ORANGE COUNTY BUSINESS : O.C. Commercial Real Estate
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A look at recent commercial leasing and sales activity in Orange County.
LEASES
* Plaid Brothers Software
Business: Client and portfolio management software products for brokerage and banking firms
Address: 26 Technology Drive, Irvine
Space: 25,548 sf
Value: $2.5 million
Landlord: Irvine Co.
Lessee broker: Julien J. Studley Inc.
Landlord broker: Irvine Co.
SALES
* Magellan Software Inc.
Business: Developer of enterprise report management, document imaging and work flow products
Address: 8717 Research Drive, Irvine
Size: 20,000 sf
Price: $3.2 million
Seller: Dynamic Builders
Buyer’s broker: Grubb & Ellis, Newport Beach
Seller’s broker: Grubb & Ellis, Newport Beach
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