Korean investors have ‘no specific plans’ for $29M Kapiolani property

JL Ala Moana LLC bought the building at 1538 Kapiolani Blvd., the former KGMB television headquarters whose current tenants include MW Restaurant, Central Pacific Bank, HawaiiUSA Federal Credit Union and Pho Saigon, from Lionking II in a transaction that closed on June 20.

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