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California  + Orange County  + Office  | 

Private Investor Snags Costa Mesa Offices for $24M

Newmark arranged the $24.4-million sale of 1901 Newport Blvd., a 134,387-square-foot, three-story office property located in Costa Mesa. Buyer and seller were not identified.

Vice chairman Paul Jones, executive managing director Ryan Plummer and senior managing director Brandon White, in collaboration with co-head, U.S. Capital Markets Kevin Shannon and vice chairman Ken White, represented the undisclosed seller. The buyer was a private, high-net-worth investor.

“This transaction highlights the enduring appeal of well-located, versatile office properties in prime coastal Orange County submarkets,” said White. “1901 Newport Blvd.’s unique architectural features, strong occupancy and strategic positioning near major amenities and transportation corridors continue to attract quality tenants and investors seeking adaptable, high-visibility assets in one of Southern California’s most dynamic areas.”

Originally developed in 1985 and renovated in 2001, the property features distinctive Mission-style architecture with a three-story atrium, custom marble flooring, open-air courtyards and seven fountains. It’s currently 85% occupied.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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