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Kingsbarn Realty Capital has acquired 1601 Vine, a 115,589-square-foot office building in Hollywood, for $105 million. J.H. Snyder sold the asset in a deal brokered by Newmark.

Shapewear and clothing company Skims anchors the Class A, eight-story building. The mid-rise was renovated last year to adapt to the tenant’s needs, which signed a 15-year lease at the property in 2023. The space previously served as WeWork’s only Hollywood location.

Located along the Hollywood Walk of Fame, the property is less than 7 miles from downtown Los Angeles and two blocks away from U.S. Route 101. Los Angeles International Airport is some 24 miles southwest.