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Summit Office Plaza Associates

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BUSINESS
March 28, 1990 | Michael Flagg, Times staff writer
A Japanese company recently paid what was thought to be the highest price per square foot ever in Orange County for a small office building. Yozya Development Co., a Tokyo developer, paid $11.1 million--or $201.58 per square foot--for the Summit Office Plaza in Laguna Hills, a pair of three-story buildings on Mill Creek Drive on a bluff overlooking the town. The buildings contain 55,300 square feet and are almost fully leased, said Mark Lucescu of Marcus & Millichap, the broker on the deal.
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BUSINESS
July 5, 1998 | Daryl Strickland
Continuing its buying spree of coastal and commercial properties, Capital Pacific Holdings Inc. purchased Summit Office Plaza in Laguna Hills from Yozya Development Inc. for an undisclosed sum. The plaza, in the 23000 block of Mill Creek Road, consists of twin three-story office buildings linked by a common area. The buildings are more than 95% leased. In April, Capital Pacific acquired the L.A. Cellular Building in Newport Beach for $4.2 million from the Karen Larae Dempsey Trust.
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BUSINESS
July 5, 1998 | Daryl Strickland
Continuing its buying spree of coastal and commercial properties, Capital Pacific Holdings Inc. purchased Summit Office Plaza in Laguna Hills from Yozya Development Inc. for an undisclosed sum. The plaza, in the 23000 block of Mill Creek Road, consists of twin three-story office buildings linked by a common area. The buildings are more than 95% leased. In April, Capital Pacific acquired the L.A. Cellular Building in Newport Beach for $4.2 million from the Karen Larae Dempsey Trust.
BUSINESS
March 28, 1990 | Michael Flagg, Times staff writer
A Japanese company recently paid what was thought to be the highest price per square foot ever in Orange County for a small office building. Yozya Development Co., a Tokyo developer, paid $11.1 million--or $201.58 per square foot--for the Summit Office Plaza in Laguna Hills, a pair of three-story buildings on Mill Creek Drive on a bluff overlooking the town. The buildings contain 55,300 square feet and are almost fully leased, said Mark Lucescu of Marcus & Millichap, the broker on the deal.
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