421-Alakawa-St-Honolulu-HI

Benderson Expands to Hawaii, Acquires 130,000 SF Retail Asset in Honolulu

by Amy Works

HONOLULU — Benderson Development has entered the Hawaiian market with the purchase of a retail property, currently occupied by The Home Depot, in Honolulu. Terms of the transaction were not released. Located at 421 Alakawa St., the asset consists of a 130,000-square-foot building and an adjoining two-story parking structure with more than 600 stalls. Based in Sarasota, Fla., Benderson Development is a privately held, family-owned real estate company with more than 1,000 properties totaling over 58 million square feet across 41 states.

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