Waikoloa, HI
The Shops at Mauna Lani Unveils a Visionary Transformation Under New Ownership & Leasing Leadership
March 9, 2026
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Sr Manager, Mktg & Comm
The Shops at Mauna Lani is entering a new era, with a new ownership group and leasing team spearheading the revitalization of this open-air lifestyle center. Positioned at the gates of the Mauna Lani corridor of the Waikoloa Resort Area, this center immediately services the luxury resorts and residences that surround The Shops at Mauna Lani, as well as the nearby Waikoloa Village.
Available spaces at The Shops at Mauna Lani include a built-out anchor restaurant and in-line retail spaces. The center benefits from strong visitor fundamentals with high occupancy and average daily rates for the surrounding resorts, an impressive concentration of wealth from Hapuna Beach through Waikoloa Village, and is bookended by established anchors Tommy Bahama Restaurant & Bar and Foodland Farms.
This beautifully designed, pedestrian and bike-friendly center is re-emerging with major capital improvements, a dynamic new leasing team, and an elevated vision to serve one of Hawaii’s most affluent resort communities. Notable planned improvements include experiential additions to the common areas, aesthetic upgrades, landscaping, wayfinding & lighting.
“Re-imaging retail and curating the best mix of tenants requires a hands-on approach when considering demographics, location and need. Its irreplaceable and highly visible location is galvanized by the surrounding resort communities of Mauna Lani and the Waikoloa Village. Opportunities to own generational properties with strong surrounding demographics has been our retail strategy the last five years. The Shops at Mauna Lani checked all the boxes,” said Jim Brooks, president of Los Angeles based BH Properties.
As part of CBRE Retail Services, the team of Kelly Graf, Connor Patterson, Kenny Brooks, Wendell Brooks and Kimo Greenwell, noted, “We are energized by BH Properties’ dedication to delivering a revitalized and reimagined center with The Shops at Mauna Lani”. Target uses for The Shops at Mauna Lani include chef-driven restaurants, lifestyle retailers, boutique fitness and wellness, as well as the best of Hawaii’s local brands.
“We are looking forward to unveiling the best-in-class merchandise mix we have planned for The Shops at Mauna Lani, aligned with the upscale and active lifestyle of Mauna Lani. Thoughtfully designed as a destination for family gathering, shopping and eating”, said Kelly Graf, associate at CBRE.
About CBRE Group, Inc.
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 2025 revenue). The company has more than 155,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, data center solutions); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.