720 Iwilei Road

$ 18,950,000.00

Cushman & Wakefield ChaneyBrooks is pleased to present an exceptional opportunity for an owner-user to purchase their own flex warehouse/building in central Honolulu. The 1.76 acre site is improved with 97,613 square feet of leasable area plus a secure garage with 133 parking/loading spaces, within two buildings, a 2-story, Ewa wing, and a 4-story Diamond Head wing (the “Property”).
An owner-user could take partial occupancy while offsetting ownership costs with rental revenue from the tenants occupying the remainder of the building. This office-industrial mixed-use building is ideal for an owner-user or investor due to the scarcity of available properties for sale in the submarket and lack of available land. Due to its proximity to the future Iwilei rail station, the Property falls within the Downtown TOD Plan allowing for increased densities 4.5 FAR and 300-foot height limit. In addition, the Property benefits from an on-site engineer, a freight elevator servicing all 4 floors, and a private parking area in the Ewa wing.

Basic Facts

Status: Type: Purchase Type: Fee Simple Area: 140323 sq ft
Lot size: 1.76 acres Zoning: IMX-1

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Additional Resources

  • Fact Sheet
  • External Link: Property Website
    • Senior Vice President

    Anthony Provenzano is a Senior Vice President with Cushman & Wakefield ChaneyBrooks, the oldest commercial real estate firm in Hawaii. Anthony is a top producer in the commercial real estate broker-age community and has earned several accolades for his success. With over 12 years of experience, he specializes in the leasing and sale of industrial properties. His in-depth knowledge of the Hawaii market has lead his clients to successfully complete transactions with a high level of certainty and confidence. Anthony has been successful in formulating strong relationships with tenants, landlords, owners and buyers of commercial real estate. His distinct expertise combined with his ability to clearly articulate market demands has lead him to represent a wide range of clients on an institutional, national and local level. As an active investment broker, Mr. Provenzano averages one (1) sale transaction per month. He recently transacted $20 million in sales volume in a single month. Anthony is responsible for leading the team in leasing over 400,000 square feet of industrial space in urban Honolulu owned by the Weinberg Foundation. Born and raised on Oahu, Anthony studied Finance with a focus on Real Estate at the University of Hawaii at Manoa Shidler College of Business. During his studies, Mr. Provenzano served on the Financial Management Association Board and continues his involvement as a mentor. Anthony holds a Hawaii Real Estate Broker’s license, as well as the Certified Commercial Investment Member (CCIM) designation where he served as Board President for 2017. He also recently was awarded his Society of Indus-trial And Office Realtors (SIOR) designation, a professional symbol of the highest level of knowledge, production and ethics in the real estate industry.

    • Licensed Real Estate Broker - State of Hawaii: RB-22101
    • Certified Commercial Investment Member (CCIM): Board Member, Past President (2017)
    • Society of Industrial and Office Realtors (SIOR): Member
    • (808) 544-1780
    • aprovenzano@chaneybrooks.com
    This listing is located in Honolulu, and is currently offered by Cushman & Wakefield ChaneyBrooks.