Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about A&b Expands Commercial Real Estate Portfolio With $26.5M Kapolei Warehouse Acquisition
Real Estate

A&b Expands Commercial Real Estate Portfolio With $26.5M Kapolei Warehouse Acquisition

by benzinga.com posted 1month ago 11 views
HONOLULU, April 8, 2019 /PRNewswire/ -- Alexander & Baldwin (A&B) (NYSE:ALEX) today added another quality industrial asset with the completion of the off-market acquisition of Kapolei Enterprise Center (KEC), a newly constructed Class-A warehouse building in Kapolei. Construction of the 93,000 square-foot building was completed in March. KEC features 40-foot clear heights, an ESFR sprinkler system, dock-high loading and roll-up, drive-in doors. The property was 100 percent pre-leased before completion, with 51 percent of the space leased to Best Buy and the remainder leased to Hawaii Transfer Co., Ltd., a Hawaii-based distribution and logistics company.

In this article