30-06-2020 18:03 via ocregister.com

2 Irvine office buildings ‘flipped’ for $355 million

It may not have the drama of made-for-TV real estate flipping, but there’s been a noteworthy amount of buying and selling at a 73-acre office complex on the old El Toro airbase.
Two office buildings, part of communications chipmaker Broadcom’s Orange County legacy, have been “flipped” by the developer of Irvine’s Great Park Neighborhoods, Five Point Holdings.
Five Point announced June 26 that it signed an agreement to sell two buildings at the site holding Broadcom&
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