SOLD
Airport Center Office Tower In Honolulu, HI Sold For $17.5M With Buyer's Rep Cushman & Wakefield And Seller's Rep CBRE
3049 Ualena Street
Office
111,109 SF
111,109 SF
Sold 310 days ago
Summary
Sale
HAWAII
Office
111,109 sqft
Airport Center, a Class B multi-tenant office tower located near the Daniel K. Inouye International Airport in Honolulu, was sold for $17.5 million. The transaction took place on March 1, 2023. The property, located at 3049 Ualena Street, spans a total area of 111,109 square feet. The sale price equates to approximately $158 per square foot. The office market in Honolulu remains strong, attracting continued interest from investors.
Summary of transation details
- Property Type: Office
- Transaction Amount: $17,500,000
- Square Footage: 111,109
- Price per Square Foot: $158
- Address: 3049 Ualena Street, Honolulu, HI
- Market: Honolulu, HI
In this transaction, Chaney Brooks, Rock Tang & John Rankin from Cushman & Wakefield represented the buyer. James Shipman from CBRE acted as the seller's representative. Both brokerage firms highlighted the strength of the Hawaii office market and the ongoing interest from investors in the region.
Players
All
6
Agents
4
Agencies
2
Details
SOLD
IMAGE: James Shipman
DATE: 03/01/2023
ADDRESS: 3049 Ualena Street
MARKET: Honolulu, HI
ASSET TYPE: Office
BUYER'S REP: Chaney Brooks, Rock Tang & John Rankin - Cushman & Wakefield
SELLER'S REP: James Shipman - CBRE
SALE PRICE: $17,500,000
SF: 111,109 ~ PPSF: $158
NOTE: Airport Center, a Class B multi-tenant office tower located near the Daniel K. Inouye International Airport in Honolulu, was sold for $17.5 million. CBRE and Cushman & Wakefield ChaneyBrooks represented the seller and buyer, respectively, in the fee simple transaction, highlighting the strength of the Hawaii office market and the continued interest of investors in the region.View on map
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Address3049 Ualena Street
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