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Real Estate/Development

Dec. 15, 2011

Real Estate Deals

Long Beach-based medical provider Molina Healthcare bought the 460,000-square-foot office building it had been leasing in the city's downtown. The building, Arco Center, is located at 200 and 300 Oceangate.


DEALMAKERS

Molina Healthcare switches from tenant to owner in downtown Long Beach building


Long Beach-based medical provider Molina Healthcare bought the 460,000-square-foot office building it had been leasing in the city's downtown. The building, Arco Center, is located at 200 and 300 Oceangate.


In a statement, Jeanne Myerson, president and CEO of the seller, The Swig Company, said, "Arco Center is a tremendous asse...

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