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Fivepoint Sells Rare Irvine, California, Land to Industrial Developers for $174 Million

Tishman Speyer, Dermody Properties Plan New Industrial Projects in High-Demand Orange County
New industrial projects are on the way in a busy commercial area near Interstate 5 in Irvine, California. (CoStar)
New industrial projects are on the way in a busy commercial area near Interstate 5 in Irvine, California. (CoStar)
CoStar News
January 17, 2024 | 6:01 P.M.

Developer Five Point Holdings sold two industrial sites in Irvine, California, for $174.2 million, ranking among the largest land sales in recent years in Orange County.

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