Honolulu
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Hawaii Hotel Fetches $200M
Continuing its portfolio upgrade, Xenia Hotels & Resorts sold its leasehold interest in the 693-key Aston Waikiki Beach Hotel in Honolulu, four years after acquiring the property for $183 million.
16 March 2018 11:22 -
Alexander & Baldwin Takes 3 in Hawaii for $254M
Terramar Retail Centers disposed of three newly constructed retail centers, totaling 391,000 square feet. As part of the transaction, A&B also assumed $62 million in mortgage debt.
28 February 2018 16:37 -
Hyatt to Shed 3 Properties in $1B Deal
The sale of Grand Hyatt San Francisco and two resorts to Host Hotels is tied to the company’s sell-down and asset-recycling programs. Hyatt will continue to manage all three assets.
26 February 2018 13:28 -
Hawaii’s Largest Office-Industrial Park Lands $165M Financing
Working on behalf of AIPA Properties, Sonnenblick-Eichner secured the 15-year, fixed-rate loan for Airport Industrial Park, a 1.3 million-square-foot mixed-use complex in Honolulu.
11 October 2017 11:48 -
Honolulu-Area Oceanfront Retail Center Changes Hands
J.H. Real Estate Partners acquired the Coconut Grove, a 49,500-square-foot shopping center in Kailua-Kona, Hawaii, from Hudson Advisors. Donald MacLellan and Rick Chichester of Faris Lee Investments represented both the seller and the buyer in the transaction.
02 October 2017 23:50 -
Trinity, Oaktree Form $3B Hotel JV
The partners will focus on high-quality, value-add hotels in a handful of markets around the world, including Hawaii, California, Mexico and Japan.
23 August 2017 13:14 -
Salem Sells Flagship Walgreens in Hawaii
A Korean investment firm purchased the retail asset for $42.3 million. Salem is pursuing entitlements to redevelop the adjacent site to the store into a hotel/condominium project.
14 August 2017 13:21 -
Iconic Honolulu Office Asset Lands $75M Loan
TOPA Financial Center, a two-building office property, sits in the heart of downtown Honolulu. Newmark negotiated the financing on behalf of Duesenberg Investment Co., the owner of the asset.
09 August 2017 18:42 -
IHG Debuts Largest Holiday Inn Express in Hawaii
The largest property in the Americas, the Waikiki hotel has 44 stories, 596 guestrooms, 4,700 square feet of flexible space and 1,500 square feet of outdoor seating.
20 July 2017 11:00 -
Alexander & Baldwin Welcomes New CFO
James Mead has broad experience in commercial real estate and REITs, as well as a proven track record in leading and developing strong financial teams.
12 July 2017 14:54 -
Alexander & Baldwin Expands Hawaii Industrial Portfolio
The five buildings, part of an industrial campus located in Kailua-Kona, were 94 percent occupied at the time of the transaction.
07 June 2017 13:39 -
Trinity Investments Adds New VP
The company added Craig Lovett as the new VP at its Honolulu office. He has more than 29 years of design, development, project management and construction experience.
11 May 2017 19:30 -
Marriott Sells Hawaii Resort for $317M
The Westin Maui along Ka'anapali Beach comprises the recently renovated 553-key Ocean Tower, as well as the 206-key Beach Tower, which will get its own makeover under the new ownership of Trinity Investments and Oaktree Capital Management.
05 April 2017 10:38 -
JV Acquires Additional 180 KSF of Pearlridge Center in Hawaii
The partnership shelled out $70 million.
06 March 2017 16:06 -
Salem Partners to Open Luxury Hotel in Honolulu
The 743,000-square-foot tower will house a 125-key luxury hotel in addition to private residences.
08 February 2017 00:31