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Local Land Plays.
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- Author(s): Mueller, Mark
- Source:
Orange County Business Journal. 7/1/2024, Vol. 47 Issue 27, p3-3. 1/4p.
- Subject Terms:
- Additional Information
- Abstract:
The article presents the discussion on recent auction of Laguna Niguel's Chet Holifield Building by the GSA. Topics include initially failed to attract buyers at a $70 million minimum price but garnered bids up to $125.3 million in a new auction after removing certain conditions; and property's redevelopment potential, economic impact on Orange County, and fluctuations in land values influenced by market conditions like inflation and interest rates.
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