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A&B Properties takes over West Oahu industrial Park
21 July 2010: A&B Properties, Inc, has acquired the Komohana Industrial Park (“Komohana”), a fee simple, 35-acre complex located in Kapolei, West Oahu, for $38 million (approx 178.6 crore).
It includes five single and multi-tenant warehouse buildings totaling 2,38,300 sq ft of leasable space, together with 24 acres of land that are leased to two tenants. All 35 acres are zoned “Industrial,” allowing for a variety of commercial and light and heavy industrial uses.
Komohana is part of the 1,000-acre Campbell Industrial Park, one of Oahu’s principal industrial markets, in the master-planned city of Kapolei. Developed over a nearly twenty-year period starting in 1974, Komohana Industrial Park is leased to national and local manufacturing and construction companies.
Source: Business Standard