Latest news with #Hawai'i-based
Yahoo
3 days ago
- Business
- Yahoo
Alexander & Baldwin to Participate in Nareit's REITweek: 2025 Investor Conference
HONOLULU, May 30, 2025 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator, and developer of high-quality commercial real estate in Hawai'i, today announced that its management team will participate in Nareit's REITweek: 2025 Investor Conference in New York. A&B will present an overview of its business and operations, followed by a question and answer session. Alexander & Baldwin PresentationDate: Tuesday, June 3, 2025Time: 9:30 a.m. – 10:00 a.m. Eastern TimeEvent Link: Alexander & Baldwin Webcast The webcast may be accessed at the above link. A replay of the webcast will also be made available. Investor Materials for the conference scheduled for June 2–5, 2025, may be accessed on the Company's website at About Alexander & Baldwin, & Baldwin, Inc. (NYSE: ALEX) (A&B) is the only publicly-traded real estate investment trust to focus exclusively on Hawai'i commercial real estate and is the state's largest owner of grocery-anchored, neighborhood shopping centers. A&B owns, operates and manages approximately 4.0 million square feet of commercial space in Hawai'i, including 21 retail centers, 14 industrial assets and four office properties, as well as 146 acres of ground lease assets. Over its 155-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries. Learn more about A&B at Contact:Jordan Hinojhino@ View original content to download multimedia: SOURCE Alexander & Baldwin, Inc. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Yahoo
5 days ago
- Business
- Yahoo
Alexander & Baldwin Announces New Development Project at Komohana Industrial Park
Construction of Two Class A Industrial Buildings Expands Industrial Inventory in Kapolei HONOLULU, May 29, 2025 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator, and developer of high-quality commercial real estate in Hawai'i, announced it will redevelop a portion of its largest industrial asset, Komohana Industrial Park ("KIP") in Kapolei, O'ahu, with the construction of two Class A industrial buildings totaling approximately 121,000 square feet of gross leasable area ("GLA"). The project will replace an existing 16,000-square-foot building on 5.7 acres of land with a 91,000-square-foot build-to-suit distribution center that is pre-leased to Lowe's and a 30,000-square-foot spec build that could be divided into two 15,000-square-foot-units. Upon completion, KIP's GLA will increase 44% to approximately 343,000 square feet. Construction of the two buildings is expected to be completed in the fourth quarter of 2026. "We identified an opportunity to convert under-utilized yard area into new warehouse space, consistent with Alexander & Baldwin's strategy of using our existing inventory of industrial-zoned land to meet the needs of one of the tightest industrial markets in the U.S.," said Lance Parker, president and chief executive officer. "Once complete, Komohana Industrial Park will have nearly 350,000 square feet of GLA with additional land available for future development." "Our ability to pre-lease 75% of this expansion to a high-quality national retailer with a build-to-suit structure speaks to our development capability and demonstrates the strength of the Hawai'i industrial and retail markets," added Jordan Brant, senior vice president of leasing. "Local consumer preferences have evolved with buy-online-pick-up-in-store, and as a result, retailers continue to drive demand for high-quality industrial space to carry inventory and provide faster delivery times." ABOUT ALEXANDER & BALDWIN Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) is the only publicly-traded real estate investment trust to focus exclusively on Hawai'i commercial real estate and is the state's largest owner of grocery-anchored, neighborhood shopping centers. A&B owns, operates and manages approximately 4.0 million square feet of commercial space in Hawai'i, including 21 retail centers, 14 industrial assets and four office properties, as well as 146 acres of ground lease assets. Over its 155-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries. FORWARD-LOOKING STATEMENTS Statements in this release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding possible or assumed future results of operations, business strategies, growth opportunities and competitive positions. Such forward-looking statements speak only as of the date the statements were made and are not guarantees of future performance. Forward-looking statements are subject to a number of risks, uncertainties, assumptions and other factors that could cause actual results and the timing of certain events to differ materially from those expressed in or implied by the forward-looking statements. These factors include, but are not limited to, prevailing market conditions and other factors related to the Company's REIT status and the Company's business, the evaluation of alternatives by the Company related to its non-core assets and business, and the risk factors discussed in the Company's most recent Form 10-K, Form 10-Q and other filings with the Securities and Exchange Commission. The information in this release should be evaluated in light of these important risk factors. We do not undertake any obligation to update the Company's forward-looking statements. Learn more about A&B at Leasing Contact:Cheyne Menchcmench@ Media Contact: Tran Chinerytchinery@ Investor Contact:Jordan Hinojhino@ View original content to download multimedia: SOURCE Alexander & Baldwin, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Third annual Hawaii-made Conference addresses issues small businesses face
HONOLULU (KHON2) — It's an important event for Hawaii's small businesses. The third annual Hawaii-Made Conference will take place May 20 at the Hawaii Convention Center. The event will be hosted by the Department of Business, Economic Development and Tourism. Hard times made tougher as small businesses deal with theft, vandalism According to DBEDT Deputy Director Dane Wicker, DBEDT's mission is to support a diverse and globally competitive economy for Hawai'i. The Hawai'i-Made Conference brings together entrepreneurs, manufacturers, retailers and policymakers to strengthen our product-based designed to give local business owners access to the tools, insights, and connections they need to scale — whether that means breaking into visitor markets, expanding retail opportunities or overcoming production challenges. Wicker noted that when our entrepreneurs thrive, so does the economy. Meli James, who is the co-founder of Mana Up, is the keynote speaker this year. She told KHON2 she wants to help founders understand what makes Hawai'i-made brands truly stand out — not just to consumers, but also to retail buyers. James added that it starts with a great product, but also includes the story behind it, the ability to scale and the openness to evolve. Her goal is to inspire people to think big while giving them practical strategies they can apply right away. Check out more news from around Hawaii Registration is open now at The $50 fee includes access to all sessions, networking opportunities, and the keynote luncheon with Meli James. It's a full day packed with valuable insights, tools, and networking for anyone looking to grow their Hawai'i-based product business. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
16-04-2025
- Business
- Yahoo
Alexander & Baldwin Announces Ground Lease at Maui Business Park
HONOLULU, April 16, 2025 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator, and developer of high-quality commercial real estate in Hawai'i, announced the execution of a 75-year ground lease for 4.7 acres at its Maui Business Park Phase II project in Kahului, Maui. The lease agreement is with a prominent self-storage developer. "I am pleased with the robust commercial activity and strong interest we continue to see at Maui Business Park," said Lance Parker, president and chief executive officer. "This long-term ground lease represents a capital-efficient approach to expanding our portfolio and transforming non-income generating land into a productive asset. With this new relationship, we have an opportunity to invest in the development of the asset as well. Alongside our ongoing build-to-suit development project, this agreement demonstrates our commitment to strategically enhancing our commercial real estate portfolio and delivering value to our investors, tenants, and the local community." ABOUT MAUI BUSINESS PARK PHASE IIMaui Business Park Phase II is a 125-acre, mixed-use development near the Kahului Harbor and Kahului Airport, with immediate and easy access to all parts of Maui Island. The park has successfully attracted national, regional, and local businesses, establishing itself as Maui's prime neighborhood retail and industrial submarket. Leasing and sales are underway for lots ranging from one-half to five acres located within an Opportunity Zone, affording potential tax deferral benefits to qualified land purchasers. For more information on parcels available for sale or leasing opportunities at Maui Business Park Phase II, visit or contact Bill Froelich at ABOUT ALEXANDER & BALDWINAlexander & Baldwin, Inc. (NYSE: ALEX) (A&B) is the only publicly-traded real estate investment trust to focus exclusively on Hawai'i commercial real estate and is the state's largest owner of grocery-anchored, neighborhood shopping centers. A&B owns, operates and manages approximately 4.0 million square feet of commercial space in Hawai'i, including 21 retail centers, 14 industrial assets and four office properties, as well as 146 acres of ground lease assets. Over its 155-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries. FORWARD-LOOKING STATEMENTSStatements in this release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding possible or assumed future results of operations, business strategies, growth opportunities and competitive positions. Such forward-looking statements speak only as of the date the statements were made and are not guarantees of future performance. Forward-looking statements are subject to a number of risks, uncertainties, assumptions and other factors that could cause actual results and the timing of certain events to differ materially from those expressed in or implied by the forward-looking statements. These factors include, but are not limited to, prevailing market conditions and other factors related to the Company's REIT status and the Company's business, the evaluation of alternatives by the Company related to its non-core assets and business, and the risk factors discussed in the Company's most recent Form 10-K, Form 10-Q and other filings with the Securities and Exchange Commission. The information in this release should be evaluated in light of these important risk factors. We do not undertake any obligation to update the Company's forward-looking statements. Learn more about A&B at Media Contact: Andrea Galvinagalvin@ Investor Contact:Jordan Hinojhino@ View original content to download multimedia: SOURCE Alexander & Baldwin, Inc.
Associated Press
28-02-2025
- Business
- Associated Press
Powerhouse E-Bikes Maui Founder Joe Eckstrom Partners with Bandit Electric Bikes to Expand E-Bike Offerings in Hawai'i
Lahaina, HI February 27, 2025 --( PowerHouse E-Bikes Maui is thrilled to announce a strategic partnership between its founder, Joe Eckstrom, and Bandit Electric Bikes. This collaboration aims to enhance the electric biking experience across Hawai'i, providing residents with innovative and eco-friendly transportation options. For over two decades, Joe Eckstrom has been dedicated to showcasing the beauty of Maui through unique biking adventures. His passion led to the creation of Black Rock Bikes Maui, a e-bike rental company committed to offering exceptional e-bike experiences. With the growing demand of E-Bike rentals on Maui from both tourists and residents, it led to the formation of Black Rock Bikes USA, the first Hawai'i-based E-Bike manufacturing company focused on supplying E-bikes directly to the residents of Hawai'i. With the electric bike industry booming, it lacked a leading brick and mortar retailer focused on the E-Bike market. This problem quickly became an opportunity for Joe Eckstrom, and he diligently established PowerHouse E-Bikes Hawai'i. Its focus was to offer the top E-Bike brands at the lowest prices in addition to offering bike service and repairs that are so desperately needed in many ebike communities. PowerHouse E-Bikes Hawai'i opened its first store in Maui as the exclusive retailer for Bandit Electric Bikes. This new partnership represents a significant milestone in expanding e-bike accessibility throughout the Hawaiian Islands. 'Partnering with Bandit Electric Bikes allows us to bring cutting-edge e-bike technology to our community,' said Joe Eckstrom. 'We're excited to offer riders an unparalleled experience as they explore the stunning landscapes of Hawai'i.' Bandit Electric Bikes, known for their high-performance and stylish designs, share a commitment to sustainable transportation solutions. This collaboration will introduce a range of Bandit e-bikes to the Hawaiian market, catering to diverse riding preferences and promoting eco-conscious travel. 'We are delighted to join forces with Joe Eckstrom and PowerHouse Bikes,' stated Richard Cao, CEO of Bandit Electric Bikes. 'Their deep-rooted connection to the Hawaiian community and dedication to exceptional service align perfectly with our mission. Together, we aim to revolutionize the way you can experience Hawai'i on two wheels.' As part of this partnership, PowerHouse E-Bikes Hawai'i has been appointed as the exclusive retailer for Bandit Bikes in the region. Serving Oahu, Maui, Kauai, and the Big Island, PowerHouse E-Bikes Hawai'i is committed to delivering top-quality products and services to e-bike enthusiasts across the islands. 'The best way to explore Hawai'i is with a Bandit Bike!' exclaimed a representative from PowerHouse E-Bikes Hawai'i. 'We're proud to offer these exceptional e-bikes to our customers and look forward to enhancing their riding adventures.' This partnership marks a significant step forward in promoting sustainable and enjoyable transportation options in Hawai'i. With a shared vision of innovation and community engagement, Black Rock Bikes, Bandit Electric Bikes, and PowerHouse E-Bikes Hawai'i are poised to transform the e-biking landscape across the islands. Contact: Address: 30 Halawai Dr., Ste. W2, Lahaina, HI 96761 PowerHouse E-Bikes Hawaii Joe Eckstrom
