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.
Three Hawaii-international teams shortlisted for Aloha Stadium P3 project
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 […]
Warehouse demand on Oahu stays strong despite pandemic
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 […]
3 reasons why a Hawaii business needs a tenant rep
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 […]
China Oceanwide puts Hawaii parcel on the market for $34M
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 […]
The Massive Hawaiian Ranch from ‘Lost’ Crashes Onto the Market, Asking $45 Million
History meets Hollywood at the extraordinary site, currently the largest contiguous land offering on the entire island, thanks to its notable original owners and prolific filming resume, which dates back to 1965 and includes several episodes of “Lost.”
Ko Olina developer sells interest in Four Seasons Resort to Hong Kong’s richest man
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 […]
New space, Covid push Oahu industrial vacancy rate to 7-year high
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 […]
Honolulu retail, office building listings present opportunities for owner-users
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 […]
Private Label Collection to manage Kaimana
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 […]
