LAGUNA NIGUEL, Calif. ( DC News Now ) — The U.S. General Services Administration (GSA) has a prime piece of real estate for the right buyer…as long as the buyer is up for a starting bid of $70 million.
For your consideration: the historic Chet Holifield Federal Building in Orange County, Calif. According to the GSA’s website, the building, which many people also call the “Ziggurat Building” because of its step-like pyramid resemblance, was designed by William L. Pereira, the architect of the Transamerica Pyramid in San Francisco.
The 89-acre property is being sold through an online auction , which begins on June 5, 2024. Each bidder has to submit a bid registration of $200,000. (Remember, the bidding, itself, starts at $70 million).
The description in the listing says, in part:
The property is improved with over 1 million square feet of space in the pyramid-shaped Ziggurat building on the main (88 +/- acre) parcel which includes a services support building, fleet area and service yard, 2 guard houses, and 4,777 parking spaces. The secondary (1 +/- acre) central utility plant parcel supports the property’s infrastructure including a detached chiller plant, water cooling tower, and above-ground thermal energy storage tank.