Commercial Real Estate

Home » Businesses » Commercial Real Estate

Kailua Town Center_cropped2_2014.02

A&B Properties, a subsidiary of Alexander & Baldwin, is a premier Hawaii real estate company focused on commercial real estate with interests in development, land management and investments throughout the state. We own, operate and manage commercial properties in Hawaii and on the U.S. Mainland. We focus on the acquisition of high-quality retail, office and industrial properties seeking to increase margins over time by improved occupancy levels, rent growth and cost control.

The portfolio, which began in 1989 with the reinvestment from proceeds of landholdings in Wailea, Maui, grew to be a highly diversified collection of income properties offering a balanced mix of tenants, geographies and asset classes. Over the last few years, we have migrated much of the Mainland portfolio to Hawaii, where we believe we can create greater value for our shareholders over the long run, and now derive the majority of portfolio net operating income from retail properties in the state. A&B is the state’s second largest owner of retail commercial properties and the largest owner of anchored strip-retail centers. In addition to the commercial property portfolio, we generate revenue and earnings from a variety of land leases, licenses and other agreements related to real estate in Hawaii.

Visit A&B Properties »