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Kor Group Acquires South Flower Street Property for $23M

Development Firm Finds New Headquarters in Los Angeles
By Angela Piccillo
January 12, 2007 | 9:10 P.M.

Kor Group, taking title as 1212 Flower Real Estate LLC, acquired the five-story office building at 1212 S. Flower St. and the industrial building at 1224 S. Flower St. for $22.9 million, or about $280 per square foot. The seller was 1800 Wilshire Properties (G.P.), which acquired the property in 1995.

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