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LVMH Acquires Retail Building as Part of Redevelopment Assemblage

B&A Management Sells 6,000-SF Storefront for $30 Million
The single-story retail storefront on North Beverly Drive was built in 1921. (CoStar)
The single-story retail storefront on North Beverly Drive was built in 1921. (CoStar)
By Chris Bundy
CoStar Research
June 19, 2020 | 12:01 P.M.

LVMH Moet Hennessy Louis Vuitton Inc. acquired a storefront retail building at 449–453 N. Beverly Dr. in Beverly Hills, California, for $30 million, or nearly $5,000 per square foot, from B & A Management Corp.

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