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Irvine Co. muscles through plummeting valuations with fourth discounted San Diego office sale

Southern California office owner unloads downtown Wells Fargo Plaza for fraction of previous investment
Irvine Co. purchased the Wells Fargo Plaza building in downtown San Diego for upward of $148 million more than two decades ago. (CoStar)
Irvine Co. purchased the Wells Fargo Plaza building in downtown San Diego for upward of $148 million more than two decades ago. (CoStar)
CoStar News
April 18, 2025 | 8:34 P.M.

Irvine Co.'s eagerness to exit downtown San Diego has created an opening for a local nonprofit willing to bet on the neighborhood's recovery.

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