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Home Commercial 48,000 SQFT Burbank Medical Office Property Sold for $16MM to Rediger Investment Corp.
CommercialFinanceIndustry NewsLos Angeles

48,000 SQFT Burbank Medical Office Property Sold for $16MM to Rediger Investment Corp.

December 10, 20242 Mins read462
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A medical office property at 500 E. Olive Ave. in Burbank has been sold to Rediger Investment Corp., a Burbank-based investment firm, for $16,050,000, equating to approximately $334 per square foot. The transaction, which closed on November 26, 2024, marks the first time the property has changed ownership in 25 years. When The Registry covered […]

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