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Significant Assignments
Hawaii Market
Case Studies
Kukui Grove Center is a 330,000 square foot open-air regional mall located in Kauai County anchored by Macy's, Sears, Longs Drug, and Star Market. Built in 1982, the mall suffered from termite damage, weak economic conditions after Hurricane Iniki (1992), and from increased competition from new strip and resort shopping centers. Retail
In March of 1997, CB Richard Ellis was given the assignment to exclusively sell the commercial office/retail space at Harbor Court, located at 55 Merchant Street in Honolulu's central business district. Harbor Court is a mixed-use leasehold condominium consisting of 201,000 square feet of Class A office/support retail, 120 luxury 2 bedroom/2 bath leasehold condominiums, and a 1,058 stall parking structure which opened in 1994. Office
In September 1988, CB Richard Ellis (then Coldwell Banker Commercial) was hired to exclusively lease and sell Airport Center, located at 3049 Ualena Street.
At that time Airport Center was a 35% vacant leashold property and the building generated a negative cash flow. The listing price was established at $8,800,000 (Leasehold). Office
In March 1987 BetaWest, Inc., a development arm of U.S. West, with C. Itoh and Citybank (Hawaii) broke ground on a new 180,034 square foot leasehold office building located in downtown Honolulu at 201 Merchant Street. That month, CB Richard Ellis (then Coldwell Banker Commercial) was hired to exclusively lease the project named City Financial Tower. Office
 The Shops at Wailea
The Shops at Wailea is a showcase of unique architecture reminiscent of yesteryear, breathtaking water features, mezzo termine courtyard, and meticulously manicured lanscape. CB Richard Ellis coordinated pre-opening asset services between the developer, the general contractor, the architect, and each tenant's build-out team to affect an opening of the entire center on December 1, 2000. Retail
This transaction posed many challenges for the CB Richard Ellis team including, site configuration, building improvement costs, and a nearby U.S. Military base closing. Retail
General Nutrition Corporation engaged CB Richard Ellis to facilitate expansion on all the major Hawaiian Islands. Retail
Sen Plex
In a corporate restructuring, Sen Plex Corporation, the parent company of Oahu Plumbing and Sheetmetel, elected to dispose of most of their real estate investment portfolio. Industrial
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1003 Bishop St.
T 808.521.1200
F 808.541.5155
Senior Managing Director
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