A Southern California real estate firm headed by an Orange County entrepreneur and philanthropist has made its first foray into San Diego with the purchase of one of the region's tallest office properties, in a deal that marks the latest in a nationwide trend of big-city towers selling at big discounts to their previous prices.
Investment firm tied to California entrepreneur adds to US value-add office plays
Formosa's San Diego deal marks rare sell-off for Irvine Co.
By Lou Hirsh
CoStar News
September 4, 2024 | 7:43 P.M.
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IN THIS ARTICLE
- Properties
- Symphony Towers
750 B St, San Diego, CA
- Companies
- The Irvine Company
Real Estate