Alexander & Baldwin Inc. (NYSE: ALEX) has sold its medical office building on Maui to the head of Honolulu general contracting firm Allied Builders System for $3.4 million, a spokesman for A&B confirmed to Pacific Business News.
Darren Pai, spokesman for A&B, told PBN that the Honolulu-based company was approached with an unsolicited offer for this property.
“We were able to reinvest some of the proceeds of this sale in the purchase of the Manoa Chevron property, which is adjacent to our Manoa…
Alexander & Baldwin Inc. (NYSE: ALEX) has sold its medical office building on Maui to the head of Honolulu general contracting firm Allied Builders System for $3.4 million, a spokesman for A&B confirmed to Pacific Business News.
Darren Pai, spokesman for A&B, told PBN that the Honolulu-based company was approached with an unsolicited offer for this property.
“We were able to reinvest some of the proceeds of this sale in the purchase of the Manoa Chevron property, which is adjacent to our Manoa…