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LOS ANGELES—Amoeba Records has acquired its iconic building at 6400 Sunset Blvd. in Hollywood. The record store repurchased the 50,000-square-foot building for $13.7 million, or $275 per square foot, from an off-market sale-leaseback transaction completed in 2009. According to an industry source unrelated to the deal, properties in that area typically trade at $500 to $600 per square foot.

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