City: Honolulu

Honolulu Star-Bulletin First Hawaiian Bank paid $14.2 million for 2323 Kamehameha Highway, a 115,000-square-foot industrial property in Kalihi, Hawaii. The bank purchased the property from Lenakona Development Ltd. First Hawaiian purchased an adjacent 135,000-sf parcel from Lenakona in 1991 and ...

The Bascom Group has paid $63.3 million for Oasis at Waipahu Apartments, a 406-unit complex in Waipahu, Hawaii. The Irvine, Calif., investor purchased the property from a group operating as Sunset Villas Apartments. Eastdil Secured brokered the transaction. Capmark Finance ...

Honolulu Star-Bulletin A venture that includes Westbrook Partners LLC, Farallon Capital Management and Lodging Capital Partners LLC has pulled the 540-room Fairmont Orchid Hawaii in Honolulu from the sales block. The property was awarded to an undisclosed buyer last year, ...

Honolulu Star-Bulletin Hyatt Corp. will not meet an extended deadline to close on its $445 million purchase of its flagship hotel in Waikiki, Hawaii. The Chicago hospitality firm had agreed to purchase the 1,230-room hotel from Azabu Buildings Co. of ...

A venture led by Douglas Emmett Inc. has paid $18 million for 932 Ward Ave., a 78,298-square-foot office building in Honolulu. The Santa Monica, Calif., REIT teamed with Richard Gushman, the head of DGM Group, one of Hawaii's most active ...

Pacific Business Journal Rents for industrial space rents on the island of Oahu in Hawaii reached a record-high average of $1.31/sf per month at the end of 2007. The average rose 19 percent from a year earlier and 90 percent ...

Star Bulletin The Hawaii Public Television Foundation is marketing for sale a 28,761-square-foot development site in Waikiki, Hawaii. CB Richard Ellis has the listing for the property, at 1812 Kalakaua Ave., next to a Hard Rock Cafe. The foundation acquired ...

A 386,000-square-foot portfolio of six retail properties and one office building, all in Hawaii, is available for sale. The Honolulu office of CB Richard Ellis and Faris Lee Investments of Irvine, Calif., have the listing for the portfolio, known as ...

Star Bulletin Redico has acquired a 266,000-square-foot office building in Honolulu for about $50 million from Ellis Partners. Ellis acquired the leasehold on the property, known as 677 Ala Moana Building in the city's Kakaako area, for $20.4 million in ...