HONOLULU—The Bank of Hawaii Waikiki Center has been sold to Shoei USA Inc., according Pacific Business News. The website cited Honolulu’s NAI ChaneyBrooks, which represented the buyer in the sale, as a source.
The 153,059-square-foot, nine-story building at 2155 Kalakaua Avenue has a mix of office and retail tenants, including Bank of Hawaii, Starwood Hotels & Resorts, Aston Hotels, JTB Hawaii, 7-Eleven and the Teddy Bear World.
The previous owners, Honolulu-based Pacific Office Properties Trust Inc. and a group of Mainland investors, put the center on the market for $38 million last May. The sale price was not given, Pacific Business News said.
Larry Taff, president and CEO of Pacific Office Properties, previously siad that the Mainland group owned 83 percent of the building and his firm owned the remaining portion of it.
NAI ChaneyBrooks has taken over management and leasing of the center.
The property was built in 1980 as a retail center that was anchored by Japan’s Mitsukoshi Department Store. In 1989, it was acquired and redeveloped into a mixed-use office and retail center and was known as the ANA Building.
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