Vacancy drops slightly Hawaii’s retail vacancy rate drops slightly from 6.5% for Q3 2022 to 6.3% for Q4 2022 Net absorption increases Statewide net absorptio
CBRE is the leading full-service commercial real estate company in Hawaii
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Locally CBRE was responsible for more than 401 lease and sales transactions valued at approximately $563.1 million in 2022 and currently manages 8.3 million square feet of commercial properties. CBRE Hawaii employs a staff of more than 80 professionals in 8 offices (including on-site management offices) on three of the four major islands of Oahu, Maui and Kauai. Its spectrum of services includes Advisory & Transaction Services for office, retail and industrial properties, Capital Markets, Property Management, CBRE Hotels, Valuation & Advisory Services, Assessment & Consulting Services, Debt & Structured Finance, GWS Facilities and Project Management. CBRE in Hawaii is responsible for leasing more than 50% of the Class A office buildings in downtown Honolulu and participating in some of the Island's largest sales.
The Honolulu office is in the heart of downtown's Central Business District on the island of Oahu. In a region consisting of a land area of 6,423.4 square miles scattered on islands in the Pacific Ocean, the offices on Maui, Kauai and the Big Island (Hawaii) provide clients with a personal touch on those islands.
CBRE Hawaii is poised to serve clients wishing to take advantage of Hawaii's unique location and advanced telecommunications infrastructure.
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Press Releases
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Press Release
Blair Bonuccelli Joins CBRE as Hawaii Market Leader
CBRE announced it has appointed Blair Bonuccelli Managing Director and Market Leader for its Hawaii business, effective today.
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CBRE announced the sale of Pacific Park Plaza in Honolulu for $57.6 million to The STG Group on June 23, 2022.
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Press Release
Jason Hepton joins CBRE’s Industrial Team in Hawaii
CBRE today announced the addition of Jason Hepton to its industrial practice in Hawaii. Mr. Hepton, who will be based at the Honolulu office, is moving back home from Woodland Hills, California where he was at CBRE’s Advisory & Transaction Services Consulting division.
Research Reports
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Net absorption remains low this quarter with limited actual availability Hawaii’s industrial sector posted 151,443 SF of net absorption YTD 2022. In comparison, net abs
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Q3 2022 Hawaii Hotel Figures
Hotel Hawaii RevPAR continues to increase another 55.2% year over year from $177.51 in Q3 2021 to $275.57 in Q3 2022. Average Daily Rate (ADR) incr
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Report
Hawaii Market Outlook 2022
The Hawaii 2021 Year in Review and 2021 Market Outlook captures trends and expectations across many facets of the Hawaii commercial real estate market. Topics include an overview o
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Proof of vaccination eases burden of entry, leading to tourism spikes with over 500,000 total travelers visiting in September RevPAR dramatically increased 441% year over year
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Some CBRE coworkers are teaming up to provide masks for healthcare workers and nursing home residents on several Hawaiian islands.
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