11,333-SQUARE-FOOT RETAIL PROPERTY FETCHES $28 MILLION

BEVERLY HILLS, CALIF. — Hong Kong-based Allied Golden has purchased an 11,333-square-foot retail property, which is located at 414 N. Rodeo Dr. in Beverly Hills, for $28 million. The property is currently leased to Hugo Boss. Orbell Ovaness of National Equity Advisors Inc. represented the seller, Spain-based Llardo, in the transaction.