Real Estate Maui Hawaii Blog

Mark and Lisa bring you the latest on the Hawaii real estate market, events, fundraising benefits, news, sports, new island developments, tips to help you buy or sell a home and more. Subscribe to receive updates on our weekly blog today!

New Maui Mall Owner

Alexander & Baldwin are selling the Maui Mall to Mainland investors.
November 29, 2013

New Maui Mall Owner

Second Maui HomeFor those of you second Maui home buyers who like to keep an eye on real estate investment activities on this beautiful island in the Pacific, you may be interested in the recent sale of Maui Mall to a pair of Mainland investors. If you're on the fence about investing in a residential Maui property, this should bolster your confidence.

Alexander & Baldwin Inc. recently announced their sale of Maui Mall to the Mainland investors, but did not disclose the price. What stands out the most is that Alexander & Baldwin was not actively seeking to sell the mall, which means it was the investors who sought out the purchase.

As for the future of the mall, A&B president and COO Christopher Benjamin expressed his certainty that the new owners would help the mall to continue thriving, especially thanks to their extensive experience and relationships in retail properties. Those new owners are Denver-based Alberta Development Partners and an affiliate of Chicago-based Walton Street Capital LLC. The sale is expected to close early next year.

If you're not familiar with the mall, it is anchored by Whole Foods Market, Longs Drugs/CVS, Wallace Theaters and IHOP. It is currently being expanded to accommodate a T.J Maxx store.

If you are on the lookout for a good Maui real estate investment in either homes or condos, and you need assistance, you'll find our contact information at the bottom of the page. We would be happy to assist you. Mahalo for reading this week!

RealEstateMauiHawaii.com - By Mark Harbison

Blogs for November 2013

New Maui Mall Owner

Posted on November 29, 2013
New Maui Mall Owner

For those of you second Maui home buyers who like to keep an eye on real estate investment activities on this beautiful island in the Pacific, you may be interested in the recent sale of Maui Mall to a pair of Mainland investors. If you're on the… Continue Reading

Fundraiser for the Maui Historical Society

Posted on November 22, 2013
Fundraiser for the Maui Historical Society

One of the reasons why we are so lucky to live on Maui is the rich Hawaiian culture that so many residents strive to enhance. As time passes, all places change, but we can rest assured that there are those who are working hard to… Continue Reading

Maui Home Prices Up 12 Percent

Posted on November 15, 2013
Maui Home Prices Up 12 Percent

For those of you who have been following Maui real estate trends, the recent report from the Realtors Association of Maui (RAM) shouldn't be surprising. Evidently, the Maui County median price of a single-family home was $545,000. That's a 12 percent increase compared to the… Continue Reading

Holiday Benefit for the Pacific Cancer Foundation

Posted on November 08, 2013
Holiday Benefit for the Pacific Cancer Foundation

Mark your calendars for November 23rd if you are passionate about fighting cancer. It is once again the time of year when the Maui community comes together for the Pacific Cancer Foundation benefit at the Yokouchi Estate, a beautiful Maui property in Wailuku. This… Continue Reading

Maui Recycling and Employment Boost

Posted on November 01, 2013
Maui Recycling and Employment Boost

Here on Maui, there are often reports about falling unemployment these days, and there are a lot of major strides being made in green living. However, it's not often that we hear about substantial gains in both categories via one project. That's exactly what we're seeing… Continue Reading

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Mark and Lisa

Mark A Harbison
R(B) (GRI) (CIPS) (TRC)

Mark@RealEstateMauiHawaii.com

(808) 283-3785

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