Olson Company Buys 120,000 SQFT Monterey Park Office Campus for $24.85MM, Plans Residential Redevelopment

Homebuilder The Olson Company has paid $24.85 million for a two-building office campus in Monterey Park once occupied by Blue Shield of California, betting that Southern California's housing shortfall justifies a 66 percent premium over what the property fetched just four years ago. The Olson Company has acquired a 7.9-acre, two-building office campus at 601 […]