Los Angeles REIT Hudson Pacific Properties is buying 6922 Hollywood Boulevard, an office property in Hollywood, California, for $92.5 million from CIM Group, Commercial Real Estate Direct reports. Eastdil Secured is acting on behalf of Los Angeles–based CIM. Hudson Pacific Properties is led by Victor Coleman and Howard Stern, former co-founders of Arden Realty.
The building is fully rented to several entertainment-industry tenants. It was earlier called the TV Guide Hollywood Center after its then main tenant TV Guide.
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