A half-century-old Orange County office campus in California sold for more than twice its 2024 purchase price after its owners secured permission to replace empty suites and parking lots with 145 homes, showing how the region’s housing shortage is rewriting the value of obsolete commercial property.
Orange County, California, office campus sells for twice its prior price as housing site
Taylor Morrison plans to replace Tustin Financial Plaza with 145 for-sale homes
CoStar News
September 4, 2026 | 6:09 P.M.
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IN THIS ARTICLE
- Properties
- The East Bldg
17862 17th St, Tustin, CA
- The North Bldg
17772 17th St, Tustin, CA
- The Central Building
17822 17th St, Tustin, CA
- The South Bldg
17852 17th St, Tustin, CA
- The West Bldg
17782 17th St, Tustin, CA
- Companies
- Kingsbarn Realty Capital
Real Estate
- Greenlaw Partners
Real Estate
- Taylor Morrison, Inc.
Construction