Hollywood shuffle.

Hewson Co. bought a former Carpeteria site on Vine Street from the founders of the long-defunct company and will redevelop the property into a Social Security Administration facility.

Hewson paid $219 million for the one-acre site at 1122 N. Vine St. and will raze the 20,000-square-foot building there, said Jim Burnap, senior vice president at Beitler Commercial Realty Services, who, with Beitler's Mike Rago, represented Phoenix-based Hewson on the purchase.

Hewson plans a 20,000-square-foot building for the Social Security Administration, which will lease the site in a 10-year deal worth more than $7 million. The building could be complete by next summer, after which the SSA would move from its Sunset Boulevard offices.

"(The SSA) wants good public transportation nearby," said Burnap, noting the site's proximity to the corner of Vine and Santa Monica Boulevard. "Each corner is a major stop for the MTA and Metro Rail is just a block north."

Ramsey-Shilling Co.'s Christopher Bonbright and Marcus & Millichap's Michael Malick represented the sellers, Ted and Harold Haserjian, who founded Carpeteria in 1960. The company went bankrupt in 1999.

Colliers Seeley's Joel Hewson and Michael Howard represented Hewson on the lease.

Staff reporter Danny King can be reached at [phone] ext. 230, or at [e-mail].