facebook

traded

+ Submit
Home

/

Deals

/

Hawaii

/

Industrial

/

Sale

/

1302 Elm Street

Tradewinds Capital LP Acquires Industrial Properties In Honolulu For $17.7 Million From Twenty Lake Holdings
SOLDIndustrial

Tradewinds Capital LP Acquires Industrial Properties In Honolulu For $17.7 Million From Twenty Lake Holdings

1302 Elm Street & 824 Sheridan Street

$17,700,000

Building Size

Asset Type

Industrial

Closing

Sep 18, 2025

AI

The transaction involves two parcels previously owned by Meadow Gold Dairies located at 1302 Elm Street and 824 Sheridan Street in Honolulu, HI. The asset type is classified as Industrial, and the sale price was $17,700,000.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $17,700,000
  • Buyer: Tradewinds Capital LP
  • Seller: Twenty Lake Holdings
  • Broker: Matt Bittick - CBRE

Tradewinds Capital LP completed the purchase from Twenty Lake Holdings, facilitated by broker Matt Bittick from CBRE, highlighting the involvement of key industry representatives in this transaction.

Players

Matthew Bittick

CBRE

Broker

$17.7M

vol

1 deal

Broker

Honolulu Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.90%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93