Mitch Brown

  • Bank of Hawaii Waikiki Center Changes Owners

    Shoei USA Inc. has acquired the Bank of Hawaii Waikiki Center from Honolulu-based Pacific Office Properties Trust Inc. and its Mainland partner. According to the Pacific Business News, NAI ChaneyBrooks represented the buyer in the transaction. Financial terms of the deal were not disclosed. Located at 2155 Kalakaua Avenue near the Waikiki Beach Walk, this landmark nine-story property offers more than 150,000 square feet of office and retail space, along with 219 parking stalls. Its tenants include Bank of Hawaii, Starwood Hotels & Resorts, Aston Hotels, JTB Hawaii, 7-Eleven and the Teddy Bear World. Last May, the building’s former owners put the property on the market for $38 million. Larry Taff, president and CEO of Pacific Office Properties, told the newspaper that the company’s partner, a group of Mainland investors, owned an 83 percent interest in the property.

    Honolulu 25 February 2013 06:24

You May Also Like

  • From Tax Cuts to Rate Cuts

    A growing number of large investor-owned electric utilities plan to pass along their windfall from corporate tax cuts in the form of lower rates. Where will customers benefit?

    15 February 2018 14:45
  • C&W Arranges $14M Retail Sale in Queens

    Midwood Investment & Development sold the fully leased, three-unit retail asset in Queens for $13.5 million.

    10 January 2018 15:57
  • OC Office Campus Undergoes Transformation

    Lincoln Property has begun the renovation of a 150,000-square-foot facility in Los Alamitos, Calif. The property consists of two buildings that were constructed more than four decades ago.

    31 January 2018 10:00
  • NKF Facilitates Boston-Area Office Deal

    The company arranged the sale of a 104,000-square-foot Woburn property. The asset is part of a corporate hub located on the northern edge of the Greater Boston area.

    30 January 2018 10:56
  • Top 5 Retail Space Sales

    PropertyShark compiled the top 5 sales in retail for November 2017 in New York City.

    30 December 2017 17:00