A prime street-level retail space located at 499 North Canon Drive in Beverly Hills has been leased. This property features a prominent position directly across from the iconic Beverly Hills sign, situated at the corner of North Canon Drive and Santa Monica Boulevard. The retail space will host a high-profile conglomerate entertainment company launching a new product in this highly visible area.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Lease Date: 04/20/2025
• Address: 499 North Canon Drive
• Market: Beverly Hills
• Landlord's Representatives: Greg Briest, Houman Mahboubi, Marisa Renfro - CBRE
• Tenant's Representatives: Devin Klein, Matthew Fainchtein, Ryan Hawley - JLL

This transaction involves key representatives from both sides, with Greg Briest, Houman Mahboubi, and Marisa Renfro of CBRE representing the landlord and Devin Klein, Matthew Fainchtein, and Ryan Hawley of JLL representing the tenant. The lease signifies a strategic move for the entertainment company into a noteworthy retail location.