Robertson Properties Group locks in 20K-sf tenant for Hollywood Dome

Los Angeles /
Dec.December 13, 2016 12:00 PM

Salon Republic, a shared workspace provider for beauty professionals, has inked a deal to lease 20,000 square feet on the ground floor of Robertson Properties’ Dome Entertainment Center in Hollywood.

Asking rents at the retail complex,  at 6370 West Sunset Boulevard, come in around $4 per square foot, according to CoStar, which would value Salon Republic’s 10-year deal at $9.6 million.

Robertson, a subsidiary of the Decurion Corporation, was represented by Matthew Fainchtein and Carter Magnin of Cushman & Wakefield. Salon Republic was represented by Stone Miller’s Jeff Lipson and Gonzalo Rioja.

The new Hollywood digs will be Salon Republic’s ninth location in the L.A. area, according to Cushman.

Spanning over 200,000 square feet, the Dome Entertainment Center was built in 1963 and renovated in 2002. Its other tenants include ArcLight Cinemas and Veggie Grill.

Robertson has been doubling down on its holdings in the neighborhood. In October, the firm paid $50 million to acquire the 602,382-square-foot parking garage attached to the Dome for $50.2 million.

 

Related Articles

arrow_forward_ios
Grubb Properties CEO Clay Grubb along with 1200-1218 North Vine Street and 6245-6247 West Lexington Avenue (Grubb Properties, Getty Images, LoopNet, Google Maps)
Grubb Properties enters Hollywood multifamily market
Grubb Properties enters Hollywood multifamily market
Bardas Investment Group's David Simon with 6311 Romaine Street
Hollywood’s Television Center readies for $600M makeover
Hollywood’s Television Center readies for $600M makeover
A photo illustration of A.J. Khair principal Demetri Samaha along with renderings of 1919 North Wilcox Avenue (A.J. Khair, GA Engineering, Inc., Getty Images)
A.J. Khair to add 65 apartments to Hollywood inventory
A.J. Khair to add 65 apartments to Hollywood inventory
Mike Sullivan and rendering for 6000 W. Hollywood Blvd (The Sullivan Family, Getty Images)
Toyota of Hollywood could turn into a retail village
Toyota of Hollywood could turn into a retail village
Philip Lawrence and Thomas St John and the three parcels on the corner of Sunset Boulevard and Highland Avenue in LA (Google Maps, Getty, CMNTY Culture)
Hollywood studio project garners $35M loan to buy land
Hollywood studio project garners $35M loan to buy land
Bardas' David Simon with rendering of project at 717 Seward Street (Bardas Investment Group)
Hollywood office projects qualify for $76M loan
Hollywood office projects qualify for $76M loan
Mark Parrell; The Vantage Hollywood and Breakwater Apartments in Marina del Rey (Michigan Ross, Equity Residential, Getty)
LA tenants sue Equity Residential over background checks
LA tenants sue Equity Residential over background checks
Greystone's Hafize Gaye Erkan with 1657 N. Western Avenue (Greystone)
Bond financing kickstarts affordable senior housing complex in Hollywood
Bond financing kickstarts affordable senior housing complex in Hollywood
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...