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Thursday, February 23, 2012

First Insurance Center To Be Sold for $70.5 Million

Pacific Office Properties Trust Inc. has announced that they will be selling the First Insurance Center to the Senior Housing Properties Trust for $70.5 million.  The First Insurance Center is located next to the Straub Clinic and Hospital on the corner of Ward Avenue and Beretania Street.  According to Pacific Office Properties Trust Inc. the transaction is expected close on or before June 30, 2012.
Source: Honolulu Star Advertiser, 2-23-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor
Global Executive Realty, LLC
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