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Jim Cooper Of REM Finance Acquires West Hollywood Retail Property For $80M

8850-8860 Sunset Boulevard., 8866-8870 Sunset Boulevard., 8874-8878 Sunset Boulevard and a parcel of land 1029 Larrabee Street
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This Retail property located in CA was sold for $80,000,000 almost 6 years ago.

A retail property located at 8850-8860 Sunset Blvd., 8866-8870 Sunset Blvd., 8874-8878 Sunset Blvd, and a parcel of land at 1029 Larrabee St. in West Hollywood has been sold for $80,000,000. The property spans across 54,000 square feet and has a price per square foot of $1481.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $80,000,000
  • Square Footage: 54,000
  • Price per Square Foot: $1481
  • Address: 8850-8860 Sunset Blvd., 8866-8870 Sunset Blvd., 8874-8878 Sunset Blvd, and 1029 Larrabee St., West Hollywood
  • Market: West Hollywood

The buyer of the retail property is Jim Cooper, a director at REM Finance Inc. of Scottsdale. The seller in this transaction is 5th Gear.

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Deals
  • Location
    8860 Sunset Boulevard, West Hollywood, CA, USA8860 Sunset Boulevard, West Hollywood, CA, USA
  • Sale Price
    $80,000,000$80,000,000
    $1,481 PPSF$1,481 PPSF
  • Area
    54,000 SF54,000 SF
  • Asset Type
    RetailRetail

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Deal Summary

SALE IMAGE: Jim Cooper DATE: 06/15/2018 ADRESS: 8850-8860 Sunset Blvd., 8866-8870 Sunset Blvd., 8874-8878 Sunset Blvd and a parcel of land 1029 Larrabee St. MARKET: West Hollywood CITY: ASSET TYPE: Retail PRICE: $80,000,000 SF: 54,000 PPSF: $1481 BUYER: Jim Cooper, a director at REM Finance Inc. of Scottsdale SELLER: 5th Gear

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