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FULLERTON, CA-Industrial and office tenants including a high-speed motor manufacturer, a drug firm and a security firm have signed for nearly 108,000 square feet of leases here and in other Orange County cities. In addition to the leases, the sale of a 22,400-square-foot industrial building here has closed for $3.8 million.

In the largest of the leases, Direct Drive Systems Inc. signed for 50,518 square feet of industrial space at 601 Burning Tree Rd. in Fullerton, according to Grubb & Ellis, which represented Direct Drive. The company, which is moving to Fullerton from Cerritos, is a developer and manufacturer of high-speed, high-power motors and generators that utilize permanent magnet (PM) technology.

Direct Drive was represented by Jeff Read of the Anaheim office of Grubb & Ellis in conjunction with John Perkins and James Dugan of the King of Prussia, PA office of Grubb & Ellis. The building owner, Sfers Real Estate Corp., was represented by Tom Dorman of CB Richard Ellis.

In Irvine, Spectrum Pharmaceuticals leased 34,320 square feet of office space at 157 Technology Dr. from the Irvine Co. Publicly held Spectrum is a commercial-stage biotechnology company with a focus on drugs for treating cancer.

Spectrum was represented by Chon Kantikovit of the Newport Beach office of Grubb & Ellis, in conjunction with Mike Carson of the Downtown Los Angeles office of Grubb & Ellis and Andrew Ewald of G&E

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