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Laguna Hills, California, industrial center sells for small-bay condo conversion

Mosaic buys Lakeside Business Center in Orange County for $34.5 million
The Lakeside Business Center in Laguna Hills was fully leased at the time of sale. (CoStar)
The Lakeside Business Center in Laguna Hills was fully leased at the time of sale. (CoStar)
By Garrett Hug with
CoStar Research
February 20, 2026 | 10:05 P.M.

Mosaic, a joint venture between C3 Development and Greenmont Group, purchased the 94,612-square-foot Lakeside Business Center in Laguna Hills, California, for $34.5 million, or about $365 per square foot, from Resco Properties.

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IN THIS ARTICLE


  • Properties
    • Bldg 1

      23042 Alcalde Dr, Laguna Hills, CA

  • Companies
  • Contacts
    • John Collins

      Senior Vice President/Principal, Industrial/Office, Voit Real Estate Services