CBRE Negotiates $8M Sale of Restaurant Property in Hollywood

by Nellie Day

HOLLYWOOD, CALIF. — CBRE has arranged the sale a restaurant property located at 7001 Santa Monica Blvd. in Hollywood. A private real estate investor and developer acquired the asset from a private family trust for $8 million.

The half-acre site features a 5,410-square-foot restaurant occupied by Shakey’s Pizza Parlor.

Alex Kozakov, Patrick Wade and Fred Aframian of CBRE represented the seller and the buyers in the deal.

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