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Economic Analyst
Like Like Plaza sells for $15.3 million
Like Like Plaza, which was home to Like Like Drive Inn for almost 70 years, has been sold for more than $15.3 million, officials involved with the transaction announced Friday.
BlackSand Capital closes on acquisition of Waikiki Galleria Tower
Hawaii-based BlackSand Capital closed on the acquisition of the Waikiki Galleria Tower Friday for $270 million, returning a block of prime retail frontage along Kalakaua Avenue to local ownership.
Japan investor buys Waikiki retail corner near Ritz-Carlton
A Japanese real estate investor has purchased a former retail property on a Waikiki corner near The Ritz-Carlton Residences Waikiki Beach for nearly $5 million.
Local tenants lead return to office at Honolulu’s Pacific Guardian Center
Original Article More businesses are returning to their offices at Pacific Guardian Center in Downtown Honolulu a year into the Covid-19 pandemic, the majority of them local companies, according to the building’s asset manager. “The local tenants are returning fairly rapidly – you can’t even get a seat at lunch now in the courtyard,” said […]
Hawaii Meadow Gold facility sells for $24M, slated for redevelopment
The sale of the former Meadow Gold Dairies manufacturing plant in Honolulu closed Tuesday for $24.1 million to affiliates of Connecticut real investor Twenty Lake Holdings, which may redevelop its first Hawaii investment into a mixed-use complex with nearly 700 residential units and commercial space.
Boutique Waikiki hotel sells for $8M to Japan investors
The Kai Aloha Hotel, an 18-room boutique hotel next door to the Trump International Hotel Waikiki, has sold to investors from Japan for $8.1 million.
Watumull Properties buys former Hawaii State Farm building for $10M
Watumull Properties Corp. recently purchased the State Farm Mutual Insurance Co. office building in the Mililani Technology Park for $10 million.
H Mart inks lease for 2nd Hawaii store as it eyes locations for third
H Mart, the Korean grocery chain that opened its first Hawaii store in Honolulu two months ago, has inked a lease for its second Oahu store, in a former Foodland space in Pearl City.
