A 188,366-square-foot office building in the heart of NoHo was recently
acquired by a Beverly Hills real estate firm that's already planning some remodeling, according to Market Watch.
The four-story building that sits at corner on Lankershim and Magnolia
boulevards was on sale for more than a year and went for $45 million.
"The company's current plan consists of various enhancements to the
asset's common areas, including bathrooms, elevators, lobbies and the
parking structure," Market Watch reports. "The company will also
aggressively market the building to prospective tenants in the
burgeoning technology, entertainment, and media industries common to the
North Hollywood submarket."