ATLANTA-West Palm Beach, FL-based Ocwen Federal Bank sells a 195,053-sf, class-A office building on Arkwright Rd. in Highridge Centre in Macon, GA for $14.36 million to Kevin Cogan, a private investor/developer in Louisville, KY. The building is 85% leased.
The building is 85% occupied. Among its tenants is the local representative of Merrill Lynch. George Heery Jr. and PhilBarry of Grubb & Ellis Co. represented Ocwen in the transaction.
Cogan developed of Cherokee Park in Louisville.
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