Ashkenazy Grows Beverly Hills Retail Footprint With Neiman Marcus Buy

Barchart·12/23/2025 13:46:04

Ben Ashkenazy’s Ashkenazy Acquisition Corp. acquired the Beverly Hills Neiman Marcus site, which spans two city blocks in the prime Golden Triangle section of the city. The price was not disclosed.  The property at 9700 Wilshire Blvd. is located on the corner of Beverly Hills where Ashkenazy’s property portfolio encompasses the former Barneys building on Wilshire Boulevard, now occupied by Saks Fifth Avenue, and other retail sites. With this transaction, Ashkenazy's holdings in the Golden Triangle come to 350K SF, the firm said.  The acquisition makes New York-based Ashkenazy the largest owner of retail space in Beverly Hills, according to a release announcing the transaction.  The city has seen at least one...