LOS ANGELES-The Sunset Media Tower, a 22-story office building situated at 6255 Sunset Blvd. in Hollywood, has been listed for sale. According to sources, the office building could fetch up to $80 million.
Various media and entertainment firms, including a unit of Nielsen Co., Nielsen Media Research and Associated Production Music, are occupying space in the Class A office building. The tower is currently 71% leased and with the two pending leases the occupancy rate will reach 85%. For the full story, go to Los Angeles Business Journal.
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