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Cone Health Pays $18.5 Million for Greensboro Office Building

Deal is Part of Organization's Larger Portfolio Optimization and Administrative Consolidation Strategy
The office building at 706 Green Valley Road totals about 140,000 square feet and was built in 1986. (CoStar)
The office building at 706 Green Valley Road totals about 140,000 square feet and was built in 1986. (CoStar)
By Hillary Engle
CoStar Research
November 10, 2020 | 5:25 P.M.

Cone Health, a private not-for-profit healthcare network, has purchased an office building in Greensboro, North Carolina, for $18.5 million, as part of a larger portfolio optimization and administrative consolidation strategy for the system.

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