Search
 

Newport Beach Firm Grabs 8.64-acre Retail Parcel in Rancho del Oro

OCEANSIDE-Residential developer sells 8.6 acres in the Rancho del Oro project to retail developer.

By Randyl J. Drummer | Updated on November 07, 2000

OCEANSIDE-Orange County-based Highpointe Communities has sold an 8.64-acre retail property in the Rancho del Oro master community here to a commercial developer.

Newport Beach-based Venture Retail bought the property at the southwest corner of Frazee Road and Route 76 from Highpointe, a residential developer. The sale price was not disclosed.

Highpointe sold three residential properties to Kaufman & Broad Home Corp and a multifamily property to the Morgan Group last year.

“This is our last property sale in Rancho del Oro, but it does not end our involvement with the city of Oceanside,” says Steve Vliss, president of Highpointe. “We are working on several other projects.”

The Costa Mesa-based O’Donnell/Atkins Co. represented Highpointe in the retail deal.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

 

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.