New York Life sells 11-story Irvine office building for $37M

New York Life Real Estate Investors has sold an 11-story office building in Irvine for $37 million, less than half of what it paid for it a decade ago. The New York-based unit of New York Life Investments sold the 234,400-square-foot building at 18201 Von Karman Avenue, L.A. Business First reported. The buyer was undisclosed. […]This article originally appeared on The Real Deal. Click here to read the full story.