September 2, 2016
Line on Luxury: Rodeo Drive storefront leased by House of Bijan was purchased in July for $122 million.
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Rodeo Drive in Beverly Hills is the second-most expensive rental space location in the country, according to a global market report from Cushman & Wakefield.
House of Bijan could be left homeless on Rodeo Drive as the new owner may tear down its storefront.