The deal marks one of the largest office sales in Hawaii thisyear. It also represents one of the Andersons' first large realestate purchases outside Southern California.
The 478,000-sf waterfront development's twin towers rise 20stories. Eastil Realty began marketing the project on behalf ofMitsui Fudosan USA Inc. earlier this year, and escrow is expectedto close within a few weeks.
John Anderson heads Topa Equities Ltd., an LA-based holdingcompany that owns several projects in upscale areas that includeBeverly Hills, Century City, Brentwood and Westwood. Topa alsooperates some of the nation's largest beverage-distributioncompanies, including Ace Beverage and Mission Beverages.
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