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Beverly Hills Shopping Center Sold to Los Angeles Investment Firm in Bet on Retail

Carolwood Buys 30,000-Square-Foot Beverly Hills Plaza
The roughly 30,000-square-foot Beverly Hills Plaza retail center at 8950 W. Olympic Blvd. has sold in Beverly Hills, California. (Jen Magnuson/CoStar)
The roughly 30,000-square-foot Beverly Hills Plaza retail center at 8950 W. Olympic Blvd. has sold in Beverly Hills, California. (Jen Magnuson/CoStar)

It's not Rodeo Drive but a retail property has sold in Beverly Hills, California, in a another sign of demand for that type of real estate in the Southern California city long synonymous with luxury.

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