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Portion of Hollywood & Western Shopping Center Sold

CIM Group Pays $30.4 Million for Nearly 43,000 Square Feet of Retail Space
By Chris Bundy
CoStar Research
April 1, 2022 | 5:55 P.M.

A private investor acquired a portion of the Hollywood & Western retail center in Los Angeles, California. CIM Group sold the buildings, at 5501-5521 Hollywood Blvd. and 1719-1723 N. Western Ave., for $30.4 million, or more than $708 per square foot.

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