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 The state of Hawaii is on an exclusive list of 12 countries and regions that Japan leaders are considering for the resumption of safe international travel, officials announced today. The new Japan-Hawaii Safe Travel Program, announced by Japan Prime Minister Shinzo Abe and Foreign Minister Toshimitsu Motegi, would be tightly regulated to prevent […]
Original Article Watumull Properties Corp. recently purchased the State Farm Mutual Insurance Co. office building in the Mililani Technology Park for $10 million. The sale of the building on 3.5 acres at 400 Kahelu Ave. closed on June 16. The 38,491-square-foot, two-story office building built by State Farm in 1996 includes a 4,000-square-foot garage that […]
Watumull Properties Corp. recently purchased the State Farm Mutual Insurance Co. office building in the Mililani Technology Park for $10 million.
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.
May is Asian Pacific Islander Heritage Month, which celebrates the achievements and contributions of Asian Americans and Pacific Islanders in the U.S. Original Article MEMBER SPOTLIGHT: STEVE SOMBRERO Malama Meals provides food security and comfort to our community in need amidst the growing concern for COVID-19. What inspired you to partner with Malama meals program*? […]
Advice from both sides of the fence and the agents who sit in the middle, including separate tip sheets for tenants and landlords. Original Article Many businesses are struggling to pay rent as they scale back operations or close their doors entirely amid the novel coronavirus pandemic. “As a landlord, this is the worst thing […]
Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity, including supply, demand and pricing trends Original Article
Steve Sombrero, who is also president and CEO of Cushman & Wakefield ChaneyBrooks and a partner in ChaneyBrooks Choice Partners, likens the coronavirus pandemic to a major hurricane and said Hawaii should focus on coming out on the other side to rebuild. Original Article Growing up on Guam, Steve Sombrero learned the importance of rebuilding […]
Original Article The U.S. economy ended the year on an optimistic note. Businesses continued to add jobs at a healthy clip. Employment in the key office-using sectors increased by 150,000 jobs in the fourth quarter. Consumer confidence remains high. Wages are rising faster than inflation, yielding extra spending power, reflected in the 18.8% increase in […]
