DEALS

Karl Storz Endoscopy-America has renewed its lease for 56,260 square feet at 600 Corporate Pointe in Culver City. The five-year lease is valued at almost $6.5 million, according to Luke Palmo of Westmac Commercial Brokerage, who represented Arden Realty, the landlord, in the deal along with brokers Tim Macker and David Thurman, also of Westmac. Karl Storz first moved into the building in 1993.

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National Semiconductor Corp. recently signed a 10-year lease for 30,720 square feet at 11 Studebaker in the Irvine Spectrum. The company will move its Orange County regional operations from Newport Beach to Irvine in the second quarter of next year, according to Michael Collins of Collins Commercial Corp., who represented National Semiconductor in the deal worth $3.4 million.

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Tanimura Distributing Inc. signed a five-year, $2.2-million lease for 61,415 square feet of space at 1700 and 1800 Bay St. in Los Angeles, one of the largest leases in the downtown L.A. produce district this year, according to Dwight Hotchkiss of Cushman & Wakefield. Hotchkiss, along with Cushman & Wakefield’s John McMillan, represented both the tenant and the landlord, Catellus Development Corp.

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Newbury Partners of Westlake Village acquired a 20,000-square-foot office building at 72 Moody Court in Thousand Oaks for $2.1 million from Aldon Investments. Tony and Rick Principe of Westcord Commercial Real Estate Services represented both the buyer and the seller in the sale.

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Ultron Systems acquired a 24,310-square-foot industrial building at 5105 Maureen Lane in Moorpark from David Bantle for $1.3 million. Craig Weisman of Told Partners represented both parties in the transaction. Ultron, a manufacturer of equipment for the semiconductor industry, will relocate its corporate and manufacturing facilities to the new site from its current location in Moorpark.

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Euclid Plaza, a 6,765-square-foot shopping center housing a 7-Eleven convenience store and two other small tenants at 747-757 Euclid Ave. in Anaheim, recently sold to Fullerton-based Harold Coykendall Trust for $1.23 million, according to Carlos Lopez of Faris Lee Investments, who represented the seller, Diamond Bar MSC, in the purchase. The buyer was represented by Summit Realty Advisors.