NEWPORT BEACH, CA-Smart Circle International LLC has paid $8.5 million for the former headquarters of William Lyon Homes.

Theagency will move from its Foothill Ranch headquarters into the 32,093-square-foot property at 4490 Von Karman Ave., near the John Wayne Airport. This according to a report by the Orange County Business Journal.

Smart Circle offers customer-acquisition and retention programs such as loyalty cards, implemented via face-to-face marketing.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.