Hawaiian Dredging Construction Company has signed a letter of intent to purchase the historic News Building in Kakaako, with the plan to make the property its new headquarters. The building was the former home of the Honolulu Advertiser and Star-Bulletin newspapers, and is located on the corner of Kapiolani Boulevard and South Street. The purchase price is not being disclosed at this time, but officials at Hawaiian Dredging did state that a significant assessment of the building will need to be completed to make sure that the property suits the company's needs.
Source: Honolulu Star Advertiser, 7-3-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
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