James Shipman, Senior Vice President of CBRE, is a former Director and Shareholder of CB Richard Ellis Hawaii, Inc. prior to its sale to CBRE. He has been with the company since 1989 and has worked with a number of institutional and local clients.
Responsibilities for these transactions have included creating and implementing strategies for the lease, sale, and disposition of new and existing commercial property, reducing occupancy costs; analyzing various financial alternatives; disposition of excess property and commercial space; acquiring and repositioning commercial property; and negotiating leases, subleases, and purchase and sale contracts.
Current assignments include First Hawaiian Center, FIRST HAWAIIAN BANK’s corporate headquarters, DOLE FOODS’ sale of approximately 4,000 acres of agricultural land on the North Shore of Oahu, BRUE BAUKOL CAPITAL PARTNERS’ sale/ease of approximately 4,700 acres of land on Kauai’s south shore, THE HARRY & JEANETTE WEINBERG FOUNDATION’s leased-fee sales, and SONY’s 3.17 acre mixed use campus in Mapunapuna consisting of 93,000 SF located in 4 buildings.
Past assignments include the sale and lease of the 100,000 SF Airport Center, formally owned by HAWAIIAN AIRLINES, the conversion of 1100 Alakea Street, a 176,000 SF office building repositioned as a for sale commercial condominium with 53 units. The project offered investor units and owner-occupant units in finished and loft conditions. James and his team assisted A&B Properties, Inc. with the entire process and had successfully marketed and sold out the project within 18 months of issuance of the Final Public Report.
And the successful lease up of the 125,000 SF Hale Pawaa Medical office building, developed by Healthcare Realty Trust, where Jim and his team secured the highest lease rents in the marketplace.
The success of Hale Pawaa led Healthcare Realty Trust to turn over the management and leasing of the remainder of its Hawaii portfolio, Pali Momi Medical Building (80,000 SF) and Kapiolani Women and Children Center (85,000 SF) to CBRE.
Education
- University of California at Los Angeles (UCLA), Bachelor of Science in Economics
- Punahou School, Honolulu, Hawaii
Professional Accreditations
- Licensed real estate broker in the State of Hawaii
- Punahou Alumni Association
- Punahou O-men Lifetime Member
Significant Assignments
- Kahuku Land Parcels*
188 acres
- Pacific Guardian Center
630,000 SF
- Alii Place
312,000 SF
- Pacific Park Plaza*
250,000 SF
- Waikiki Trade Center
205,000 SF
- 1100 Alakea
176,000 SF
- United States Post Office Downtown
175,000 SF
- 1357 Kapiolani Blvd
130,000 SF
- Hale Pawaa
125,000 SF
- Airport Center*
111,000 SF
- First Hawaiian Center
100,000 SF
- SONY,
93,000 SF
- Kaimuki Plaza
70,000 SF
- Waterfront Mart
40,000 SF
*Sales & Leasing
Select Client List
- Brue Baukol Capital Partners
- Church of Ladder Day Saints
- Crum & Forster
- DiWalt LLC (Walter Dods)
- Dole Foods
- First Hawaiian Bank
- Harry & Jeanette Weinberg Foundation
- Hawaiian Airlines
- Ikenakea Development Company
- Kee-Thelma Inc.
- Parsons
- Property Reserve Inc
- ProService Hawaii
- SONY Corporation
- The Michaels Organization
- Zane & Zane Inc
