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HP Investors Acquires Broadway Hollywood

LOS ANGELES-San Diego-based HP Investors LLC acquires its first commercial condo at Hollywood and Vine from Kennedy Wilson for an undisclosed amount.

By Kelsi Maree Borland | Updated on August 29, 2013

LOS ANGELES-The San Diego-based firm HP Investors LLC makes its first foray into the Los Angeles market with the purchase of Broadway Hollywood, an 11,000-square-foot prime ground floor commercial condominium on Hollywood Blvd. and Vine St. Kennedy Wilson Brokerage Group sold the property to HP Investors for an undisclosed price.

“The location is one of the most dynamic urban retail markets in Southern California and perfectly meets our investment objectives of acquiring urban retail assets that are positioned for strong growth over the long-term,” says Isaac Abid, a principal at HP Investors about the purchase.

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