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July 10, 2019  

Mixed-Use Complex Listed in Calif.

The offering of a waterside office/retail property in Southern California’s Orange County is expected to attract bids of about $52 million.Khoshbin’s Landing, in Newport Beach, consists of 33,000 square feet of offices and restaurants, as well as 21 boat slips. At the estimated value, the buyer’s initial annual yield would be roughly 4.25%. JLL is representing the owner, Khoshbin Co., an Irvine, Calif., firm led by Manuchehr...

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