Playboy property acquired in West Hollywood
Apollo Real Estate Advisors sells office and retail complex
By Inman News, Friday, December 22, 2006.Broadreach Capital Partners has acquired the Sunset Millennium office and retail complex on Sunset Boulevard in West Hollywood, Calif., for about $100 million.
Broadreach Capital Partners bought the complex from Apollo Real Estate Advisors, Broadreach managing director David Simon announced.
The Sunset Millennium complex includes the former Playboy Building -- a 10-story, 78,000-square-foot office tower built in 1963 and renovated in 2001. The tower is 100 percent occupied, predominantly by entertainment-industry companies, according to the announcement.
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