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KAHULUI, Hawaii, May 7, 2021 /PRNewswire/ Alexander & Baldwin (NYSE: ALEX) (A&B), Hawaii s premiere commercial real estate company, today announced a large land sale and the expansion of its land offerings at its Maui Business Park development. Buyer interest in the retail, commercial and light industrial business park located near Kahului Airport has remained strong throughout the COVID pandemic. Since March of last year, A&B has sold 8.7 acres of land for $15.1 million.
Maui Business Park Phase II
Jeff Pauker, SVP, Investments Today s closing of the sale of five land parcels in Maui Business Park Phase II ( MBPII ) reflects continued buyer interest in this well-located project despite the challenges presented by COVID, said Jeff Pauker, A&B senior vice president, investments. In response to this sales momentum, A&B is bringing to market additional lands with exceptional frontage along Ho okele Street – Kahului s most active commer