NAI CHANEY BROOOKS BROKERS HONOLULU OFFICE BUILDING FOR $38 MILLION

Demand for Quality Properties Holds Strong, Strengthening Yen Bolsters Pricing

HONOLULU – (October 26, 2009) – A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (NYSE: ALEX) (“A&B”), announced today that it has completed the sale of the Pacific Guardian Tower (“PGT”), a 130,600 square-foot office building in Honolulu, Hawaii to Maruito USA, Inc., the U.S. subsidiary of Japan-based Maurito Group, a financial services company.

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Steve Sombrero, Chaney Brooks Interview on Hawaii Real Estate Investments
 
Hawaii Real Estate Commercial
 
NAI ChaneyBrooks Expands to Japan

tokyo_dome.jpgHONOLULU, Hawaii (July 24, 2009)—Chaney Brooks & Company announced today that it has partnered with the Maruka Group, a major Tokyo-based real estate, import and manufacturing company, to open NAI ChaneyBrooks Japan Ltd.. The newly formed Japan organization was licensed by NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide, and granted the sole and exclusive market rights for the country of Japan.

 

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NAI ChaneyBrooks Assigned Exclusive Leasing Agency for AEON’s Lake Town Shopping Center,

aeon_laketown.jpg 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.

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Tess de Jesus Awarded Aaron Chaney Property Manager of the Year

building_management_hawaii.jpgHONOLULU, 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…”

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