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Corona-based Watermarke Properties has paid $36.3 million for a pair of offices in the South Coast Metro area of Santa Ana, in the largest multifamily redevelopment play on the books for the city.
Corona-based Watermarke Properties late last month closed on the acquisition of City Centre I, a 150,161-square-foot office building on 6.8 acres adjacent to the Garden Grove (22) Freeway and the Outlets at Orange shopping center.