Search
 

Unfinished MXD, Symptomatic of Market State

GARDEN GROVE, CA-Douglas Wilson Cos., newly named receiver for the 126,510-square-foot Garden Grove Galleria, tells GlobeSt.com that the project illustrates what financial institutions are dealing with right now.

By Natalie Dolce | Updated on May 20, 2010

GARDEN GROVE, CA-San Diego-based Douglas Wilson Cos. has been named court-appointed receiver for the eight-story, 126,510-square-foot Garden Grove Galleria in Garden Grove. As court appointed receiver, DWC is responsible for operating, preserving and managing Grove Galleria the partially constructed building.

Located at 10080 Garden Grove Blvd., the structure’s first four levels feature two, double-height commercial floors at the front, with four floors of parking at the rear. The fifth floor will be used for parking while floors six through eight will offer 66 residential condominiums.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.