Formosa Acquires 310,000 SQFT Newport Beach Office Campus for $33MM

Formosa Ltd., a venture led by Orange County businessman and philanthropist Joe C. Wen, has acquired 5000 Birch Street, a two-building, 310,000-square-foot Class A office campus in Newport Beach, California for $33 million on April 7, 2025, according to public records reviewed by The Regisgtry. At $33 million for 310,000 square feet, the transaction represents […]