The Rodin Group Acquires Industrial Property In Burbank For $2.145M

425 S. Flower St. in Burbank has been sold in a recent industrial property transaction. The property, spanning a total of 5,905 square feet, was purchased by The Rodin Group at a sale price of $2,145,000. The buyer was represented by Blas Fernandez, while the seller, Lilit Khatchaturian, was represented by Steve Hampar.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $2,145,000
• Address: 425 S. Flower St.
• Market: Burbank

This deal showcased The Rodin Group as the buyer, with their representative being Blas Fernandez. On the other side, Lilit Khatchaturian acted as the seller, with Steve Hampar serving as her representative. The property was sold at a slightly higher price than the initial asking price, going for a final amount of $2,145,000. With a price per square foot of $363, this industrial asset presented a valuable investment opportunity in the Burbank market.