If you would like further information, click here and feel free to give me a call to discuss further.
A small office building recently came on the market that I really like. This property, at approximately 10,000-sq. ft., is located one block from Ala Moana Shopping Center, has great parking, and will offer the buyer a great term of ownership. This property is listed by another firm, but I believe it’s a great buy and it will sell in the near future. I thought it would be worth sharing with you to keep up on good buys in the marketplace.
If you would like more information, click here and feel free to give me a call at 808-523-9708 to discuss further.
The attached article details additional flights both from the United States and from Asian countries, showing a strong pickup for the economy in Hawaii in the near future.
Star Advertiser – Airlines taking wing for isles again
The simple answer to this question is yes.
In our marketplace, vacancy rates are generally lower than most parts of the United States Mainland. In recent offerings, we have seen stronger interest, more bidders, more cash offers, and lower rates of returns for the buyers.
There does seem to be a flight to quality and certainly investors today are demanding immediate cash flow as opposed to waiting several years for monthly cash flows.
With the stock market’s fluctuations our clients are more than happy to receive returns in the 6% to 8% per year range on commercial real estate in Hawaii.