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 […]
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 […]
Check out our latest Cool Streets report and interactive map that features Honolulu! Original Article While cool streets remain strong in major metropolitan markets and so-called “24-hour” cities like Boston, Chicago, Los Angeles, New York City, San Francisco, Seattle and Toronto, affordable housing and employment are driving the 18-hour Cool Street in cities like Boise, […]
Original Article Waikiki is the economic engine of Hawaii, contributing to the State GDP in tourist spending, especially in retail and hotel stays. What are the differentiating factors for the unique high-end Waikiki retail market? Is it changing due to different tourist demographics? Andrew Starn is a Waikiki retail expert who can shed light on […]
We are honored to be recognized as Hawaii’s Best Workplaces 2018.
A company that developed the pair of oval Moana Pacific condominium towers on Kapiolani Boulevard has bought more land on the same street for redevelopment. Original Article The firm, Evershine, paid an undisclosed price for two properties on Kapiolani near the Hawai‘i Convention Center, according to Cushman &Wakefield Chaney Brooks, the brokerage representing a group […]
Original Article Steady as She Goes, U.S. Office Markets in Q2 2018 U.S. office markets posted another solid performance in the second quarter of 2018 with steady leasing volumes, healthy absorption, and rising asking rents. New construction remained robust during the quarter: a total of 18.0 million square feet (msf) of office space was delivered […]
Original Article Auspicious Start to 2018 Transaction volume increased 7.2% year-over-year (YoY) to $100.8 billion (B) in the first quarter of 2018 (Q1 2018). That is the first quarter since Q3 2016 to register YoY volume growth. While overall volumes were below those seen in the first quarters of 2015 and 2016, activity remained substantially […]
