LONG BEACH, Calif. (AP) — Molina Healthcare (NYSE:MOH) said Monday it completed a $158 million sale and leaseback of its corporate headquarters in Long Beach, Calif.
The corporate office was purchased in 2011 and includes two conjoined 14-story office towers on about five acres of land. The towers also include subsidiary Molina Health Care of California.
The deal with Angelo, Gordon & Co. also includes a Columbus, Ohio, office building acquired last year that serves as the principal health plan operations of subsidiary Molina Healthcare of Ohio.
