The Sunset Media Tower, one of the largest office buildings in Hollywood, was listed for sale Monday. The building at 6255 Sunset Blvd. could fetch upward of $80 million, according to sources with knowledge of the Hollywood office market.
The 22-story tower is home to several media and entertainment companies, including Associated Production Music, a music library and music services company, and Nielsen Media Research, a unit of Nielsen Co., the former owner of The Hollywood Reporter.
Although no one was talking on the record, an e-mail publicizing the listing of the property was sent to real estate industry professionals Monday morning. The message from listing agent Stephen Algermissen of Cushman & Wakefield said that the Class A building is 71 percent leased, and two pending leases will bring occupancy to 85 percent.
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