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Article: Decron Properties buys O.C. building for $66 million: plaza in Huntington Beach sold by 3D Investments Inc.(TRANSACTION)(Brief article)
- Article from:
- Los Angeles Business Journal
- Article date:
- April 9, 2007
- Author:
CopyrightCOPYRIGHT 2007 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TWO local real estate companies have completed the largest Orange County office transaction of the year.
Los Angeles-based Decron Properties Corp. has purchased the Plea in Huntington Beach from 3D Investments LLC of Beverly Hills for about $66 million. The market-rate deal of about $220 per square feet closed Feb. 28.
The 307,002-square-foot mixed-use complex at the southwest corner of Beach Boulevard and Warner Avenue in Huntington Beach includes a 15-story Class A office tower and 100,209 square feet of retail space. The 17011 Beach Blvd. project is one of only two high rise office developments in Huntington Beach. The office component is over 95 ...