In a deal befitting the season when folks are opening gifts and sipping cocoa, Chanel S.A. just wrapped up a little something for itself—400 N Rodeo Dr in Beverly Hills. The French fragrance and haute couture house purchased the property from Rodeo-Brighton LP for more than $13k/SF, the highest sales price for a retail property in SoCal history. Gary York of Ballard Spahr repped Chanel.

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