How ‘soft’ auction added $32 million to price for Orange County icon

How ‘soft’ auction added $32 million to price for Orange County icon

The auction of an iconic California office campus entered its fifth month due to an odd selling process that essentially gives participants control of the deadline. The federal government’s exit from the eye-catching Chet Holifield Federal Building – better known as the “Ziggurat” – began June 5. The initial auction deadline for the building plus…