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NEWPORT BEACH, CA-Locally based Burnham USA Equities Inc. and its affiliate Burnham-Ward Properties LLC have closed escrow on two commercial properties in Orange County, one of them an REO. The company bought an 80,000-square-foot former Mervyns in Laguna Niguel from a lender for nearly $8 million and, separately, acquired the approximately 30,000-square-foot Pacific Plaza office/retail center in Costa Mesa from its original developer for nearly $6 million.

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