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.
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.
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 […]
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.
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.
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 […]