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Shopoff Realty buys Orange County property for townhouse project

Summary by The Business Journals
The Buena Park property belonged to Amway Corp., a nutritional supplement maker that will continue to lease the property as its headquarters, distribution campus and teaching and training facility.

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The Business JournalsThe Business Journals
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Shopoff Realty buys Orange County property for townhouse project

The Buena Park property belonged to Amway Corp., a nutritional supplement maker that will continue to lease the property as its headquarters, distribution campus and teaching and training facility.

·United States
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BenzingaBenzinga
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Shopoff Realty Investments Acquires 13.75-Acre Property in Buena Park, Calif. for Future Residential Development

BUENA PARK, Calif., March 19, 2025 /PRNewswire/ -- Shopoff Realty Investments ("Shopoff") a national manager of opportunistic and value-add real estate investments, announced today that, in partnership with a national home builder, it has acquired a 13.75-acre property in Buena Park, California, that it plans to re-entitle for residential use. The property is currently occupied by Amway Corporation with a corporate sale-leaseback in place. The …

·New York, United States
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Commercial ObserverCommercial Observer

Shopoff Buys Amway Site for Resi Redevelopment in SoCal

A development firm has acquired the Amway industrial property in Southern California’s Orange County with plans to redevelop the site into for-sale townhomes. Shopoff Realty Investments, in partnership with Lennar Homes, paid $60 million for almost 14 acres in Buena Park. The site includes two industrial buildings spanning 370,031 square feet. The seller, Amway Corporation, uses the site as a distribution center and as its headquarters, as well …

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REBusinessOnlineREBusinessOnline

Shopoff Realty Buys 13.7-Acre Property in Buena Park, Plans Residential Development

BUENA PARK, CALIF. — Shopoff Realty Investments, in partnership with a national home builder, has acquired a 13.7-acre property in Buena Park, with plans to re-entitle the parcel for residential use. The property currently features two industrial buildings totaling 370,031 square feet that are occupied by Amway Corp. with a corporate sale-leaseback in place. A total of $49 million in acquisition financing for the project was secured with assista…

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Benzinga broke the news in New York, United States on Wednesday, March 19, 2025.
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