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Goldstein Planting Investments just plopped down $48M for a 96k SF medical complex in Burbank.
The firm, headed by Cliff Goldstein and Drew Planting, bought the two buildings (2601 and 2625 W Alameda St) and an adjacent parking structure from Volwood Properties and Guardian Life Insurance.
Volwood was the majority partner, while Guardian owned a 50% stake in 2601, according to The Real Deal. CBRE's Joel Frank brokered the deal. [TRD]
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