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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.

United statesSalt lake cityBritish columbiaLos angelesJeff wellerAidan oconnorMark bormanMickey mandelbaumLion real estate groupBorman groupReal estate groupLuzzatto companyLos angele west adams districtMetro railMory barakManaging principal