SOLDOffice
Brian Bowers Buys 1601 Kapiolani Boulevard Office From Shaw Foundation Singapore Based For $18.8M
1601 Kapiolani Boulevard
$18,800,000
Building Size
—
Asset Type
Office
Closing
Jul 18, 2025
AI
An office building at 1601 Kapiolani Boulevard in Honolulu, Hawaii, sold for $18,800,000.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $18,800,000
- Address: 1601 Kapiolani Boulevard
- Market: Honolulu, HI
- Date: 07/18/2025
- Buyer: Brian Bowers - Bowers + Kubota
- Seller: Shaw Foundation
- Note: Bowers + Kubota bought the 1601 Kapiolani Blvd. office building in Honolulu for $18.8 million from Singapore-based Shaw Foundation, which is divesting its Hawaii assets.
Key parties include Brian Bowers of Bowers + Kubota as the buyer and Shaw Foundation as the seller. Shaw Foundation is a Singapore-based foundation divesting its Hawaii assets.
Players
Honolulu Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.84%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93