L.A. Business First Hollywood Holdings has paid $30 million, or about $697.67/sf, for the Gershwin Lofts Retail @ Hollywood, a 43,000-square-foot retail center in Los Angeles. The local company purchased the property from CIM Group. The property is comprised of two buildings at 5501-5521 Hollywood Blvd., which just underwent a full renovation, and 1719-1723 North […]

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