Irvine Company unloads more offices in San Diego at basement prices

Irvine Company has taken a bath in San Diego by selling a 24-story office tower for $40 million — more than $108 million less than it paid for it 11 years ago. The Newport Beach-based developer sold the 488,000-square-foot Wells Fargo Plaza at 401 B Street, downtown, the Orange County Business Journal reported. The buyer […]This article originally appeared on The Real Deal. Click here to read the full story.