A roughly 116K SF office building just steps from the Walk of Fame in Hollywood has sold for $105M to investor Kingsbarn Realty Capital. 
The property at 1601 Vine St. is a Class-A office building in Hollywood that is 100% leased, with Skims Body Inc. occupying almost all floors in the building. Skims is a shapewear and clothing company co-founded by Kim Kardashian. It is valued at $4B and just opened its ninth storefront, a roughly 5K SF location in West Hollywood. 
“This purchase, along with our ability to secure financing for the building, is further evidence that the office market is recovering, a trend we expect to continue…