CBRE Announces Exclusive Retail Assignment on East Oahu
06 Apr 2021
CBRE awarded exclusive receivership services, leasing, property management and project management for the Hawaii Kai Shopping Center
CBRE announced the appointment of receivership services, leasing, property management and project management for the Hawaii Kai Shopping Center, a 138,167 square foot grocery-anchored neighborhood center located on the island of Oahu.
“It is an extraordinary opportunity for CBRE to bring forward its platform of services to strategically enhance the merchant and customer experience at Hawaii Kai Shopping Center,” said Kimberly K. Lord, Senior Managing Director of CBRE’s Hawaii region. “CBRE has proven its ability to perform by thoroughly understanding the intricacies of neighborhood retail centers and the complexities of receivership situations.”
The Hawaii Kai Shopping Center sits right by the Keahupuaomaunalua Pond on the Hawaii Kai neighborhood on the southeastern shore of the island of Oahu in Honolulu, Hawaii. Tenants at the Center include Safeway, Longs Drugs, McDonald’s and the Queen’s Medical Center, to name a few.
“CBRE couples the insights from its proprietary data technologies with the expertise of its local retail experts to create an optimal plan to stabilize occupancy at the Hawaii Kai Shopping Center,” said Ms. McGarry Curran.
Added Marlene Daley, Director of Property Management for the Hawaii region, “Our initial focus is to improve the operational efficiency and complete capital projects to enhance the Hawaii Kai Shopping Center. We leveraged the expertise of Ronald Nishihara, Director of Project Management for the Hawaii region, for the construction management of necessary projects such as the repavement of the parking lot and the reroofing of one of the buildings in the Center.”
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.