, Matt Crawford and Jim Wellbaum of Triwell Properties represented the buyer.

GREENWOOD VILLAGE, CO—KBS REIT II Inc. has sold Crescent VIII, a four-story office building containing 82,265 rentable square feet on approximately 4.2 acres of land here, to an unnamed buyer for $17.3 million. The price per square foot was approximately $199. In connection with the disposition, the REIT repaid $8.6 million of the outstanding principal balance due under a portfolio mortgage loan that was partially secured by Crescent VIII.

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