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Vanbarton Group Offloads Los Angeles Office Building at Steep Discount

Owner-User Buyer Grabs Hollywood Boulevard Property for Almost 40% Less Than Its 2017 Price
The office building at 7083 Hollywood Blvd. in Los Angeles sold as part of an all-cash deal to a buyer that plans to use the property as its corporate hub. (CoStar)
The office building at 7083 Hollywood Blvd. in Los Angeles sold as part of an all-cash deal to a buyer that plans to use the property as its corporate hub. (CoStar)
CoStar News
June 5, 2024 | 8:32 P.M.

An office building in Hollywood is the latest property to trade hands, albeit at a steep discount to its pre-pandemic pricing, as commercial property transaction activity gains steam following years of slowed sales volume.

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