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Land Sales Orange County

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BUSINESS
March 4, 1997 | MELINDA FULMER, SPECIAL TO THE TIMES
A partnership led by Newport Beach-based real estate firm Layton-Belling & Associates has bought Yorba Linda's largest business park, 341,446-square-foot Savi Tech Center, for $23.6 million. The sale price set a record for industrial buildings in the area, according to Mitch Zehner of Voit Commercial Brokerage, who represented the buyers and sellers in the deal. Metropolitan Life Insurance Co.
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BUSINESS
March 4, 1997 | MELINDA FULMER, SPECIAL TO THE TIMES
A partnership led by Newport Beach-based real estate firm Layton-Belling & Associates has bought Yorba Linda's largest business park, 341,446-square-foot Savi Tech Center, for $23.6 million. The sale price set a record for industrial buildings in the area, according to Mitch Zehner of Voit Commercial Brokerage, who represented the buyers and sellers in the deal. Metropolitan Life Insurance Co.
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BUSINESS
February 22, 2003 | From a Times Staff Writer
Irvine Co. said veteran executive Chick Willette, who has overseen residential land sales for Orange County's single largest landowner since 1986, will retire this summer. Dan Hedigan, 49, who heads Irvine Co.'s legal affairs department, will replace Willette as senior vice president of land sales and management.
CALIFORNIA | LOCAL
April 30, 1994 | DEBORA VRANA, SPECIAL TO THE TIMES
In another sign of a recovering local real estate market, five different home builders are in the process of buying land for new homes here, the first land sales in the exclusive gated community in five years. While each purchase is small, the five deals come in the wake of several large land sales in Orange County this year. Centex Homes in Dallas bought 915 lots at Foothill Ranch, and a partnership that includes Aliso Viejo developer Kathryn Thompson bought 162 acres in Aliso Viejo.
BUSINESS
August 2, 1994 | JOHN O'DELL, TIMES STAFF WRITER
In a deal that paid for itself before the ink dried on the contract, a Costa Mesa commercial developer has acquired 153 acres in San Clemente's back country for $11 million--less than a third of what the property sold for in 1988. Rancho San Clemente Partners said it plans a $100-million retail and residential development, including as many as 300 homes.
BUSINESS
May 29, 1991 | MICHAEL FLAGG, TIMES STAFF WRITER
Back in 1988, when people were buying houses as fast as builders could knock them together, the price of an acre in some parts of Irvine and Tustin hit $1 million or more. The land was so expensive because a developer could built a lot of condominiums on it. Now a landowner would have a tough time fetching such a price. And even if he did find a home builder willing to buy, the builder would have a hard time borrowing the money.
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