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Home Commercial Laguna Niguel’s Ziggurat Building Sells for $177MM to Hilco Development: Inside the Landmark Auction Win
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Laguna Niguel’s Ziggurat Building Sells for $177MM to Hilco Development: Inside the Landmark Auction Win

November 6, 20242 Mins read1.5k
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Chet Holifield Federal Building Ziggurat Laguna Niguel
This work is from the Carol M. Highsmith Archive collection at the Library of Congress. According to the library, there are no known copyright restrictions on the use of this work. Carol M. Highsmith has stipulated that her photographs are in the public domain.
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After months of intense bidding, the government-sponsored auction of the iconic Ziggurat building, officially known as the Chet Holifield Federal Building, concluded with a final winning bid of $177 million. The successful bidder, Hilco Development, outmaneuvered two competitors, submitting one of 157 bids throughout the auction’s four-month duration, according to a report in the Orange […]

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