The sale of the landmark Chapman Plaza and Koreatown’s high end destination retail center was sold by Secured Properties in a record breaking price per foot for the area. Arc West, a joint venture of real estate investment firms Arc Capital Partners and Belay purchased the iconic property with plans to improve the already hot spot. Chapman Plaza is the most recognizable retail center in the area with tenants such as Baekjong BBQ, Quarters BBQ, and Snow Monster.

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