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Lion Real Estate Group Completes Sale of 3317 Exposition Place in Los Angeles for $22 5 Million

Share this article DALLAS, April 1 2021 /PRNewswire/ Lion Real Estate Group, LLC ( LREG ), a real estate investment and asset management firm focused on acquiring value-add and opportunistic multifamily properties, today announced the sale of 3317 Exposition Place in Los Angeles to Luzzatto Company, Inc. for $22,515,000. The transaction reflects a three-fold multiple on capital invested just over three years, bringing the estimated value of LREG s real estate and cash assets under management to approximately $1 billion as of March 31, 2021. Located in Los Angeles West Adams District and close to Metro Rail s Expo/Crenshaw station, 3317 Exposition Place is a two-story, dual-building site comprised of 29,759 square feet. The property has been occupied by current tenant and luxury online retailer, TheRealReal, since May 2019.

Luzzatto buys TheRealReal office building in Leimert Park

Luzzatto buys TheRealReal office building in Leimert Park
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Lion Real Estate Group Completes Sale of 3317 Exposition Place in Los Angeles for $22 5 Million

Lion Real Estate Group Completes Sale of 3317 Exposition Place in Los Angeles for $22 5 Million
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

Lion Real Estate Group Completes Sale of 3317 Exposition Place in Los Angeles for $22 5 Million

Lion Real Estate Group Completes Sale of 3317 Exposition Place in Los Angeles for $22 5 Million
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