ORANGE, CA-Pediatrix Medical Group Inc. has signed an office lease here for $3.6 million, and in the Inland Empire community of Highland, a retail building has sold for nearly $3.2 million, according to CB Richard Ellis, which brokered the deals.In the Pediatrix lease, Rick Sherburne, Alex Hayden, and Travis Boyd of CB Richard Ellis’ Newport Beach office represented the tenant in leasing 20,656 sf of office space at 770 The City Drive for a term of 88 months. The landlord, Massachusetts Mutual Life Insurance Co., was represented by Rick Warner and Mark Friend of CB Richard Ellis.In the Highland transaction, Vine Ventures LLC purchased a former Kmart Building at 26655 Highland Ave. from Property Acquisition Trust for more than $3.1 million. Jeff Moore and his Focused Retail Services Group, along with Blake Woodward, Brian McDonald, and Erik Westedt of the CB Richard Ellis Ontario office, brokered the sale on behalf of the seller. The property includes 108,000 sf on 9.1 acres, which the buyer intends to use as a multi-tenant retail site. The buyer was represented by John Lim of Los Angeles.

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