The Office of Hawaiian Affairs has announced that they have purchased the Gentry Pacific Design Center located at 560 N. Nimitz Highway. The 4 acre lot already has a 185,787 sq ft building on the property and will eventually become the new home for the Office of Hawaiian Affairs corporate offices. OHA current approximately 150 people and leases a space in the Pacific Park Plaza with an annual rent of approximately $1 million. Chief Executive Officer for OHA, Kamana’opono Crabbe, stated, “The acquisition represents another meaningful step forward in our strategy of creating new opportunities to improve conditions for all Native Hawaiians. This acquisition will be a positive addition to OHA’s portfolio as we diversify our investments.”
Source: Honolulu Star Advertiser, 8-23-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
