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McKesson CEO slashes price on Orinda home by $6 million after a year on the market

A massive Orinda compound owned by McKesson Corp. CEO John H. Hammergren has just slashed its price by $6 million after sitting on the market for a year at $22.5 million, then $22 million, with no buyers. The 23,000-square-foot compound boasts a rock-climbing wall, tennis, bocce, racquetball and squash courts, a car wash and yoga center. It's located at 10 Winding Lane in Orinda and was previously listed for $22.5 million. This is the second price reduction for the property and it's new price has…

Article by Riley McDermid (c) San Francisco Business News - Local San Francisco News | The San Francisco Business Times - Read full story here.