An overseas investment firm is honing its focus on discounted office properties with a recent deal for a pair of Southern California buildings it plans to reposition ahead of an anticipated rebound.
Taiwanese investment firm extends bargain buys with Southern California office deal
Formosa closes $33 million acquisition in Newport Beach
By Katie Burke
CoStar News
April 17, 2025 | 8:36 P.M.
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IN THIS ARTICLE
- Properties
- East Tower
5000 Birch St, Newport Beach, CA
- West Tower
5000 Birch St, Newport Beach, CA
- Symphony Towers
750 B St, San Diego, CA
- Companies
- John Hancock Real Estate
Finance and Insurance
- Contacts
- Mark DeGiorgio
Senior Director, Institutional Property Advisors