An office building next to the Outlets at Orange shopping center sold to a local health insurance provider. An affiliate of Astiva Health paid $23 million for the 10-story building at 600 City Parkway, the Orange County Business Journal reported. The price amounts to $113 per square foot. An affiliate of Greenlaw Partners sold the 204,000-square-foot property, which it bought in 2014. The buyer, listed in records as Avanta Properties City Parkway LLC, took out a $14 million loan to fund the purchase. The building is about 50 percent vacant and leased mostly to healthcare tenants, according to CoStar. The […]
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