The asset involved in this transaction is a retail space located at 6130 West Sunset Boulevard in Hollywood, with a total square footage of 16,500. The property previously served as a Rite Aid and is situated in the Gower Shopping Center, which boasts a high walkability score of 94. The area is experiencing retail normalization as previously vacated spaces are being filled with new tenants.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 6130 West Sunset Boulevard
• Market: Hollywood
• Square Footage: 16,500
• Tenant: Grocery Outlet
• Brokers: Marty Shelton & Steven Weiss - NAI Capital Commercial

This transaction is represented by brokers Steven Weiss and Marty Shelton from NAI Capital Commercial, who facilitated Grocery Outlet’s leasing of the retail space. Their involvement highlights the active repositioning of retail assets within the market, contributing to the area's diverse tenant mix.