MACON, GA-One of Macon's most visible class A office buildings, Highridge Centre, just off I-75, is on the market. Owners Ocwen Federal Bank, a subsidiary of West Palm Beach FL-based Ocwen Financial, is ready to cash out on its investment.
Ocwen is asking $18.3 million or $93.72 per sf for the building and two adjacent tracts of land. Cushman & Wakefield is markeing the properties.The four-story, 195,252-sf office building is currently close to 90% occupancy, up from below 60% when Ocwen designated Grubb & Ellis as leasing agents for the property. It was originally developed as office space for Cigna, a healthcare company. Among the tenants are New York Life and Blue Bird Corp., the bus manufacturer.
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