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Capitol Records owner buys former mixed-use development sites near iconic Hollywood tower

Universal Music adds two parking lots near Capitol Music Tower

Millennium Partners sold two adjacent parking lots on Vine Street and Argyle Avenue in Hollywood for $30 million. (Brannon Boswell/CoStar)
Millennium Partners sold two adjacent parking lots on Vine Street and Argyle Avenue in Hollywood for $30 million. (Brannon Boswell/CoStar)

One of the biggest names in the music business is taking a pair of parking lots off a developer's hands after it nixed mixed-use plans for the property.

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