HOLLYWOOD OFFICE BUILDING SELLS FOR $8.1M

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HOLLYWOOD, CALIF. -— A 24,000-square-foot office building in Hollywood has sold to JMS Ventures for $8.1 million. The property is located at 6735 Selma Ave. It is currently fully occupied by Panavision Hollywood, which has leased the property through 2016 with an option to extend. Ian Strano of NAI Capital’s West Los Angeles office represented JMS. The seller was Highland Selma Ventures.

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