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Warmington Buys Valencia Land to Build 211 Condos

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The Newhall Land & Farming Co., Valencia, has sold a 33.3-acre parcel in Valencia Summit to Warmington Homes, Costa Mesa, for about $17.5 million.

The transaction includes permits and building plans for 211 condominium units.

Gilbert Rae, project manager for Warmington, said construction would begin within a month and the first phase would be completed in November.

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