NAI ChaneyBrooks Assigned Exclusive Leasing Agency for AEON’s Lake Town Shopping Center,
HONOLULU, Hawaii (May 8, 2009)— NAI ChaneyBrooks has been designated exclusive leasing agent for AEON’s Lake Town Shopping Center located in the Tokyo suburb of Koshigaya, Japan. The Honolulu firm will also be representing more than 120 AEON shopping centers throughout Japan and China.
Lake Town is a super mega-mall, which opened in October of 2008. The retail complex is truly a giant by any standards: more than 560 specialty stores totaling 2.3 million square feet of retail space, employing more than 9 thousand employees, surrounded by a parking facility that accommodates 8,200 cars and 6,200 bicycles. Approximately 120,000 shoppers flock to Lake Town on any given weekend giving it the reputation of being “the Mall of Japan”. Brooks Brothers, Sports Authority, Starbucks, Krispy Kreme Doughnuts, Skechers, GAP, Kuaina Burger, and Build-a-Bear are some of the US retailers that are already operating and flourishing at Lake Town.
Tess de Jesus Awarded Aaron Chaney Property Manager of the Year
HONOLULU,
HI – NAI ChaneyBrooks Senior Property
Manager Tess de Jesus was awarded the coveted, Aaron Chaney Property Manager of
the Year Award by Building Management Hawaii (BMH). According to Louis
Siracusa, Jr. of Phoenix Security Hawaii “…Dedication is an understatement.
I’ve worked with hundreds of property managers and none are this good…”
Chaney, Brooks & Company Opens Sales Office in Tokyo, Japan
Honolulu, Hawaii (October 30, 2008) - Chaney Brooks & Company LLC in partnership with the Fifield Companies has opened a sales and marketing office in Tokyo at the Imperial Hotel Office Tower. The sales office is located within the glitzy Ginza district and has been opened to market and promote the Allure Waikiki and Allure Las Vegas condominium projects to Asian investors.
Honolulu based Chaney Brooks is one of the largest and oldest real estate services company, locally owned and operated. Over the years, the company has become a leader in the area of cross-border, international real estate transactions. Most recently, it was involved in the brokerage of real estate involving some of the largest publicly traded Japan organizations including Don Quijote and Round One. The company’s 50 year track record and its multicultural and multilingual real estate professionals are widely recognized and sought after by international investors entering the Hawaii, Guam and US markets.
Developer of Waikiki condo pursues investors from Asia
The developer of the residential luxury tower Allure Waikiki rising at the former Wave Waikiki nightclub site is concentrating part of its marketing effort on investors in Asia.
Fifield Cos., the developer of the 291-unit project, has partnered with Honolulu-based real-estate firm NAI ChaneyBrooks to open a sales and marketing office in Tokyo.
The sales office in the Imperial Hotel Office Tower in Tokyo's glitzy Ginza district was established to also sell units in another Fifield condo project, Allure Las Vegas.
Steve Sombrero, president of ChaneyBrooks, said it's an opportune time to open a Tokyo sales office because of what he called the economic pendulum shifting toward Asia and Japan. "The yen is at an all-time high and the Japanese are once again ready to invest," he said in a statement.
Sales agents in the office plan to take the marketing effort on the road to Seoul, Singapore, Shanghai and Beijing, Sombrero said. "We are currently in a buyer's market and therefore, we are venturing out to the markets where the buyers reside."
Prices for Allure Waikiki units range from $668,050 to $2.1 million. As of about three weeks ago, the project reported having about 60 binding sales contracts, and the developer aims to have all units sold upon completion of construction scheduled for early 2010.
Sourece: Honolulu Advertiser 11/1/2008
Honolulu Prince Hotel Sold
HONOLULU, HI -- Kohei Hakamada, International Real Estate Advisor with NAI ChaneyBrooks’ Honolulu office represented the seller, Prince Co., Ltd, based in Japan, who originally bought the Honolulu Prince Hotel on December 30, 1997 for approximately $8.6 Million. The East Coast based buyer, CR Nahua LLC, purchased the leasehold hotel for $7,750,000.00.
It was a particularly complicated transaction because there were unresolved issues that date back to the day when the property was acquired including multiple layers of subleases, perpetual tenant leases and encroachment issues. Through careful and diligent work by Kohei Hakamada and his team of legal advisors and planners, NAI ChaneyBrooks prevailed in keeping the transaction intact until all issues were resolved one by one to the satisfaction of the East Coast based Buyer.
Kohei Hakamada (S) International Client Services Advisor for NAI ChaneyBrooks Represented the seller of the Honolulu Prince Hotel.
A&B Properties Sells Honolulu Property for $45 Million
Capitalizes on Strong Commercial Market in Urban Core
HONOLULU – (September XX, 2007) – A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NASDAQ: ALEX), has sold its fee simple interest in a four-acre commercial parcel in Honolulu, close to Ala Moana Shopping Center, for $45.5 million. The buyer and previous ground lease holder, Don Quijote (USA), closed the transaction on September 14, and will continue to operate its U.S. flagship store at the location.
A&B Properties CEO Stanley M. Kuriyama said, “Don Quijote’s unsolicited offer allowed us to capture the property’s embedded intrinsic value well ahead of our original schedule.
The developer of the residential luxury tower Allure Waikiki rising at the former Wave Waikiki nightclub site is concentrating part of its marketing effort on investors in Asia.
