Original Article Hawaii developer The Resort Group has sold its share of the Four Seasons Resort Oahu at Ko Olina to its partner in the luxury hotel at Ko Olina Resort, a company owned by the richest man in Hong Kong, for an undisclosed amount. The sale of The Resort Group’s interest in the hotel […]
Original Article Three development teams of Hawaii and international partners have made the state’s short list of groups to bid on the public-private partnership redevelopment of the Aloha Stadium complex in Honolulu into a mixed-use sports and entertainment district. The three entities were chosen from a request for qualifications process for what the state is […]
Original Article While businesses want to be close to urban Honolulu — hence the $125 million freight Amazon paid for its land adjacent to the harbor — more and more are wanting warehouse space with docks and room for large trucks to maneuver, which is not always available in urban core industrial neighborhoods such as […]
Original Article Commercial real estate broker Rock Tang, who previously ran the real estate operations in Hawaii for Longs Drugs, Walgreens and Hawaiian Airlines, recently returned to Honolulu and joined Cushman & Wakefield ChaneyBrooks as a senior vice president and tenant representative. Here are three reasons why businesses need tenant representation, according to Tang. Location […]
Original Article China Oceanwide Holdings Group has put a piece of the 514-acre Kapolei West lands it purchased from the James Campbell Co. four years ago, an 11.3-acre parcel behind the Oahu Publications printing facility and across from the Target-anchored Kapolei Commons shopping center, on the market for sale with an asking price of $34.45 […]
Original Article Hawaii developer The Resort Group has sold its share of the Four Seasons Resort Oahu at Ko Olina to its partner in the luxury hotel at Ko Olina Resort, a company owned by the richest man in Hong Kong, for an undisclosed amount. The sale of The Resort Group’s interest in the hotel […]
Original Article Oahu’s industrial market vacancy rate hit a seven-year high of 2.82% in the third quarter, mainly due to the addition of more than 450,000 square feet of new warehouse space, but the economic fallout from the Covid-19 pandemic is expected to push vacancy rates higher into next year, according to a new market […]
Original Article Several recent listings along S. King Street in Moiliili present opportunities for office tenants ready to buy their own buildings. Colliers International Hawaii recently listed 1809 S. King St., a corner property with two structures, for $1.98 million, and the three-story Pemco Building at 1632 S. King St. for $2.98 million, while CBRE […]
Original Article Private Label Collection will be the new manager of The New Otani Kaimana Beach Hotel beginning Dec. 1, when it changes its name to Kaimana Beach Hotel. The Wailea-based company also manages the Hotel Wailea on Maui. The New Otani Kaimana Beach Hotel filed a notice with the state Department of Labor and […]
Original Article Japan’s New Otani Co. Ltd. will close its only U.S. hotel in Hawaii at the end of November when the company’s lease expires with property owner BlackSand Capital, whose CEO said the boutique Kaimana Beach Hotel in Waikiki will reopen Dec. 1 under new management. The New Otani Kaimana Beach Hotel, which has […]
Original Article After being delayed for months, a much-touted pre-travel testing program that authorities say is a key step in rebooting the tourism industry will be launched Oct. 15, allowing trans-Pacific visitors to forgo a 14-day quarantine if they test negative for COVID-19. Gov. David Ige made the announcement Wednesday, saying reopening the doors to […]
