by Timothy Rutt

Close on the heels of Arroyo Pacific Academy floating a $2.8 million dollar SBA loan, the Bisnow website says that the school has purchased property at the 400 block of Rolyn Place in Arcadia for approximately $1.6 million (scroll down).  According to the website, the school "plans to use the property as a secondary site for arts, music, robotics, technology, and theater."